All HMV articles – Page 10
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NewsHMV thrown lifeline as Hilco prepares £50m bid to acquire it
HMV has been thrown a lifeline after restructuring firm Hilco entered into talks to buy the business out of administration in a £50m deal.
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NewsHMV administrator Deloitte sells Asian stores to AID Partners
HMV administrator Deloitte has sold the collapsed entertainment retailer’s stores in Hong Kong and Singapore to AID Partners Capital.
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NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
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NewsMorrisons acquires former HMV stores in convenience drive
Morrisons has acquired six former HMV stores from the collapsed retailer’s administrator Deloitte as the grocer builds its convenience arm.
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NewsPoundstretcher eyes over 20 former Comet stores
Poundstretcher is in negotiations to acquire over 20 former stores of electricals retailer Comet, which disappeared from the high street last year.
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NewsFurther 37 HMV stores to close, 464 jobs in jeopardy
A further 37 HMV stores are set to close, putting 464 jobs on the line as administrator Deloitte restructures the business in advance of a possible sale.
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NewsGlobal star Sir Elton John sings his support for collapsed HMV chain
HMV has been backed by one of music’s biggest stars, Sir Elton John, as it emerged he plans to perform at one of the chain’s stores.
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NewsGrowth stunted as retail business costs rocket £20bn in seven years
The cost of running retail businesses has soared by £20bn since 2006, driven by centrally set costs such as business rates.
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NewsRetail administrations could lead to a sixth of stores lying empty
Retail administrations and the resulting store closures could lead to one in six stores on the high street lying empty this year, according to the Local Data Company
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OpinionComment: Deciding factors for survival? Specialisation and authority
The last few months seem to have been a tipping point in retail, with major casualties adding to the loss of jobs and the closure of hundreds more high street shops.
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NewsHMV administrator strikes deal to continue stocking new releases
HMV administrator Deloitte has struck a deal to continue to stock major new film, music and game releases.
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AnalysisAnalysis: Is the gift voucher dead and buried for retailers?
Consumer confidence in gift vouchers has taken a drubbing after a number of recent high-profile administrations. As fashion retailer Republic plunges into administration, Rebecca Thomson examines the implications for the gift card market.
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NewsHMV administrator Deloitte makes CEO Trevor Moore redundant
Former HMV chief executive Trevor Moore has been made redundant by the collapsed entertainment retailer’s administrator Deloitte after just six months in the role.
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NewsHMV administrator Deloitte makes 60 further head office job cuts
HMV’s administrator has made a further 60 redundancies at head office, bringing the total number of job cuts at the struggling entertainment retailer to 1,180.
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AnalysisAnalysis: What retail must learn from HMV’s Twitter meltdown
Social media can be a useful tool in building a retailer’s brand but HMV’s rogue tweets should be a wake-up call to those not yet fully engaged with the channel.
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NewsHMV to shut 66 loss-making stores
HMV’s administrator will close 66 stores over the next one to two months, putting 930 jobs on the line.
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NewsNightclub stake sale completes disposal of HMV Live business
HMV administrator Deloitte has sold the collapsed entertainment retailer’s share in its G-A-Y bars and Heaven nightclubs signalling the end of its live division.
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NewsMorrisons acquires Jessops stores as convenience arm expands
Morrisons has acquired seven Jessops stores in a bid to step up the expansion of its M Local convenience chain and fightback against its rivals Tesco and Sainsbury’s.
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NewsUp to 100 HMV shops face closure as axe falls on store staff
Up to 100 HMV stores are set to close when their stock is sold, administrators will tell staff of the collapsed retailer this week, pulling the plug on 1,500 jobs.
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OpinionComment: Lessons from HMV's Twitter debacle
If it wasn’t such a damning indictment of retailers’ understanding of social media, there would be a delicious irony to be enjoyed in Thursday’s decidedly cautionary tale told by HMV’s staff through its Twitter account.While HMV executives drafted cautiously worded emails to investors, innovation experts supplied us with endless post ...