All Entertainment articles – Page 55
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NewsLandlords slam "underhand practice” of pre-pack administrations
Landlords have slammed the “growing underhand practice” of insolvency practices such as pre-pack administrations that they say siphons “tens of millions of pounds out of pensioners’ savings into the pockets of private investors profiting from retail failure”.
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AnalysisAnalysis: WHSmith gets interesting with Kobo drive
It’s not often that WHSmith takes you by surprise. Year in year out, group chief executive Kate Swann’s story has been about maintaining a usually healthy overall profit by running an exceptionally tight ship. But alongside today’s financials came an announcement that shows intriguing multichannel innovation from a retailer not renowned for creative thinking.
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Amazon acquires James Bond US book rights
Amazon has bought the rights to produce James Bond novels in North America as the online giant takes a step closer to becoming a publisher.
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NewsWHSmith records 3% profit rise as like-for-likes slip
WHSmith recorded a 3% rise in trading profits to £74m but like-for-like sales fell 5%.
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Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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OpinionWill wifi in shopping centres kill physical retail?
Shopping centre owner Land Securities’ new wifi initiative, revealed last week, seemed like a controversial move on first sight.
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NewsGame's Iberian business taken over by OpCapita
OpCapita, the new owner of Game’s UK stores, has taken control of the retailer’s Iberian business from administrators PwC.
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AnalysisProfile: Martyn Gibbs, Game chief executive
Parachuted back into Game under new owner OpCapita, the keen gamer will lead a quest for its turnaround.
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NewsRough Trade to expand overseas with New York store
Famous record store Rough Trade is to open its first overseas store in New York in the autumn.
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Michaels Stores seeks expansion
Arts and crafts retailer Michaels Stores aims to raise $500m (£320m) in an initial public offering.Using cash raised, the retailer sees the potential for 1,500 stores in North America, including new formats for smaller and urban markets. Michaels also said that it will specifically target Hispanic customers with classes in ...
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OpinionHigh street still in clear and present danger
Momentum is the lifeblood of successful change. And, the more I reread the Government’s response to the Portas review, the more I’m convinced it has failed to harness the spirit and passion behind the Queen of Shops’ initial intentions.
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OpinionMoss Bros tailored for success
The demise of Game raised questions about the outlook for specialist retailers as online competition and the incursion of the grocers into general merchandise categories continues.
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NewsOpCapita to focus on re-engaging Game suppliers and staff
Game’s new owners are to focus on re-engaging suppliers and staff after a turbulent few months that led to the specialist collapsing last week.
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NewsOlympic night time deliveries given green light
Retailers in London will be able to make and receive night time deliveries during Games time, Transport for London (TfL) has confirmed.
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NewsGame's UK stores acquired by OpCapita
Game will remain on British high streets after Comet-owner OpCapita acquired all of the games retailer’s remaining stores out of administration over the weekend.
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NewsSony Music among bidders for HMV Live
Sony Music Entertainment has emerged as one of the parties vying to buy the live music division of entertainment retailer HMV.
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NewsGovernment criticised for lack of ambition on Portas Review
The British Retail Consortium has slammed the Government for “its lack of bold vision” in executing Mary Portas’ plan to revitalise British high streets.
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Decrease in net sales for computer games retailer GameStop
Computer games retailer GameStop’s net sales fell 3% to $3.58bn (£2.25bn) for the fourth quarter ended January 28. Net income dropped to $174.7m (£109.6m) from $237.8m (£149.2m) a year earlier due to significant charges and lower sales. Like-for-like sales fell 3.6%. The retailer said it expected its 2012 results to ...
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NewsGovernment launches Portas Plus plans to rescue failing high streets
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review.
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OpinionGame must bridge the trust gap to power up
The immediate aftermath of Game’s collapse into administration – 2,000 jobs slashed and 277 stores closed – makes it the most significant failure of a listed retailer since Woolworths.