All Entertainment articles – Page 80
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NewsPositive sales for PPR in first quarter
French retail group PPR reported a positive first quarter with sales up 1.3% on a like-for-like basis to €4.1bn (£3.56bn) in the first quarter of the year.
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NewsHMV Group Q4 like-for-likes slump 13.2%
HMV Group has reported difficult fourth quarter with like-for-likes slumping 13.2% but said its full year pre-tax profits will meet City expectations.
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NewsAmazon sales and profits continue to soar
Sales for internet giant Amazon have continued to soar in its first quarter, growing 45% to $7.13bn (£4.6bn).
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NewsWHSmith cautious on prospects despite profits rise
Bookseller and stationer WHSmith has posted a 2% increase in first-half group pre-tax profits to £62m but cautious about prospects.
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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 ...

















