All Entertainment articles – Page 86
-
News‘Recovery hopes premature’ as August UK retail sales fall
UK retail like-for-like sales fell 0.1% in August as shoppers stayed away from the high street due to very wet weather, casting doubt on early economic recovery hopes.
-
NewsGoogle tries to ease European anger over book digitisation
Google is trying to tackle the growing anger over its proposals to add millions of books to its digital library.
-
NewsAmazon warns on Google e-books proposals
Online retail giant Amazon has warned a US court that Google will stifle competition and break anti-trust laws if it is permitted to add millions of book titles to its digital library.
-
NewsProposals to tackle illegal downloaders divide retailers
Retailers are divided over Government proposals to switch off internet connections of illegal file sharers.
-
News
Borders reports widening losses
Book retailer Borders reported widening losses of $12.7m (£7.8m) for its second quarter, compared with a loss of $10.5m (£6.4m) for the same period last year.Quarterly sales were $616.8m (£378.1m), down 17.7% from a year ago. Comparable store sales fell 17.9% and 10.8% at Borders superstores and Waldenbooks stores respectively.Chief ...
-
NewsHMV posts sales rise and strikes digital deal
Entertainment group HMV notched up a 1.7% rise in like-for-like sales at its eponymous UK and Ireland business in the 18 weeks to August 29.
-
NewsRetail stocks lifted as FTSE bounces back
The FTSE 100 closed at a 10-month high on Tuesday. Food and general retailers alike were both up over the week although neither matched the All-Share rise.
-
OpinionFile sharers are consumers too
Would cutting off the internet access of people who abuse copyright online really benefit legitimate entertainment retailers?
-
NewsSainsbury’s aims to lure in gamers
Sainsbury’s has announced plans to triple its games-related marketing budget in order to grab 5% of the UK’s gaming hardware sales.
-
NewsConsole price cut to benefit Game
Game’s shares were expected to rise after Sony revealed a much-anticipated PlayStation 3 price cut on Tuesday.
-
NewsVAT loophole’s potential closure could benefit stores
HMV’s store network could benefit from the possible closure of a Channel Islands tax loophole affecting etailers.
-
News
Costco opens first Australian store in Melbourne
US-based warehouse club Costco has opened the doors of its first Australian store.Located in Melbourne, the 155,000 sq ft store attracted more than 1,000 shoppers within the first hour of trading. The store features about 3,600 SKUs comprising groceries, electronics, clothing, DVDs, books and furnishings.Fresh food is predominantly sourced locally, ...
-
News
Barnes & Noble posts 5% decrease in second-quarter sales
Book retailer Barnes & Noble posted a 5% decrease in second-quarter sales to $1.2bn (£700m). Store sales decreased 5% to $1bn (£600m), with like-for-like sales down 6.9% for the quarter.Sales generated by the retailer’s website climbed to $102m (£62m) for the quarter, a 2% increase compared with the year before.The ...
-
News
Blockbuster Q2 revenues fall nearly 22%
Blockbuster has posted lower than expected quarterly revenues and same-store sales, blaming stiff competition for its performance.The DVD rental chain made a net loss for the second quarter that narrowed to $39.7m (£24.3m) from a net loss of $44.7m (£27.3m). Revenue fell nearly 22% to $1.02bn (£623.9m). Chief executive James ...
-
NewsSony slashes price of PlayStation 3
Sony has slashed the price of its PlayStation 3 games console in an attempt to boost sales for the vital Christmas season.
-
NewsOnline retailers under threat as Government clamps down on VAT loophole
Online retailers using a Channel Islands VAT loophole on the sale of entertainment products are under threat as Government looks into whether they are abusing the system.
-
NewsHMV shares rise as Fox recommits
HMV shares bounced back after chief executive Simon Fox pulled out of the race for the top job at embattled broadcaster ITV.
-
NewsPaperchase profits plunge by 20%
Stationery retailer Paperchase saw pre-tax profits plunge by 20% from £8.1 million to £6.5 million for the 12 months to 31 January.
-
NewsBBC wins 2entertain case against Woolworths administrator
The BBC’s commercial arm, BBC Worldwide, has won a court case against Woolworths’ administrator Deloitte over the value of joint venture 2entertain.
-
NewsHMV’s Simon Fox drops out of race to head ITV
HMV boss Simon Fox has dropped out of the race to become chief executive of ITV.