All Entertainment articles – Page 51
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AnalysisHMV: What the analysts say
As HMV outlines its strategy to hit £10m this year profit against a £16.2m pre-tax loss in its year to April 28, Retail Week rounds up analyst viewpoints on the retailer’s future.
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OpinionComment: HMV - Hope May Vanish?
It is often said that hope springs eternal and that is certainly the way HMV’s management seem to feel, as they still confidently expect profits of over £10m this year, despite their dependence on Christmas trading and despite dismal trading over the last year. But HMV might stand for “Hope May Vanish”.
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NewsHMV reports full-year £16.2m pre-tax loss
HMV made a £16.2m pre-tax loss in its year to April 28 but is confident it will achieve at least £10m profit in its current year.
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NewsHMV's finance director David Wolffe poised for exit
HMV’s finance director David Wolffe is set to leave the entertainment retailer.
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AnalysisAnalysis: What does Trevor Moore need to do at HMV?
The fact that Simon Fox is to leave HMV is perhaps not the biggest of surprises. He leaves at a sensible time, with his head held high, particularly after getting suppliers and banks on side in January, when lenders granted the troubled retailer extra headroom.
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AnalysisSimon Fox: 'My legacy will be that we've survived'
HMV chief execuitve Simon Fox has said he is “proud” of his achievements at the retailer as he prepares to step down after six years at the helm.
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AnalysisHMV timeline: Simon Fox's highs and lows at the retailer
Simon Fox leaves HMV next month after six years as chief executive of the entertainment retailer to be replaced by former Jessops boss Trevor Moore. Retail Week looks at Fox’s time at the top of HMV.
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NewsHMV boss Simon Fox exits as Jessops' Trevor Moore takes the post
HMV chief executive Simon Fox has stood down from the retailer and will be replaced by former Jessops boss Trevor Moore.
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OpinionComment: Reducing store portfolio may challenge retailers
Many retailers have recognised the power of ecommerce to drive sales and offer a compelling and convenient way for their customers to shop.
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AnalysisRetail Week on the Road: Northwest
We visit Stockport, Northwich, Manchester and Liverpool.
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News
Fnac reports sales decrease
Fnac, PPR’s books, music and electronics business, reported sales were down 1.1% for the first six months of this year to E1.77bn (£1.38bn). Like-for-like sales fell 1% and the retailer recorded an operating loss of E7.5m (£5.8m) compared with an operating profit of E6.7m (£5.2m) for the same period last ...
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NewsGames Workshop reports hike in profits
Fantasy board game specialist Games Workshop has bucked the economic gloom to report a rise in pre-tax profit from £15.3m to £19.5m for the 53 weeks to June 3.
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NewsOlympic ceremony boosts HMV music sales
HMV has reported that sales of CDs and downloads by artists featured in the Olympic ceremony rocketed over the weekend.
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NewsAmazon global profits plummet to £4.5m in second quarter despite sales surge
Amazon’s global net profits plummeted to $7m (£4.5m) in its second quarter, despite sales soaring 29% to $12.83bn (£8.18bn) as it continued to invest in its business.
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News
Amazon reveals exclusive agreement with Warner Bros
Amazon has revealed an exclusive agreement with Warner Bros Domestic Television Distribution to add popular TV shows to its Prime Instant Video catalogue.These titles – including shows like Fringe and The West Wing – will be available to Amazon Prime members this summer, adding to its Prime offering of more ...
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AnalysisTechnology: The rise of interactive retailing
Retailers are increasingly enhancing the in-store experience through interactive technologies. Liz Morrell looks at what it takes to create a seamless customer journey.
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NewsHMV plans Stock Exchange listing change to speed up Live disposals
Entertainment retailer HMV is planning to transfer its Stock Exchange listing category on the Official List from premium to standard.
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NewsXtra-vision looks to digital as it narrows pre-tax losses
Irish entertainment retailer Xtra-vision narrowed its pre-tax losses in its last financial year as it looks to digital for growth.
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NewsAmazon gains share from HMV and Game to take top spot
Amazon has retained top spot in the entertainment market with a 21.1% market share, gaining share from HMV and Game.
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NewsAmazon to open London technology centre
Amazon is to open a London technology hub to develop the next generation of TV and film technology.