All Entertainment articles – Page 82
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NewsRetailers confident of improving Christmas trade
Retailers are confident that this Christmas will be no worse than last year, according to British Retail Consortium figures.
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NewsApple buys digital streaming service Lala
Apple is set to enter the growing world of music streaming by acquiring digital streaming service Lala.
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NewsTesco launches iPhone with £20 monthly contract
Tesco is to sell the Apple iPhone with a £20 monthly contract in time for Christmas, in a move that could spark a price war on the high street.
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NewsHMV confident about Christmas as losses narrow
Entertainment retailer HMV made a first half pre-tax loss of £24.9m, compared with £27.5m last year, after a “weak” performance at Waterstone’s.
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AnalysisGerry Johnson is determined to ensure that Waterstone's has a future
Waterstone’s affable managing director has had a hard time but is dedicated to ensuring that high street bookselling’s ‘last man standing’ has a future. Nicola Harrison profiles him.
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NewsGame sales dive despite share growth claims
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsGame shares battered as like-for-likes crash
Disappointing BRC sales figures for November led to general retail shares underperforming the overall market, although the grocers did better. Like-for-likes were up just 1.8% over the month, hit by mild weather affecting clothing sales and falling food price inflation.
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NewsPaperchase eyes 200 stores despite Borders collapse
Paperchase has insisted it will remain largely unaffected by the administration of Borders UK despite operating 38 concessions in the collapsed chain.
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NewsHMV considering bid for Mama Group
HMV could make a bid for its live-music partner Mama Group, which is currently the subject of a takeover bid from its largest investor.
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News‘Son of Zavvi’ Head Entertainment starts closing down Sales
Head, the entertainment chain set up by the boss of defunct music retailer Zavvi, is understood to be closing its four stores less than a year after opening.
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NewsGame like-for-likes drop 15.1%
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsWaterstone’s challenges not over
The collapse of Borders UK won’t have surprised many market watchers. Specialist booksellers have been having a tough time for years – firstly hit by the bargain basement prices offered by the supermarkets, then the rise of online giants such as Amazon. Borders didn’t help itself either, but its collapse ...
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NewsSuitors eye Borders stores as break-up fears escalate
Major high street retailers are circling Borders UK stores as fears mount that the business will be broken up.
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News
Barnes & Noble and Borders report quarterly figures
Bookstore operators Barnes & Noble and Borders have both reported quarterly figures.Sales at Barnes & Noble stores fell 2% to $950m (£582m) in its second quarter, while its online sales climbed 9%.At Borders, sales dropped 12.7% in its third quarter to $595.5m (£365m), with like-for-likes down 12.1% and 7.2% at ...
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NewsBorders makes majority of head office staff redundant
Borders UK has made the vast majority of its head office staff redundant following its collapse into administration on Thursday.
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NewsBorders begins ‘closing down’ Sales while interested buyers circle
Borders has commenced ‘closing down’ Sales in all its stores as interested parties circle the business.
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NewsTV sales help John Lewis reach record pre-Christmas sales
Soaring TV sales helped John Lewis reach its record week in the run up to Christmas with sales up 22% on last year to £91.8m.
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NewsEtailers preparing for Christmas sales rush
Online retailers are hoping for one of their busiest days today with growing numbers of shoppers looking online for their Christmas presents.
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OpinionWoolworths stood still for far too long
Woolies didn’t need the big central infrastructure and West End head office, nor did it need shops in expensive prime locations or grand multichannel plans. Its future lay in being the biggest store in the smallest towns.
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News
GameStop reports third-quarter total company sales up 8.2%
GameStop has reported third-quarter total company sales up 8.2% to $1.83bn (£1.12bn).New software sales rose 9.4%, while used product sales increased 19.4%, on top of the 19.3% increase in the third quarter of 2008. Like-for-like sales decreased 7.8%, attributable primarily to a decline in new video game hardware sales.