All Entertainment articles – Page 55
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NewsWHSmith records 3% profit rise as like-for-likes slip
WHSmith recorded a 3% rise in trading profits to £74m but like-for-like sales fell 5%.
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News
Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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OpinionWill wifi in shopping centres kill physical retail?
Shopping centre owner Land Securities’ new wifi initiative, revealed last week, seemed like a controversial move on first sight.
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NewsGame's Iberian business taken over by OpCapita
OpCapita, the new owner of Game’s UK stores, has taken control of the retailer’s Iberian business from administrators PwC.
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AnalysisProfile: Martyn Gibbs, Game chief executive
Parachuted back into Game under new owner OpCapita, the keen gamer will lead a quest for its turnaround.
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NewsRough Trade to expand overseas with New York store
Famous record store Rough Trade is to open its first overseas store in New York in the autumn.
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News
Michaels Stores seeks expansion
Arts and crafts retailer Michaels Stores aims to raise $500m (£320m) in an initial public offering.Using cash raised, the retailer sees the potential for 1,500 stores in North America, including new formats for smaller and urban markets. Michaels also said that it will specifically target Hispanic customers with classes in ...
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OpinionHigh street still in clear and present danger
Momentum is the lifeblood of successful change. And, the more I reread the Government’s response to the Portas review, the more I’m convinced it has failed to harness the spirit and passion behind the Queen of Shops’ initial intentions.
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OpinionMoss Bros tailored for success
The demise of Game raised questions about the outlook for specialist retailers as online competition and the incursion of the grocers into general merchandise categories continues.
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NewsOpCapita to focus on re-engaging Game suppliers and staff
Game’s new owners are to focus on re-engaging suppliers and staff after a turbulent few months that led to the specialist collapsing last week.
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NewsOlympic night time deliveries given green light
Retailers in London will be able to make and receive night time deliveries during Games time, Transport for London (TfL) has confirmed.
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NewsGame's UK stores acquired by OpCapita
Game will remain on British high streets after Comet-owner OpCapita acquired all of the games retailer’s remaining stores out of administration over the weekend.
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NewsSony Music among bidders for HMV Live
Sony Music Entertainment has emerged as one of the parties vying to buy the live music division of entertainment retailer HMV.
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NewsGovernment criticised for lack of ambition on Portas Review
The British Retail Consortium has slammed the Government for “its lack of bold vision” in executing Mary Portas’ plan to revitalise British high streets.
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News
Decrease in net sales for computer games retailer GameStop
Computer games retailer GameStop’s net sales fell 3% to $3.58bn (£2.25bn) for the fourth quarter ended January 28. Net income dropped to $174.7m (£109.6m) from $237.8m (£149.2m) a year earlier due to significant charges and lower sales. Like-for-like sales fell 3.6%. The retailer said it expected its 2012 results to ...
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NewsGovernment launches Portas Plus plans to rescue failing high streets
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review.
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OpinionGame must bridge the trust gap to power up
The immediate aftermath of Game’s collapse into administration – 2,000 jobs slashed and 277 stores closed – makes it the most significant failure of a listed retailer since Woolworths.
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NewsGame administration sparks trade interest
The owner of Irish entertainment retailer Xtra-Vision is thought to be interested in acquiring parts of Game after it collapsed into administration this week.
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AnalysisVideo games market: What do retailers need to know?
The total games market is set to grow to £3bn this year as digital downloads drive sales, but the downturn and lack of new consoles have hit consumer spend.
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NewsSainsbury's makes a play for Game's market share
Sainsbury’s has made a grab for Game’s market share after the troubled games retailer fell into administration on Monday.