All Entertainment articles – Page 71
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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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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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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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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.
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NewsWHSmith chief Kate Swann sells 27% of her shares
WHSmith chief executive Kate Swann has sold a substantial proportion of her shares in the bookseller and stationer.
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NewsGame’s new strategy aims to triple digital revenue by 2013
Retailer is aiming to be a fully multichannel business with a focus on downloads and mobile gaming
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NewsBlockbuster UK boss says business isn’t under threat
Blockbuster UK has insisted that the troubles its US parent Blockbuster Inc are facing do not threaten the British division.
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GalleryMills & Boon Selfridges, Oxford Street
Come, been and gone, its purpose served. The pop-up store in Selfridges’ Wonder Room Concept Store created by romantic fiction publisher Mills & Boon, was there for only one reason - to mark Valentine’s Day last Monday and, presumably, to shift a few volumes.
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NewsHMV enjoys sales uplift after last night's Brits
HMV has enjoyed a boost in sales on the back of the Brit Awards last night, with sales of one winner’s album soaring 594% compared with the same day last week.
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NewsGame to invest £15m in its three year multi-channel strategy
Game is to invest £15m in its three year multi-channel strategy and has secured refinancing from its banks for the period until 2014.
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NewsCPI inflation rises to 4%
Consumer prices index (CPI) inflation rose to 4% in January, up from 3.7% in December.
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Blockbuster to add 3,000 Express DVD rental kiosks this year
Blockbuster is planning to add 3,000 Express DVD rental kiosks during 2011, despite closing stores and filing for Chapter 11 bankruptcy protection.Blockbuster Express owner NCR estimates that it will generate about $200m (£130m) in revenue in a single year from its kiosks and says it plans to reposition kiosks that ...
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News22 British Bookshops stores bought by WHSmith
The British Bookshops & Stationers (BBS) name is set to survive for the foreseeable future after WHSmith purchased the intellectual property rights of the business plus 22 stores for £1m.
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Borders intends to stay in business
Entertainment retailer Borders said it fully intended to stay in business, despite widespread reports that it may be preparing a Chapter 11 bankruptcy filing.Bloomberg News had reported that the company could file for bankruptcy protection within days and would seek to close at least 150 stores. Borders said that it ...