All Entertainment articles – Page 71
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News
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 ...
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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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News
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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NewsGame strikes deal with Microsoft to sell downloads in store
Game has struck a deal with Microsoft to sell downloadable games in its stores.
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NewsShop price inflation rises to 2.5%
Shop price inflation rose sharply to 2.5% in January, up from 2.1% the month before.
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NewsAsda sells e-reader for half the price of Kindle
Asda has launched an e-reader for £52 that is likely to spark a price war in the growing market.
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NewsWHSmith buys 22 shops from British Bookshops & Stationers
WHSmith has bought 22 shops and intellectual property from collapsed books chain British Bookshops & Stationers for £1.05m.
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News
Netflix Q4 revenue rises 34% to £386m
Netflix has reported a 52% rise in net income to $47.1m (£31m) in the fourth quarter ended December 31, with revenues rocketing 34% to $596m (£386m).During the period the company had a gain of 3 million subscribers, up to a total of 20 million end users. This represents a 63% ...
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NewsHMV investor Mamut mulling shake-up of business
HMV shareholder Alexander Mamut, the Russian oligarch who has been building up his stake in the business, has appointed Credit Suisse to advise him on options for the embattled retailer.
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NewsFormer Borders boss plans new retail business
Philip Downer, the former boss of defunct bookseller Borders UK, is mulling a new retail venture.
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NewsGame poaches M&S director Dave Hughes
Game has poached senior Marks & Spencer director Dave Hughes as its chief marketing officer.
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NewsConsumer confidence up in fourth quarter
Consumer confidence rose in the final quarter of last year as consumers felt more positive about job prospects and their personal finances.
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NewsWaterstone's to close 11 shops
Waterstone’s will close 11 stores as part of parent HMV’s plan to shed 60 stores across the group this year.
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NewsHMV begins closing stores
HMV has shut nine shops as part of its plans to close 60 across the group as it seeks to cut costs.
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AnalysisOnline streaming
With Amazon taking control of Lovefilm and Netflix flying high across the pond, all the signs suggest online streaming is set to become the norm
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NewsAmazon ebooks outsell paperbacks
US etail giant Amazon has revealed that sales of ebooks have overtaken those of paperback physical books for the first time.
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NewsWHSmith sales slip over key period but margin improves
Bookseller and stationer WHSmith pleased analysts with improved margin despite a worse-than-expected sales decline during the peak period.
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AnalysisChristmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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NewsBritish Bookshops & Stationers attracts offers as bid deadline expires
The deadline for bids for British Bookshops and Stationers, which collapsed earlier this month, expired yesterday (Tuesday).
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AnalysisChristopher North
With a keen eye for data and background in publishing the new Amazon UK managing director seems the perfect fit for the online giant.