All HMV articles – Page 21
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NewsMamut close to cut-price Waterstone's deal
Russian oligarch Alexander Mamut is poised to bid £35m for Waterstone’s, half what its troubled owner HMV Group had hoped for.
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NewsPressure to sell Waterstone's mounts as HMV's value plummets
Pressure is mounting for HMV to hasten the sale of Waterstone’s as the value of the entire group fell below its asking price for the book chain.
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AnalysisCan you crack America?
It is the world’s largest retail market, but UK store chains struggle in the US. With international expansion a boardroom priority, Charlotte Hardie considers the traps retailers should avoid to succeed in America.
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NewsAnalyst warns HMV faces profit wipeout
Embattled entertainment retailer HMV may not make a profit in its next financial year, according to Arden Partners analyst Nick Bubb.
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NewsRecord companies relax terms to help HMV cashflows
HMV suppliers are set to agree to slash upfront payments for CDs to help boost the troubled retailer’s cashflows as the possibility of pulling off a rights issue fades.
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NewsHMV ‘must shut more shops to survive’
HMV needs to close more stores to ensure its survival following a third profit warning this year, according to analysts.
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News
Bad news hammers store stocks yet again
General retail stocks had a poor week as a raft of bad news from non-food retailers brought home just how tough trading is.
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NewsTime Out owner mulls offer for HMV Live
HMV’s live venue business is being eyed by the founder of Oakley Capital, which has a stake in Time Out magazine.
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NewsHMV gives Mamut 15 days to secure Waterstone's deal
Russian Oligarch and HMV shareholder Alexander Mamut has been given just 15 days to agree a deal to buy HMV’s bookselling business, Waterstone’s.
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NewsHMV issues another profit warning
Beleaguered entertainment and book retailer HMV has issued its third profit warning this year, but its lenders have extended the period over which its banking covenants will be tested by two months.
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AnalysisRunning up the down escalator
Retailers are in unknown territory, but it is areas such as cost-cutting and multichannel that will mark out the winners. Nicola Harrison reports
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NewsStore stocks up ahead of Dixons profit alert
Despite bearish comments from Next boss Simon Wolfson, general stores outperformed the market over the week - but that was ahead of a profit warning from electricals giant Dixons.
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NewsHMV in 'exclusive talks' with Tim Waterstone and Mamut
HMV has entered exclusive talks with Tim Waterstone and HMV shareholder Alexander Mamut about a possible sale of Waterstone’s, it is understood.
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NewsHMV confirms it is mulling sale of Waterstone's and Canada business
HMV has confirmed it is mulling the sale of Waterstone’s as well as its Canadian business as part of its turnaround strategy.
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AnalysisWinning in tough times
This year’s Retail Week Conference showed how creatively UK retailers are tackling tough trading conditions. Charlotte Hardie and Rebecca Thomson report on the highlights.
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NewsRetailers weigh up impact of Channel Islands VAT changes
Chancellor hopes tackling Low Value Consignment Relief will help struggling entertainment stores
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NewsStore share prices hold up as updates begin
Food giant Sainsbury’s was among a raft of big names to report over the week, when general retailers held their own against the market.
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NewsHMV hires Comet's Ewan Pinder as head of technology
HMV has appointed Comet head of merchandising and store development Ewan Pinder as its head of technology.
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NewsHMV to present rescue plan to banks this week
HMV is to meet with banks this week to outline a rescue plan that could include a sale of its book chain Waterstone’s.