Acquired by the pharmacy group in 1992, Musica has been the country's leading music and entertainment retail brand for several decades.

Musica has closed 19 stores since the start of its 2021 financial year last September and is currently trading from 59, Clicks said. The remaining stores will be closed as leases expire over the next four months.

In the stores which have been closed, Musica staff have been absorbed into the group's health and beauty store network, the company said, adding management was committed to accommodating the remaining staff within the group where this is operationally feasible.

Moneyweb