All Entertainment articles – Page 96
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News
Negative trading statements soar in fourth quarter
Stores unveiled a record number of negative trading updates during the the fourth quarter of 2008 – a figure that has only ever been equalled in the first quarter of 2005.
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News
Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
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News
Mass redundancies at Zavvi HQ and Irish business collapses
Over half of staff at the west London headquarters of entertainment retailer Zavvi were made redundant this afternoon.
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News
Zavvi goes into administration
Entertainment retailer Zavvi today became the latest retailer to go into administration.
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News
Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.
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News
Debenhams post-Christmas Sale to be 'biggest ever'
Debenhams has unveiled plans for its biggest ever Sale with thousands of products up to 70 per cent off across its stores.
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News
Retailers' pre-Christmas Sales to hit new record
Retailers will embark on the biggest ever pre-Christmas Sales drive from now until Christmas Eve in a last-ditch attempt to lure shoppers onto the high street.
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News
Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
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News
£100 million Christmas day spend expected online
Shoppers are expected to spend over 100 million on Christmas day this year with 5 million people set to go online.
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News
Mixed reports on crucial weekend trading
There have been mixed reports this morning about weekend trading that retailers hoped would bring a last minute Christmas rush onto the high street.
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News
Retail insolvency practice set for reform
Retail insolvency regulations will come into force next year, designed to stymie quick sales of retailers in administration.
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Opinion
HMV whistles a happy tune
“Over the last two weeks there have been unprecedented changes to the competitive landscape of the entertainment sector.”
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News
Discounts fail to lift sales in London in November
Sales in London took a hit in November as discounts and promotions across retail stores failed to tempt shoppers to spend.
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News
Zavvi plays down restructuring talks
Zavvi has insisted it is not on the verge of administration after hiring Ernst & Young.
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Analysis
Video: The week in retail, December 12, 2008
TGi Friday: As Woolworths launches its closing down Sale, Tim Danaher and George MacDonald assess the likely impact on the rest of the high street and whether there is any chance of a last-minute deal. One of the long-term beneficiaries may be HMV, which posted mixed interim results on Thursday.
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News
EUK redundancies begin after no buyer is found
Two-thirds of the staff at EUK, the Woolworths-owned entertainment distributor which is in administration, have been made redundant after no buyer was found for the business.
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News
Zavvi creditors call in restructuring team, reports claim
Zavvi has denied reports this morning that creditors have drafted in an emergency restructuring team from Ernst & Young as the Woolworths fallout hits the retailer hard.
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Analysis
Christmas on Oxford Street: Tinsel town
Stores must be on top form if they’re to capture dwindling consumer spend. Charlotte Hardie and Itim Consulting’s Simon Puryer take a stroll down Oxford Street to see how they’re doing.
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News
HMV warns of weakening book market
HMV has reported flat first-half like-for-like sales and warned of a “marked deterioration” in the book market over the past five weeks.
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News
Verdict: Retail profits to dive in 2009
Retailers should brace themselves for one of the worst years on record in 2009, as high street spending goes into reverse and retail profits nosedive.