Toronto. In October 2014, the chain was acquired by Doug Putman. Under Putman, the chain opened new locations; it expanded to nine stores within Ontario.

In January 2017, HMV Canada entered receivership, and announced that it intended to close all stores by the end of April. On February 26, 2017, Sunrise Records announced that it had negotiated to purchase the leases for 70 of HMV's locations from landlords to convert them to Sunrise stores (including major locations such as the Square One Shopping Centre,