All Entertainment articles – Page 44
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NewsAmazon posts record entertainment market share as rivals eye HMV spend
Amazon outmuscled HMV in the run up to Christmas as it achieved a record market share, however the fight for the collapsed entertainment retailer’s share remains an “open ball game”, according to Kantar Worldpanel data.
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AnalysisWHSmith 20-week update: What the analysts say
WHSmith has once again generated profit through cost cutting despite posting like-for-like sales down 5% in the 20 weeks to January 20. Retail Week looks at analyst comment.
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NewsHMV receives 'substantial' interest from retailers for store estate
HMV’s store portfolio has received “substantial” interest from a range of retailers as the deadline for first round bids next week nears.
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News
Rakuten's Canadian Kobo ereader subsidiary exceeds market forecasts
Rakuten’s Canadian Kobo ereader subsidiary said it exceeded market forecasts during the second half of 2012.It sold more than 4 million devices during the six-month period, bringing its total number of registered users to 12 million.The company said ereader sales jumped by almost 150% in December, driven by market entries ...
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NewsRestructuring specialist GA Europe eyes Blockbuster UK
Collapsed DVD rental chain Blockbuster UK is being eyed by restructuring firm GA Europe as administrators Deloitte prepare to close the first tranche of stores.
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NewsHilco UK acquires HMV debt from Lloyds and RBS
Turnaround specialist Hilco UK has acquired HMV’s debt for £40m, effectively handing control of the collapsed entertainment specialist to the restructuring firm.
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OpinionBlog: Bricks and mortar retailers must learn from HMV and Jessops' mistakes
In this increasingly digital world, bricks and mortar retailers are being forced to revaluate store estates to find the right balance between online and physical stores.
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NewsHMV administrator Deloitte conducts u-turn on gift vouchers
Deloitte says HMV stores will begin to accept gift vouchers again from Tuesday after suspending their use last week when it fell into administration due to poor trading.
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NewsBlockbuster administrators to close 129 stores following collapse
Blockbuster’s administrator Deloitte is to close 129 of its 528-store portfolio as it looks to slim down its estate to a “profitable core”.
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NewsEntertainment giants considering support for HMV rescue
Entertainment suppliers are considering offering support to HMV as turnaround specilaist Hilco emerged as the frontrunner in the race to acquire the collapsed retailer.
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NewsGame considers acquiring tranche of HMV stores
Game, owned by OpCapita, is interested in acquiring up to 45 HMV stores as administrator Deloitte receives 50 expressions of interest for the entertainment retailer.
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AnalysisAnalysis: Top 10 UK retailers revealed
The retail landscape has rarely been as turbulent as it is now, and with further economic uncertainty predicted understanding what is happening with the big retailers has never been more important. Here, Retail Week reveals the UK’s top 10 retailers.
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NewsBlockbuster collapses into administration
Entertainment specialist Blockbuster has plunged into administration, making it the third large retailer to hit the buffers in a week following the collapse of Jessops and HMV.
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OpinionComment: HMV's unique staff culture could prove key for potential buyer
While some HMV staff have been understandably shocked by the company’s administration, many will acknowledge that it has seemed inevitable. There remains a genuine belief that the company could and hopefully will survive.
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NewsHMV receives 'more than 10' expressions of interest as Irish stores close
HMV’s administrator Deloitte is understood to have received “more than 10” expressions of interest in the entertainment retailer that collapsed on Tuesday.
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NewsGrocers and Amazon expected to benefit most if HMV was to shut
The big four grocers and Amazon are expected to be the biggest beneficiaries if collapsed entertainment retailer HMV were to shut all its stores and close down completely.
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AnalysisAnalysis: What next for HMV as it prepares to file for administration?
HMV is on the verge of collapse as it prepares to officially appoint Deloitte as administrator. With a strong brand and a lot of good will among the public and suppliers for the retailer, there is a chance the business could be bought out of administration in some form. Retail Week takes a look at the likely options on the table for administrator Deloitte.
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AnalysisIn numbers: HMV's sales and profits over the last 12 years
HMV filed a notice of intent to appoint administrators last night, following a turbulent time for the retailer after posting an £82.1m pre-tax loss last year. Retail Week plots its sales and profits over the last decade.
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OpinionNick Bubb's Verdict: HMV - Something can be salvaged from the wreckage
The obituaries of HMV are being written, but rumours of its imminent demise may have been exaggerated, as there seem to be reasonable hopes that something can be salvaged from the wreckage.
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AnalysisAnalysis: Why is HMV's Canadian business performing strongly?
As HMV’s UK business enters administration after battling market pressures, Retail Week asks how the entertainment retailer’s Canadian business is achieving strong growth.