All Entertainment articles – Page 55
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NewsGame collapses into administration, 6,000 jobs in jeopardy
Game has appointed PwC as administrator to the business this morning after “ceaseless interrogation of every possible alternative” failed to save the troubled entertainment retailer. It is thought that chief executive Ian Shepherd has stepped down.
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NewsHMV closes Guernsey base
HMV is one of the first large retailers to move its base out of the Channel Islands after the Government’s decision to close a tax loophole in the region.
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NewsGame banks mull rescue deal
Game’s banks are mulling a rescue of the retailer that is poised to go into administration as early as today.
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NewsGames overtook video sales for first time in 2011
Games software overtook video for the first time last year to become the UK’s biggest entertainment category, according to the Entertainment Retailers Association.
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NewsPotential buyers circle Game
Beleaguered entertainment retailer Game was being circled by potential buyers within hours of putting administrators on standby yesterday.
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GalleryBookseller Watermark makes UK debut
Bookseller Watermark made its UK debut in London’s King’s Cross station this week as part of the unveiling of the remodelled concourse.
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NewsGame files notice of intention to appoint administrator
Game has filed a notice of intention to appoint an administrator after suspending its shares this morning. Stores will remain open for the time being.
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AnalysisGame: Are banks playing fair?
Today is likely to end very badly for Game, after the troubled retailer suspended shares on the London Stock Exchange this morning.
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NewsGame suspends shares as no equity left in business
Game has suspended trading on the London Stock Exchange as it concludes there is no equity left in the business.
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NewsWHSmith introduces contactless payments
WHSmith will begin rolling out contactless payments in 46 of its “major” travel locations this Spring.
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NewsAmazon buys automated picking firm for $775m
Amazon has acquired Kiva Systems, a technology firm specialising in automated picking, for $775m.
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NewsMinimum wage frozen for young people, adult rate to increase 1.8%
The national minimum wage for 16 to 20 year olds will be frozen next year to stimulate job creation for young people as the adult rate rises 1.8%.
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NewsGame’s future hangs in the balance
Game’s future has been cast in doubt after a rescue deal put forward by Comet’s owner appears to have been rejected by the troubled retailer’s banks.
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NewsGame offered lifeline by Comet owner OpCapita
Embattled entertainment retailer Game has been offered a lifeline by Comet owner OpCapita.
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NewsHMV confirms ongoing sale of live business
HMV has confirmed “a number of parties” are eyeing the entertainment retailer’s live venue arm.
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NewsGame in talks with third party over new funding
Beleaguered entertainment retailer Game said a third party has shown interest in providing additional funding in the business.
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NewsHMV Live grabs attention of O2 owner
The owner of the O2 arena, AEG, is bidding to acquire HMV’s live music business for about £65m.
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NewsHMV set to benefit as Game struggles
HMV is set to benefit from problems at Game as the latter fights for survival.
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NewsChannel Islands bid to preserve VAT loophole
Lawyers for the Channel Islands are heading to the high court this week in a last-gasp attempt to preserve the VAT loophole which exists in the region.