All Entertainment articles – Page 102
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Analysis
Product information: Knowledge is power
In a culture where customers are empowered to find product information for themselves, retailers are in danger of losing authority in their field. Liz Morrell finds out why it’s crucial they take control.
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Opinion
Dancing to a digital tune
Since Apple turned the music retail business on its head with the launch of the iPod and iTunes online music store, it has rather set the pace of change in the industry.
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News
Inflation climbs to 4.7 per cent in August
The annual rate of inflation rose to 4.7 per cent in August, an increase on the previous month’s 4.4 per cent rate, following hikes to food and energy bills.
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News
Best Buy snaps up Napster for US$121m
US electricals giant Best Buy is to acquire online music business Napster for US$121 million ( 67.3 million).
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News
Zavvi reduces loss as like-for-likes climb
Entertainment group Zavvi revealed like-for-likes sales rose 10 per cent in its first year since being bought out from Virgin. Despite posting a loss, it said it has managed to improve EBITDA “significantly”.
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Analysis
Plastic bags: Has the problem been exaggerated?
With a target of reducing plastic bag usage by 70 per cent by next spring, retailers are doing all they can to minimise their waste, but has the problem been exaggerated? Liz Morrell sorts fact from fiction
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News
Casino targets UK with discount e-tail site
French retail giant Casino is to debut in the UK with the launch of its non-food discount web site Cdiscount.com.
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News
Game opens concessions in Borders stores
Computer entertainment specialist Game is testing concessions in Borders stores.
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News
New season of negative updates gives retail analysts little reassurance
Retail had regained favour in the run-up to the reporting season, but the first set of updates brought a slew of bad news.
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Opinion
City Insider: Simon Fox is working magic at HMV
There was no new Harry Potter book this year to summon up book sales but that other sorcerer, Magic Circle member and HMV boss Simon Fox, still managed to conjure an impressive performance at group level.
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News
Blackwell boss steps down
Blackwell UK chief executive Vince Gunn has left the retailer with immediate effect.
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News
Credit crunch will drive Christmas shoppers online
Up to 68 per cent of shoppers are planning to shop online for Christmas presents this year.
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News
HMV Group sales robust
HMV Group has reported strong interim sales, but suffered at its Waterstone’s fascia in the wake of a weaker book market.
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News
Housing policy brings industry little comfort
The Government’s 1 billion raft of initiatives to kick-start the housing market is unlikely to improve retail trading, store chiefs and analysts have said.
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Opinion
Act tough now and win later
As famed former Marks & Spencer boss Sir Richard Greenbury points out on page 23, retailers have had a good run. Such a good one, in fact, that many of today’s senior retailers won’t have worked through a recession. Not many of us here at Retail Week have either.
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News
Christmas in the balance
Sector braced for toughest season since the 1980s, with December like-for-like drop expected.
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News
Interest rate held at 5%
The Bank of England has held the interest rate at 5 per cent for the fifth month running despite increasing fears of an imminent recession.
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News
Out-of-town retail parks to ‘lead retail renaissance’
Out-of-town retail is set to bounce back from the economic gloom and will be more successful than town centres in instigating a retail resurgence, a Verdict survey has claimed.
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News
Borders UK restructures buying team
Eight buyers at Borders UK are to leave the retailer following a review of the buying team structure.
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News
35 retailers back Green’s letter to landlords
Sir Philip Green has written to some of the UK’s biggest landlords on behalf of 35 retail groups in an attempt to bring key aspects of how retail property is leased into the modern era.