All Entertainment articles – Page 77
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News
M.Video H1 sales up 7%
Consumer electronics chain M.Video’s retail sales increased almost 7% to RUB41bn (£866m) for the first half of 2010.M.Video’s net profit more than doubled to RUB518m (£10.9m).The increase in net profit is due to lower financing costs during 2010. President and chief executive Alexander Tynkovan said: “Customers are feeling more positive ...
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News
US Borders Q2 like-for-likes down 6.8%
Bookseller Borders has reported results for its second quarter ended July 31, 2010. Second-quarter sales were $526.1m (£340.4m), down 11.5% compared with the same period a year ago, with like-for-like sales slumping 6.8%. Borders.com sales rocketed 56.2% year on year, up to $15.5m (£10m).The company generated a loss from continuing ...
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NewsWaterstone's founder linked to buy-back deal
Waterstone’s founder Tim Waterstone is considering a £100m-plus bid to buy the book chain from its parent HMV if it fails to turn the business around by the end of the year.
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NewsTesco to launch Nadine Coyle's debut solo album
Tesco has secured the exclusive launch of pop star Nadine Coyle’s debut solo album.
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NewsTesco ramps up promotional music campaign
Tesco is to ramp up the promotional campaign behind its exclusive Faithless album with a £100,000 push to put CDs into 420 of its petrol stations for the first time.
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AnalysisBrands: If at first you don’t succeed, try, try, try again
Joining the ranks of high street failures such as Zavvi and Woolworths, high-profile retail casualty of the recession MFI is being resurrected as an online brand. But can failed or struggling brands successfully put their tattered reputations behind them and regain trust
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NewsHMV broadens range with fashion brands offer
Entertainment group HMV is expanding its fledgling fashion offer with the introduction of a raft of big-name brands next week.
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NewsWaterstone's to open food outlets in two stores
Bookseller Waterstone’s has confirmed it will next week open a restaurant and bar in its Deansgate branch in Manchester, as well as a new café in its Cambridge shop.
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NewsBook Depository sales up as it targets overseas
Online bookseller The Book Depository’s revenue soared 20% to £74.2m in the year to June 30 as the etailer focused on overseas territories.
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NewsWaterstone’s shop-in-shop a first for Fopp
HMV-owned music chain Fopp opened its first shop in Waterstone’s in the book chain’s Gower Street store in London on Saturday.
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News
CVS to roll out Redbox DVD rental kiosks
Drugstore operator CVS will roll out Coinstar’s automated Redbox DVD rental kiosks at locations across its mainland US, Puerto Rico and Longs Drug outlets in Hawaii. The roll-out, which follows a successful pilot programme, will start this quarter with about 700 installations by the end of this year and is ...
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News
Barnes & Noble considers sale
Barnes & Noble’s board of directors is to consider selling the company as part of an evaluation of strategies to increase stockholder value. The board believes the retailer’s shares are significantly undervalued.Evaluating strategic alternatives will be overseen by a committee of four independent directors who will make recommendations to the ...
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NewsHMV and Waterstone’s marketing departments merged
Entertainment retailer HMV has promoted marketing director Graham Sim to the newly created position of group marketing director as the retailer restructures its teams in order to deliver “significant synergies” between its HMV and Waterstone’s chains.
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NewsFopp opens store in Waterstone’s shop
HMV-owned music chain Fopp will open an outlet in Waterstone’s store on Gower Street, London.
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NewsThe Works focuses on expansion in the South amid sale speculation
Discount bookseller The Works will focus store expansion in the South of England as part of a plan to more than double its portfolio as its owners mull a sale next year.
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NewsApple previews Covent Garden store
Technology giant Apple has shown off its Covent Garden store, which opens to the public at 10am on Saturday.
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NewsAxed Waterstone’s boss takes home up to £494,000
Former Waterstone’s managing director Gerry Johnson could take home up to £494,000 in the year to April 24, despite being given the chop in January after a poor Christmas sales performance.
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NewsThe Works to be sold for £80m
The Works is set to be sold for about £80m after its owners implemented a quick turnaround of the discount bookseller.
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NewsFirebox managing director steps down
The managing director of online gift retailer Firebox, Christian Robinson is leaving the etailer after ten years at the helm of the business.