All Entertainment articles – Page 80
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NewsGame’s two most senior executives exit
Game’s two most senior executives, including chief executive Lisa Morgan, have stepped down from the business as it revealed sharp falls in full year profits and turnover, and announced plans to close more than 100 stores.
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News
Borders sets aside space for e-reader category
Borders is setting up “Area-e” sections inside all its stores that will be dedicated to the growing e-book and e-reader category.The book retailer will offer a wide variety of e-readers for sale as well as a comprehensive array of accessories and extended warranty programmes. Borders expects to complete the roll-out ...
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News
Gome sales fall
Electronics retailer Gome has benefited from its recent store closure strategy.While sales for the year to December 31 fell 7% to Yn42.7bn (£4bn) - the result of closing down 189 underperforming stores - net profit jumped 34.4%.Gome revealed that the government’s stimulus policies helped to lift sales and operating ...
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NewsThe Hut Group raises £14m
Online retailer The Hut Group has raised £14m from investors including former chief executive of Matalan Angus Monro as it gears up for further acquisitions.
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NewsWaterstone’s hosts London ‘Tweet-up’
Waterstone’s last week conducted its first ‘Tweet-up’ - a real-life meeting organised via social networking site Twitter - and revealed plans to hold more around the country.
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NewsPlay.com appoints new chief executive
Entertainment etailer Play.com has appointed a new chief executive, former Apple director John Perkins.
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News
MPs pass bill targeting illegal downloaders
The controversial Digital Economy Bill designed to curb online piracy was forced through Parliament last night.
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NewsApple sells 300,000 iPads in one day
Apple sold 300,000 of its new iPad device on its launch day on Saturday, falling short of some expectations.
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AnalysisHMV: Music to investors’ ears?
HMV continues to diversify its offer but will its new ventures pay off?
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NewsBlackwell narrows losses but suffers from ‘unprecedented’ discounting from rivals
Updated: Academic books retailer Blackwell has narrowed its operating losses from £11.3m to £10.2m in the year to June 27 but is conducting a further review of the business against a backdrop of increased competition from online booksellers and supermarkets.
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Opinion
Clever books for clever people
Promoting Ant & Dec in Hampstead and the England football team in Glasgow was a recipe for disaster for Waterstones
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NewsNew product categories to drive growth at HMV
Entertainment group HMV is to extend the product offer at its eponymous music business and has set out a turnaround strategy for books chain Waterstone’s.
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NewsBlockbuster UK insists it has a future despite US struggles
The boss of the UK arm of embattled US DVD rentals chain Blockbuster has vowed that the retailer has a future and is not seeking to exit large swathes of its 638-store portfolio.
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NewsGame reshuffles management team
Game has reshuffled its management team to “strengthen the group’s offer in the UK and around the world”.
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News
Barnes & Nobel e-commerce boss becomes chief executive
Barnes & Noble has promoted William Lynch, who currently heads Barnesandnoble.com, to the position of chief executive, replacing Steve Riggio.The bookseller said that Riggio will be actively involved with the company and will stay on as vice-chairman.Lynch has been president of Barnes & Noble’s website since February last year and ...
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NewsBritish Bookshops on course for profitability after sale
Private equity firm Endless has sold British Bookshops & Stationers to its management for an undisclosed sum, it has emerged.
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NewsBlockbuster may put up stores as collateral to ensure DVD supplies
Troubled DVD rental group Blockbuster may have to put up Canadian stores as collateral after failing to secure bank credit for stock.
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NewsVideo games streaming service OnLive to launch in June
Video games online streaming service OnLive, which is expected to pose a significant threat to traditional games retailing, has revealed it will launch in the US on June 17.
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News
Game to shrink portfolio amid tough trading
Entertainment retailer Game is to shut 18 stores and all of its 25 Debenhams concessions as it reviews its property portfolio in the face of “tough market conditions in 2010”.
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NewsHMV trials DVD vending kiosks
HMv is trialling the sale of DVDs and some games in 11 vending machines in train stations and Vue cinemas.