All Entertainment articles – Page 75
-
NewsGame eyes opportunities despite £18.8m loss
Game recorded a worse than expected first-half loss but new chief executive Ian Shepherd said there were “clear opportunities” when the market bounces back.
-
News
Blockbuster files for bankruptcy
Blockbuster in the US has filed for Chapter 11 bankruptcy protection after mounting losses, rising debt and stiff competition from retailers that have better catered to consumers’ evolving media habits.Blockbuster said business would continue as usual at its 3,000 US stores, but added it would evaluate the profitability of its ...
-
OpinionAmazon alert
Amazon has launched the beta version of its ‘Kindle for the Web’ tool this week, allowing customers to try e-books before they buy, and showing the true power of the web.
-
NewsGame profits and sales slump
Game has reported a pre-tax loss of £18.8m in its first half, against a profit of £14.5m in the same period last year, while revenue also slumped.
-
NewsBlockbuster to sell electricals
Blockbuster UK is to start selling mobile phones, iPods and TV sets alongside the selling and renting of DVDs and games.
-
NewsFoyles profits rocket
Bookseller Foyles has experienced a surge in profits in the year to June 30.
-
NewsBlockbuster files for bankruptcy in the US
Updated: US film and games rental chain Blockbuster has filed for bankruptcy protection as it strives to cut its debts and ensure the survival of the business.
-
NewsAmazon in bid for Lovefilm
Amazon is understood to have made a takeover offer for online movie rental firm Lovefilm, valuing the business at close to £200m.
-
NewsHMV hopes Christmas will halt sales plunge
HMV anticipates a good Christmas despite like-for-likes at its eponymous entertainment chain plunging 14.9% in the first quarter.
-
NewsPotential buyers sit tight as Blockbuster awaits its fate
Uncertainty dogs up-for-sale DVD firm’s Christmas prospects as US parent mulls bankruptcy
-
NewsGameStop prepares UK online assault with transactional launch
The world’s biggest games retailer GameStop is preparing to launch an online assault on the UK market in time for Christmas.
-
NewsGadget Shop acquisition suggests online strategy shift at WHSmith
WHSmith has bought gift and gadget brand the Gadget Shop from toy retailer The Entertainer in a move analysts believe could point to a wider shift in the stationer’s online strategy.
-
NewsWorld Cup hits sales at HMV
Entertainment group HMV suffered a 14.9% like-for-like sales plunge at its eponymous UK business as the World Cup hit performance.
-
NewsBlackwell to shut HQ and hand power to stores
Academic books retailer Blackwell is closing its head office and decentralising power to its individual stores as it creates a new ownership structure.
-
News
M.Video H1 sales up 7%
Consumer electronics chain M.Video’s retail sales increased almost 7% to RUB41bn (£866m) for the first half of 2010.M.Video’s net profit more than doubled to RUB518m (£10.9m).The increase in net profit is due to lower financing costs during 2010. President and chief executive Alexander Tynkovan said: “Customers are feeling more positive ...
-
News
US Borders Q2 like-for-likes down 6.8%
Bookseller Borders has reported results for its second quarter ended July 31, 2010. Second-quarter sales were $526.1m (£340.4m), down 11.5% compared with the same period a year ago, with like-for-like sales slumping 6.8%. Borders.com sales rocketed 56.2% year on year, up to $15.5m (£10m).The company generated a loss from continuing ...
-
NewsWaterstone's founder linked to buy-back deal
Waterstone’s founder Tim Waterstone is considering a £100m-plus bid to buy the book chain from its parent HMV if it fails to turn the business around by the end of the year.
-
NewsTesco to launch Nadine Coyle's debut solo album
Tesco has secured the exclusive launch of pop star Nadine Coyle’s debut solo album.
-
NewsTesco ramps up promotional music campaign
Tesco is to ramp up the promotional campaign behind its exclusive Faithless album with a £100,000 push to put CDs into 420 of its petrol stations for the first time.
-
NewsHMV broadens range with fashion brands offer
Entertainment group HMV is expanding its fledgling fashion offer with the introduction of a raft of big-name brands next week.