All Entertainment articles – Page 66
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News
French retailer Casino raises its stake in Brazil's largest retailer
French retailer Casino has raised its stake in Brazil’s largest retailer Companhia Brasileira de Distribuiçao to 37% after buying 3.3% of the company’s shares on the market. Companhia Brasileira de Distribuiçao is jointly controlled by Casino and the Diniz family through a 50:50 joint venture holding company called Wilkes. A ...
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AnalysisBusiness as usual, but faster
Retailers are adjusting to the new post-recession market, which means never allowing their businesses to stand still. By Joanna Perry
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NewsIn focus: Game
Despite enjoying an enviable position as the UK and Europe’s leading video games specialist, Game Group, subject of a Retail Week Knowledge Bank profile update, is suffering from falling sales and profits after both peaked in 2008/09.
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NewsCarphone Warehouse targets tablets in bid for market share
Carphone spies opportunity to ‘tether’ tablets to mobiles in bid to seize share in fast-growing market
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NewsArgos boosts multichannel offer with launch of live TV channel
Catalogue store group Argos aims to grab a slice of the £750m TV home shopping market following the launch of its own channel
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NewsGame sales decline prompts downgrades from analysts
Analysts slashed profit forecasts for Game this week as the retailer downgraded its revenue guidance in the face of a worse-than-expected decline in the games market
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NewsBookseller The Works seeks new MD
Discount bookseller The Works is on the hunt for a new managing director
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NewsGame shareholders revolt over pay
Shareholders in entertainment specialist Game staged a revolt against the retailer’s remuneration stance at yesterday’s AGM.
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NewsScottish retail sales worst since 1999
Scottish total retail sales declined 1.1% in May, making it the worst decline since the survey began in 1999.
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NewsGame sales decline prompts downgrades from analysts
Game group like-for-likes dropped 11.3% in the 19 weeks to June 11 as the retailer was hit by a worse than expected decline in the games market.
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NewsGame appoints new boss of UK and northern Europe
Game has hired Tom Devine as regional managing director of the UK and northern Europe.
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NewsFoyles to open in Westfield Stratford City
Bookseller Foyles is to open a store in Westfield Stratford City, bringing its branch count to seven.
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NewsBRC's Luke Mayhew to slam criticism of large retailers
The British Retail Consortium chairman Luke Mayhew will condemn criticism of successful multiple retailers as “ridiculous” in a speech today.
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News
Borders finds a potential bidder
Bookseller Borders has found a potential bidder in the form of Gores Group. The private equity firm has shown interest in acquiring 200 of Borders’ 405 stores. The deal would keep the bookstore chain operating as a going concern in the wake of it filing for chapter 11 bankruptcy in ...