Sales have rocketed at HMV as the retailer was boosted by a record amount of vinyl album sales.

HMV, which has a store in Cheltenham's Regent Arcade, has returned to profit for the first time since it was bought out of administration in 2019, Retail Gazette reported..

HMV and Fopp owner Sunrise Records and Entertainment posted pre-tax profits of £1.97 million for the year ending 30 May 2022 from a loss of £243,000 the previous year.

Sales increased by 67% to £150.79 million for the year.

The positive performance comes as vinyl record sales surpassed CDs for the first time in 35 years in 2022 with more than 5.5 million units sold.

Top-selling albums for 2022 included Taylor Swift's Midnights and Harry Styles' Harry House while collectible editions of classic albums from the likes of David Bowie and The Beatles also proved popular.

HMV made the decision to move away from CDs and focus on vinyl under Sunrise Records and Entertainment owner Doug Putman and returned to making music after 43 years under its new record label, 1921 records.

HMV opened 10 new stores in 2022.

The music retailer was snapped up by Putman in 2019 after it fell into administration for the second time due to climbing rents and weakened consumer confidence.