All HMV articles – Page 21
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NewsHMV nears Canada sale but Waterstone's talks stall
Struggling entertainment retailer HMV is close to selling its Canadian arm but negotiations to sell its book chain Waterstone’s have stalled.
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AnalysisReasons to be cheerful
The bank holiday festivities are over and it is back to the grind of tough trading and ferocious competition. But it’s not all doom and gloom for the industry. Here we highlight why there is plenty of reason for optimism…
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AnalysisEntertainment shift puts Amazon and Netflix top
The shifts in the way we purchase and consume entertainment products was again thrown into stark relief as upbeat quarterly results from Amazon and Netflix contrasted cruelly with stories of investors picking over Blockbuster and HMV.
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AnalysisWhat's big in 2011?
What is the state of UK retail in early 2011? That’s what Retail Week sought to find out with Retail 2011, the authoritative analysis of UK retail today. In this extract from the report, we look at the key themes that emerge.
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NewsWaterstone's: no deal this week, no year-end deadline
Any deal to sell Waterstones to Russian billionaire Alexander Mamut is unlikely this week, and could be several weeks off, according to sources familiar with the situation.
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NewsMamut close to cut-price Waterstone's deal
Russian oligarch Alexander Mamut is poised to bid £35m for Waterstone’s, half what its troubled owner HMV Group had hoped for.
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NewsPressure to sell Waterstone's mounts as HMV's value plummets
Pressure is mounting for HMV to hasten the sale of Waterstone’s as the value of the entire group fell below its asking price for the book chain.
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AnalysisCan you crack America?
It is the world’s largest retail market, but UK store chains struggle in the US. With international expansion a boardroom priority, Charlotte Hardie considers the traps retailers should avoid to succeed in America.
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NewsAnalyst warns HMV faces profit wipeout
Embattled entertainment retailer HMV may not make a profit in its next financial year, according to Arden Partners analyst Nick Bubb.
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NewsRecord companies relax terms to help HMV cashflows
HMV suppliers are set to agree to slash upfront payments for CDs to help boost the troubled retailer’s cashflows as the possibility of pulling off a rights issue fades.
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NewsHMV ‘must shut more shops to survive’
HMV needs to close more stores to ensure its survival following a third profit warning this year, according to analysts.
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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.