All Entertainment articles – Page 77
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NewsAmazon in bid for Lovefilm
Amazon is understood to have made a takeover offer for online movie rental firm Lovefilm, valuing the business at close to £200m.
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NewsHMV hopes Christmas will halt sales plunge
HMV anticipates a good Christmas despite like-for-likes at its eponymous entertainment chain plunging 14.9% in the first quarter.
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NewsGadget Shop acquisition suggests online strategy shift at WHSmith
WHSmith has bought gift and gadget brand the Gadget Shop from toy retailer The Entertainer in a move analysts believe could point to a wider shift in the stationer’s online strategy.
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NewsGameStop prepares UK online assault with transactional launch
The world’s biggest games retailer GameStop is preparing to launch an online assault on the UK market in time for Christmas.
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NewsPotential buyers sit tight as Blockbuster awaits its fate
Uncertainty dogs up-for-sale DVD firm’s Christmas prospects as US parent mulls bankruptcy
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NewsWorld Cup hits sales at HMV
Entertainment group HMV suffered a 14.9% like-for-like sales plunge at its eponymous UK business as the World Cup hit performance.
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NewsBlackwell to shut HQ and hand power to stores
Academic books retailer Blackwell is closing its head office and decentralising power to its individual stores as it creates a new ownership structure.
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M.Video H1 sales up 7%
Consumer electronics chain M.Video’s retail sales increased almost 7% to RUB41bn (£866m) for the first half of 2010.M.Video’s net profit more than doubled to RUB518m (£10.9m).The increase in net profit is due to lower financing costs during 2010. President and chief executive Alexander Tynkovan said: “Customers are feeling more positive ...
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US Borders Q2 like-for-likes down 6.8%
Bookseller Borders has reported results for its second quarter ended July 31, 2010. Second-quarter sales were $526.1m (£340.4m), down 11.5% compared with the same period a year ago, with like-for-like sales slumping 6.8%. Borders.com sales rocketed 56.2% year on year, up to $15.5m (£10m).The company generated a loss from continuing ...
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NewsWaterstone's founder linked to buy-back deal
Waterstone’s founder Tim Waterstone is considering a £100m-plus bid to buy the book chain from its parent HMV if it fails to turn the business around by the end of the year.
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NewsTesco to launch Nadine Coyle's debut solo album
Tesco has secured the exclusive launch of pop star Nadine Coyle’s debut solo album.
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NewsTesco ramps up promotional music campaign
Tesco is to ramp up the promotional campaign behind its exclusive Faithless album with a £100,000 push to put CDs into 420 of its petrol stations for the first time.
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AnalysisBrands: If at first you don’t succeed, try, try, try again
Joining the ranks of high street failures such as Zavvi and Woolworths, high-profile retail casualty of the recession MFI is being resurrected as an online brand. But can failed or struggling brands successfully put their tattered reputations behind them and regain trust
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NewsHMV broadens range with fashion brands offer
Entertainment group HMV is expanding its fledgling fashion offer with the introduction of a raft of big-name brands next week.
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NewsWaterstone's to open food outlets in two stores
Bookseller Waterstone’s has confirmed it will next week open a restaurant and bar in its Deansgate branch in Manchester, as well as a new café in its Cambridge shop.
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NewsBook Depository sales up as it targets overseas
Online bookseller The Book Depository’s revenue soared 20% to £74.2m in the year to June 30 as the etailer focused on overseas territories.
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NewsWaterstone’s shop-in-shop a first for Fopp
HMV-owned music chain Fopp opened its first shop in Waterstone’s in the book chain’s Gower Street store in London on Saturday.
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CVS to roll out Redbox DVD rental kiosks
Drugstore operator CVS will roll out Coinstar’s automated Redbox DVD rental kiosks at locations across its mainland US, Puerto Rico and Longs Drug outlets in Hawaii. The roll-out, which follows a successful pilot programme, will start this quarter with about 700 installations by the end of this year and is ...
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Barnes & Noble considers sale
Barnes & Noble’s board of directors is to consider selling the company as part of an evaluation of strategies to increase stockholder value. The board believes the retailer’s shares are significantly undervalued.Evaluating strategic alternatives will be overseen by a committee of four independent directors who will make recommendations to the ...