All Entertainment articles – Page 72
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NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
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NewsHMV begins staff consultation across group
HMV and Waterstone’s head office staff are in consultation as parent HMV Group strives to make cost savings across the business.
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.
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NewsA tough start to the year for retail shares
General retail stocks began the year in deep freeze as the reporting season got under way.
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NewsHMV backtracks on fashion after grim trading
Embattled HMV is scaling back its fashion ambitions and has not ruled out closing more stores after a disastrous Christmas.
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OpinionNext offers lessons for a difficult 2011
The shape of things to come for retailers in 2011 was evident in this week’s updates from Next and HMV.
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News
Netflix on the look-out for new international markets after success in Canada
Online streaming site Netflix said it was pleased with the results of its recent market entry into Canada and was looking at new international markets for 2011. Spokesman Steve Swasey declined to reveal how many subscribers had signed up in Canada, but said: “After a short period in Canada we’re ...
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News
Sears to launch movie download service
Department store group Sears has unveiled plans to launch a movie download service at its eponymous and Kmart stores. The service, called Alphaline Entertainment, would be available to users on a variety of devices, including mobile, and will offer customers the ability to download movies and TV shows the same ...
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NewsRough Trade festive sales up 5%
Iconic music retailer Rough Trade has revealed a strong Christmas performance and remains confident for 2011.
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NewsHMV to shut 60 stores as it issues profit warning
HMV has outlined plans to shut 60 of its HMV and Waterstone’s stores in the next 12 months as sales have continued to fall over the Christmas trading period and the retailer warned on profits.
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NewsITV man to be HMV FD
HMV Group has appointed David Wolffe, the finance director of ITV Studios, as its new finance director
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NewsSnow fears unjustified, broker Arden argues
Concerns about the impact of snow on retailers’ Christmas performance look overdone, Arden analyst Nick Bubb believes.
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NewsDixons, Home Retail and HMV among most at risk from snow disruption
Electricals group Dixons, Argos-owner Home Retail Group and entertainment specialist HMV are among the retailers most likely to be affected by snow and icy conditions broker Numis believes.
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NewsCounterfeit goods harder to spot as criminals ramp up prices of fakes
Counterfeit items are becoming more difficult to spot and London is awash with expensive fakes according to accountants KPMG.
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NewsWHSmith group marketing director Richard Cristofoli poached by Debenhams
WHSmith group marketing director Richard Cristofoli is to leave the stationer and bookseller next year to become Debenhams marketing director, Retail Week has learned.
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NewsThree quarters of digital music tracks downloaded illegally
Three quarters of music tracks downloaded this year were done so illegally.
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AnalysisIn need of specialist treatment
Across games, music, sport and electricals, specialist retailers are suffering, but what is the diagnosis and can they be brought back to health, asks Nicola Harrison
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OpinionRetailers need a thaw for a happy Christmas
Retailers are in the habit of blaming the weather when things don’t go to plan, but this Christmas it’s a genuine excuse.
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GalleryThe very best stores of 2010
Despite the tough economic climate, both overseas and homegrown retailers haven’t held back on innovative store designs.