MUSIC store HMV has gone into administration, officially putting the future of Redditch's town centre store in doubt.

If HMV was to go bust, it would be the second time it has collapsed in recent years, having filed for administration in 2013, after which it was acquired by its current owner, Hilco.

A statement from Hilco said it has resolved to appoint administrators from KPMG to the business following an extremely weak Christmas footfall and a further deterioration in the UK market for CD and DVD.

The statement said HMV’s 125 stores across the UK will continue to trade and buyers are also being sought for the business as a going concern.

Paul McGowan, executive chairman of HMV and its owner Hilco Capital, said: "Even an exceptionally well-run and much-loved business such as HMV cannot withstand the tsunami of challenges facing UK retailers over the last 12 months on top of such a dramatic change in consumer behaviour in the entertainment market."

Anyone who received HMV gift vouchers for Christmas is being advised to spend them "sooner rather than later", as experts say whether they will be accepted will depend on the administrators.

High business rates, weak consumer confidence and the rise of online streaming services will have taken their toll on HMV.

High street retailers have been slashing prices after brutal trading in November and early December failed to lure shoppers to stores.

Traditional retailers have been battling the rise of online shopping, higher costs and low consumer confidence as shoppers rein in spending amid Brexit uncertainty.