All Entertainment articles – Page 47
-
AnalysisAnalysis: How can HMV heal its trading wounds?
Following HMV’s warning on covenants last week, Retail Week takes a look at seven areas the retailer needs to focus on to survive.
-
AnalysisAnalysis: Who is Apollo Global Management?
Investment specialist Apollo Global Management acquired 10% of HMV’s debt from Allied Irish Banks last week which some are predicting could signal intention of a takeover. Retail Week takes a look at the company.
-
OpinionNick Bubb's Verdict: 7 days to save HMV's world?
Thanks to the support from its suppliers, HMV has much better stock levels and promotions than a year ago, so operationally the business is in good shape, but will consumers cooperate?
-
NewsBlackwell's losses narrow despite falling sales
Blackwell’s narrowed its losses last year after disposing of its Dutch subsidiary Houtschild for €1m in June.
-
NewsHMV eyed by Apollo Global Management
Struggling entertainment retailer HMV is being eyed for a takeover by Apollo Global Management, one of the world’s largest investment groups.
-
News'HMV still has a place on the high street', insists chief executive Trevor Moore
HMV’s new boss Trevor Moore has insisted there is a demand for a high street entertainment retailer despite HMV warning that it may breach its banking covenant at the end of January.
-
NewsFoyles plans new flagship store as profits slump
Book retailer Foyles has posted a slump in profits due to construction works impacting sales at its Charing Cross branch as it plans to open a new flagship store less than 100 metres away.
-
AnalysisAnalysis: HMV set for a difficult new year
HMV today revealed in its first half update that a less than bumper Christmas trading period so far will make it “probable” that it will breach its banking covenants in January and April.
-
NewsHMV warns over covenants despite narrowing first-half losses
HMV has warned it might breach its banking covenants despite narrowing losses and improved like-for-like sales in the first half.
-
News
Barnes & Noble reports revenue decrease
Bookseller Barnes & Noble reported revenue fell 0.4% to $1.9bn (£1.18bn) in its second quarter to October 27.The retailer recorded a net profit of $2m (£1.2m) against a net loss of $7m (£4.4m) in the same period last year.Retail sales from Barnes & Noble stores and BN.com fell 3% to ...
-
NewsHMV sells Mama Group as it edges closer to disposal of HMV Live
Struggling entertainment retailer HMV has sold its live music business Mama Group for a net cash consideration of £7.3m.
-
NewsAmazon reveals UK sales figures after Government grilling
Amazon has revealed its UK sales and profits figures for the first time after being ordered to be more transparent by the Government.
-
NewsWHSmith poised to open in Russia
WHSmith is to open stores in Russia as part of an international expansion strategy.
-
AnalysisAnalysis: Where next for the books market?
The growth of ereaders and etail means bricks-and-mortar books retailing has been hit hard. Rebecca Thomson looks at how booksellers can survive and how the market is likely to evolve.
-
News
GameStop to close 200 stores
Entertainment retailer GameStop has told investors it plans to close 200 of its less profitable stores over the next year.Chief executive Paul Raines explained that around 2% of GameStop’s US stores and 5% of its international stores are unprofitable at present. The retailer posted better-than-expected results for its third quarter ...
-
NewsWaterstones eyes overseas expansion
Waterstones is eyeing international expansion as its turnaround progresses.
-
NewsAsda looks to buy its way into digital entertainment
Asda is mulling a digital entertainment acquisition as the battle in that market intensifies.
-
NewsWHSmith like-for-likes dip 4%
WHSmith like-for-likes dropped 4% in the first 10 weeks of its financial year.
-
NewsFoyles opens pop-up store at Central Saint Martins College
Foyles has opened a pop-up shop at Central Saint Martins College in London.
-
AnalysisInternational analysis: Fnac tie-up with iTunes would be sign of the times
French entertainment retailer Fnac is to stop offering MP3 music downloads through its Fnac.com website and will instead sell via Apple’s iTunes platform, it has been reported.