All Entertainment articles – Page 72
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News
Blockbuster gets deadline extension for bankruptcy reorganisation plan
Blockbuster has received an additional three weeks from its lenders to file a bankruptcy reorganisation plan. The company received an extension to February 4 from January 14 to file a plan, a regulatory filing shows. It is common for debtors to seek such extensions and US bankruptcy courts routinely grant ...
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NewsStaffing changes hit Games Workshop
Staff cuts hit first-half sales and profits at wargames specialist Games Workshop and the retailer is now determined to improve customer service.
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NewsFoyles to open first shop outside London in 70 years
Bookseller Foyles is to open its first shop outside London for 70 years, in Bristol’s Cabot Circus.
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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NewsHMV shareholder backs management
One of HMV’s largest shareholders has defended the management of the embattled entertainment retailer after a difficult month of profit warnings and reduction of credit insurance.
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NewsBritish Bookshops & Stationers axes 40 staff
British Bookshops & Stationers, the book chain that collapsed last week, has made 40 redundancies as it gears up for a Sale this weekend.
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NewsFood sales suffer worst December on record
Food sales by volume declined 3.4% in December, the lowest on record since the index began in 1988.
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NewsSecond management buyout could save troubled British Bookshops and Stationers
Collapsed chain British Bookshops and Stationers could be revived under its existing management, which is understood to be attempting a second management buyout within a year.
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NewsAmazon agrees takeover of Lovefilm
Online giant Amazon has agreed the full acquisition of film rental specialist Lovefilm.
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NewsLeading record companies lend backing to HMV
The chiefs of seven leading record companies have come out in support of HMV, saying that they are continuing to supply the retailer as normal and praising the unique role it plays in supporting the music industry in the UK.
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NewsThe Book Depository reveals strong first half
Online bookseller The Book Depository has revealed a 70% surge in sales to £60m in the six months to December 31.
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NewsHMV credit insurance under review
UPDATED: HMV Group has confirmed that credit insurers are reviewing the level of cover they provide to the retailer.
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NewsThe Hut sales leap 70% in 2010
Online retailer The Hut’s sales jumped 70% for the year to December 31.
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OpinionRetail success is precision engineered
I am writing this on a flight to New York heading for the NRF’s 100th Annual Convention. I’m well aware of the need to stay au courant with the sector - not least when writing for Retail Week - but my copy of the latest magazine had not arrived on ...
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NewsBritish Bookshops becomes first retail casualty of 2011
Bargain bookseller British Bookshops & Stationers has collapsed into administration, becoming the first retail casualty of 2011.
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News
US retailers issue mixed trading updates
Retailers have been issuing Christmas trading updates. Department store group Kohl’s reported total sales for the five weeks ended January 1 up 5.9% to $3.19bn (£2.05bn) over the comparable period the previous year. On a like-for-like sales basis, December sales increased 3.9%.Clothing retailer Limited Brands reported like-for-like sales up 5% ...
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NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
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NewsHMV begins staff consultation across group
HMV and Waterstone’s head office staff are in consultation as parent HMV Group strives to make cost savings across the business.
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.