All Entertainment articles – Page 94
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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News
Blackwell creates wholesale arm
Academic books retailer Blackwell is venturing into the wholesale arena with the launch of a new division to drive sales of its own-brand products.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Game exceeds expectations as it exploits collapse of rivals
Game expects to exceed profit expectations after strong Christmas trading.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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News
Electricals and toys bolster salesat Shop Direct
Electricals and toys lifted sales over Christmas at Shop Direct Group.
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News
HMV arrives on live music scene with venues deal
HMV is to enter the live music arena by buying a 50 per cent stake in a joint venture with venue operator MAMA Group.
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Opinion
Pre-pack abuse needs to end
Retailers face many injustices, some real, others perceived. But they don’t come much bigger than this. One of your biggest rivals – which has been in administration and then bought out – has a store on a major high street. And you’re paying their rent.
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News
HMV buys music venues and Zavvi stores
HMV has acquired 14 Zavvi stores and is to enter the live music market with the purchase of a 50 per cent stake in a joint venture with venue operator MAMA Group.
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News
Zavvi closes more stores
A further 18 Zavvi stores will close today, leading to 353 redundancies, as administrator Ernst & Young revealed no offers have been received to take on the whole portfolio.
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News
Game like-for-likes up, profits expected to exceed expectations
Game has revealed like-for-likes jumped 11.4 per cent in the UK and Ireland for the 50 weeks to January 10 and the games retailer expects profits for the year to be ahead of expectations.
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News
Foyles like-for-likes climb
Books chain Foyles has revealed its like-for-likes jumped 9 per cent in the year to June 30, 2008.