All HMV articles – Page 11
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News
HMV administrator Deloitte makes 60 further head office job cuts
HMV’s administrator has made a further 60 redundancies at head office, bringing the total number of job cuts at the struggling entertainment retailer to 1,180.
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Analysis
Analysis: What retail must learn from HMV’s Twitter meltdown
Social media can be a useful tool in building a retailer’s brand but HMV’s rogue tweets should be a wake-up call to those not yet fully engaged with the channel.
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News
HMV to shut 66 loss-making stores
HMV’s administrator will close 66 stores over the next one to two months, putting 930 jobs on the line.
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News
Nightclub stake sale completes disposal of HMV Live business
HMV administrator Deloitte has sold the collapsed entertainment retailer’s share in its G-A-Y bars and Heaven nightclubs signalling the end of its live division.
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News
Morrisons acquires Jessops stores as convenience arm expands
Morrisons has acquired seven Jessops stores in a bid to step up the expansion of its M Local convenience chain and fightback against its rivals Tesco and Sainsbury’s.
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News
Up to 100 HMV shops face closure as axe falls on store staff
Up to 100 HMV stores are set to close when their stock is sold, administrators will tell staff of the collapsed retailer this week, pulling the plug on 1,500 jobs.
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Opinion
Comment: Lessons from HMV's Twitter debacle
If it wasn’t such a damning indictment of retailers’ understanding of social media, there would be a delicious irony to be enjoyed in Thursday’s decidedly cautionary tale told by HMV’s staff through its Twitter account.While HMV executives drafted cautiously worded emails to investors, innovation experts supplied us with endless post ...
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News
Jessops bought out of administration by Dragons' Den star Peter Jones
Collapsed camera specialist retailer Jessops has been bought out of administration by entrepreneur and Dragons’ Den star Peter Jones.
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Analysis
Analysis: What will the music stores of the future look like?
When HMV fell into administration, the future of record stores on many British high streets was thrown into question. How can retailers adapt to today’s entertainment consumers?
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Analysis
Analysis: The highs and lows of Christmas trading
The aftermath of the festive season brought drama, as a clutch of high street retailers collapsed. But how did the retail industry perform overall? Rebecca Thomson reports.
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News
HMV cuts 190 jobs at head office and distribution network
Job cuts have begun at collapsed retailer HMV’s head office as staff took to Twitter to reveal the “mass execution”.
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Opinion
Blog: Former Game boss Ian Shepherd on retail reinvention
I’ve shied away from commenting on the recent spate of retail administrations for a number of reasons.
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News
HMV: Deadline today for expressions of interest as job cuts loom
HMV administrator Deloitte has set a deadline of today for confirmation of expressions of interest in the collapsed entertainment retailer but a round of job cuts is expected by the end of the week.
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News
Paphitis eyes stores from collapsed retailers HMV, Jessops and Blockbuster
Theo Paphitis, owner of Ryman Group and star of Dragons’ Den, is in the running to take on former HMV, Jessops and Blockbuster stores.
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News
RBS chief defends two-year support for HMV before its collapse
Royal Bank of Scotland boss Derek Sach has defended the bank’s strategy to lend support to HMV, keeping it out of bankruptcy for two years, before it collapsed this month.
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News
Shopper support and discounts drive 45% like-for-like surge at HMV
HMV’s like-for-likes have surged since its collapse, rocketing 45% in recent days as shoppers took advantage of discounts and also showed support for the beleaguered entertainment retailer.
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Opinion
Comment: A refocus on music should have been a priority for HMV
In 2002, Beverley Knight released her signature single Shoulda Woulda Coulda. It reached number 10 in the charts, because back then record stores still sold singles.
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News
Footfall at HMV hits a high as its future hangs in the balance
Footfall at entertainment retailer HMV has surged in recent days as publicity about its potential closure sent shopper traffic to levels typically only seen at Christmas.
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Opinion
Comment: HMV should celebrate difference to become a destination again
This week’s suggestions that labels like Universal, Warner and Sony will join forces to “save” HMV don’t bode well for the brand’s long term viability.
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News
Amazon posts record entertainment market share as rivals eye HMV spend
Amazon outmuscled HMV in the run up to Christmas as it achieved a record market share, however the fight for the collapsed entertainment retailer’s share remains an “open ball game”, according to Kantar Worldpanel data.