All Entertainment articles – Page 47
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AnalysisAnalysis: HMV set for a difficult new year
HMV today revealed in its first half update that a less than bumper Christmas trading period so far will make it “probable” that it will breach its banking covenants in January and April.
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NewsHMV warns over covenants despite narrowing first-half losses
HMV has warned it might breach its banking covenants despite narrowing losses and improved like-for-like sales in the first half.
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Barnes & Noble reports revenue decrease
Bookseller Barnes & Noble reported revenue fell 0.4% to $1.9bn (£1.18bn) in its second quarter to October 27.The retailer recorded a net profit of $2m (£1.2m) against a net loss of $7m (£4.4m) in the same period last year.Retail sales from Barnes & Noble stores and BN.com fell 3% to ...
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NewsHMV sells Mama Group as it edges closer to disposal of HMV Live
Struggling entertainment retailer HMV has sold its live music business Mama Group for a net cash consideration of £7.3m.
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NewsAmazon reveals UK sales figures after Government grilling
Amazon has revealed its UK sales and profits figures for the first time after being ordered to be more transparent by the Government.
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NewsWHSmith poised to open in Russia
WHSmith is to open stores in Russia as part of an international expansion strategy.
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AnalysisAnalysis: Where next for the books market?
The growth of ereaders and etail means bricks-and-mortar books retailing has been hit hard. Rebecca Thomson looks at how booksellers can survive and how the market is likely to evolve.
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GameStop to close 200 stores
Entertainment retailer GameStop has told investors it plans to close 200 of its less profitable stores over the next year.Chief executive Paul Raines explained that around 2% of GameStop’s US stores and 5% of its international stores are unprofitable at present. The retailer posted better-than-expected results for its third quarter ...
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NewsWaterstones eyes overseas expansion
Waterstones is eyeing international expansion as its turnaround progresses.
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NewsAsda looks to buy its way into digital entertainment
Asda is mulling a digital entertainment acquisition as the battle in that market intensifies.
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NewsWHSmith like-for-likes dip 4%
WHSmith like-for-likes dropped 4% in the first 10 weeks of its financial year.
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NewsFoyles opens pop-up store at Central Saint Martins College
Foyles has opened a pop-up shop at Central Saint Martins College in London.
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AnalysisInternational analysis: Fnac tie-up with iTunes would be sign of the times
French entertainment retailer Fnac is to stop offering MP3 music downloads through its Fnac.com website and will instead sell via Apple’s iTunes platform, it has been reported.
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NewsAmazon collection lockers launch in convenience chain McColl's
Amazon has started to introduce its collection lockers into Martin McColl, the UK’s large independent convenience store chain.
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NewsSainsbury's grabs entertainment share from rivals
Sainsbury’s has taken market share from Tesco, Asda, Game and HMV in entertainment after investing in the category.
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AnalysisAnalysis: Leading the way online
Standing still is not an option for retailers with online ambitions, as the pace of digital development offers increasingly lucrative opportunities.
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OpinionComment: The legalities of HMV's dresscode controversy
Music stores like HMV have long been considered bastions of individuality, staffed by individuals who are encouraged to show their distinct personalities.
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NewsHMV criticised over tattoo ban
Staff at entertainment retailer HMV are up in arms after a new policy bans them from displaying tattoos and having long hair.
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Amazon in acquisition talks with bookseller Saraiva
Amazon is in acquisition talks with Brazilian bookseller Saraiva, according to sources.Saraiva is based in São Paulo and sells through stores and online. It is thought Amazon could leverage the deal to establish itself in the fast-growing Brazilian ecommerce market.Amazon declined to comment.
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NewsIn pictures: Waterstones launches Kindle advertising
Bookseller Waterstones is launching an advertising campaign for Amazon’s Kindle device.