All Entertainment articles – Page 70
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AnalysisProduct launches
Hype surrounding soon-to-launch products offers a wealth of opportunity for retailers to cash in on the demand
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News
Blockbuster to go ahead with its proposed £180m sale to investors
Troubled retailer Blockbuster has been given clearance by the US courts to go ahead with its proposed $290m (£180m) sale to investors, overcoming fears that the group may file for Chapter 7 liquidation.The retailer had come under pressure from creditors, including a growing number of movie studios that were owed ...
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NewsHMV hires Comet's Ewan Pinder as head of technology
HMV has appointed Comet head of merchandising and store development Ewan Pinder as its head of technology.
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NewsFoyles acquires Grant & Cutler book store
Bookseller Foyles has acquired Grant & Cutler, the largest foreign language bookshop in the UK.
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NewsHMV to present rescue plan to banks this week
HMV is to meet with banks this week to outline a rescue plan that could include a sale of its book chain Waterstone’s.
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NewsCrackdown on Channel Islands VAT loophole
Chancellor George Osborne is planning to crack down on cheap goods flooding into the UK from the Channel Islands.
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NewsHMV shares rise as boss Simon Fox remains upbeat
HMV shares surged yesterday after chief executive Simon Fox remained upbeat on the entertainment retailer’s future.
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NewsIn Focus: Richer Sounds
I confess to being a long-term fan of Richer Sounds. It all started in 1988 when my business partner Clive Grant and I came across them compiling our second edition (we’d missed them in the first) of The Retail Rankings.
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AnalysisChannel Islands VAT rules
Big name retailers capitalising on the Channel Island VAT loophole is seen by some as an unfair advantage. Will George Osborne’s Budget change the status quo?
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NewsGame faces tough task of etail growth
Game’s pledge to plough £15m into online and digital gaming was applauded by Espirito Santo but it was concerned that sales growth might not offset the investment.
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NewsHMV to hold official UK launch of Nintendo 3DS
HMV has partnered with Nintendo to launch its new 3DS console in the UK.
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NewsTesco pushes music companies to renegotiate CD deals
Tesco is to demand that music companies to accept minimal upfront payments for the CDs they ship to the retailer in a deal that will test how record labels’ bargaining power has diminished alongside shoppers’ interest in CDs.
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NewsSainsbury's launches into children's books
Sainsbury’s has launched its first range of own brand pre-school children’s books as part of a wider initiative to increase own brand and branded books.
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News
Blockbuster received bid for £179.9m as it puts itself up for auction
Troubled entertainment retailer Blockbuster has put itself up for auction and has received a bid from a consortium for $290m (£179.9m). The US chain has reportedly agreed to sell itself to Cobalt Video Holdco in a deal that includes its UK operations. Blockbuster chairman and chief executive Jim Keyes said: ...
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NewsHMV expected to consider an emergency rights issue
Disposal of Waterstone’s also a possibility following fourth profit warning by parent since last autumn
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NewsHMV warns on profits
Entertainment group HMV has issued a profit warning after continued tough trading.
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NewsFoyles plans new Charing Cross Road flagship
Foyles’ flagship London bookstore is turning a new page and will move from its famous location just 15 yards down Charing Cross Road in a building occupied at present by the Central St Martin’s School of Art.
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News
Borders files for bankruptcy protection
Borders has filed for bankruptcy protection, sunk by crushing debt and sluggishness in adapting to a rapidly changing industry.The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, a Borders spokeswoman said. The company also ...
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News
Blockbuster faces eviction from dozens of US stores due to unpaid rent
Blockbuster reportedly faces eviction from dozens of US stores where it has not paid rent, adding to the bankrupt company’s troubles. According to local press, four landlords have asked a bankruptcy judge to order immediate rental payment for 38 of the company’s stores.
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NewsHMV to close Brent Cross store
Struggling music chain HMV is to close one of its most high profile stores at Brent Cross shopping centre in London.