All HMV articles – Page 21
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News
Bad news hammers store stocks yet again
General retail stocks had a poor week as a raft of bad news from non-food retailers brought home just how tough trading is.
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NewsTime Out owner mulls offer for HMV Live
HMV’s live venue business is being eyed by the founder of Oakley Capital, which has a stake in Time Out magazine.
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NewsHMV gives Mamut 15 days to secure Waterstone's deal
Russian Oligarch and HMV shareholder Alexander Mamut has been given just 15 days to agree a deal to buy HMV’s bookselling business, Waterstone’s.
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NewsHMV issues another profit warning
Beleaguered entertainment and book retailer HMV has issued its third profit warning this year, but its lenders have extended the period over which its banking covenants will be tested by two months.
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AnalysisRunning up the down escalator
Retailers are in unknown territory, but it is areas such as cost-cutting and multichannel that will mark out the winners. Nicola Harrison reports
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NewsStore stocks up ahead of Dixons profit alert
Despite bearish comments from Next boss Simon Wolfson, general stores outperformed the market over the week - but that was ahead of a profit warning from electricals giant Dixons.
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NewsHMV in 'exclusive talks' with Tim Waterstone and Mamut
HMV has entered exclusive talks with Tim Waterstone and HMV shareholder Alexander Mamut about a possible sale of Waterstone’s, it is understood.
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NewsHMV confirms it is mulling sale of Waterstone's and Canada business
HMV has confirmed it is mulling the sale of Waterstone’s as well as its Canadian business as part of its turnaround strategy.
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AnalysisWinning in tough times
This year’s Retail Week Conference showed how creatively UK retailers are tackling tough trading conditions. Charlotte Hardie and Rebecca Thomson report on the highlights.
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NewsRetailers weigh up impact of Channel Islands VAT changes
Chancellor hopes tackling Low Value Consignment Relief will help struggling entertainment stores
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NewsStore share prices hold up as updates begin
Food giant Sainsbury’s was among a raft of big names to report over the week, when general retailers held their own against the market.
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NewsHMV hires Comet's Ewan Pinder as head of technology
HMV has appointed Comet head of merchandising and store development Ewan Pinder as its head of technology.
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NewsHMV to present rescue plan to banks this week
HMV is to meet with banks this week to outline a rescue plan that could include a sale of its book chain Waterstone’s.
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NewsHMV shares rise as boss Simon Fox remains upbeat
HMV shares surged yesterday after chief executive Simon Fox remained upbeat on the entertainment retailer’s future.
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OpinionIt’s time for a retail clean-up
When sales of scratchcards soar we know that consumer confidence has reached a particularly low ebb - or so the logic goes.
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NewsSimon Fox: HMV will retain its strong high street presence
HMV will still have a portfolio of hundreds of stores on the high street in five years, HMV CEO Simon Fox told delegates.
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AnalysisChannel Islands VAT rules
Big name retailers capitalising on the Channel Island VAT loophole is seen by some as an unfair advantage. Will George Osborne’s Budget change the status quo?
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NewsHMV to hold official UK launch of Nintendo 3DS
HMV has partnered with Nintendo to launch its new 3DS console in the UK.
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OpinionM&S machine cranks into gear
Marks & Spencer’s appointment of Inditex’s Russian boss Jan Heere as international director, and the poaching of Laura Wade-Gery from Tesco as ecommerce supremo, should benefit the retailer in subtle as well as obvious ways.
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NewsHMV expected to consider an emergency rights issue
Disposal of Waterstone’s also a possibility following fourth profit warning by parent since last autumn