All HMV articles – Page 22
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NewsGloomy outlook as retail takes a bad turn
Primark’s unsettling update and a profit warning from HMV put the frighteners on retail sector investors and general stores were sharply down against a flat market.
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NewsHMV warns on profits
Entertainment group HMV has issued a profit warning after continued tough trading.
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NewsHMV to close Brent Cross store
Struggling music chain HMV is to close one of its most high profile stores at Brent Cross shopping centre in London.
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NewsPortfolio shake-up and sharper promotions planned at Thorntons
Thorntons’ new chief executive Jonathan Hart has begun a strategic review of the chocolatier that will reshape its property portfolio and emphasise its “uniqueness”.
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NewsJJB troubles highlight sector-wide problems
General stores once again lagged the All-Share index as the sector’s problems were put centre stage by JJB’s plans for a second CVA.
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NewsHMV enjoys sales uplift after last night's Brits
HMV has enjoyed a boost in sales on the back of the Brit Awards last night, with sales of one winner’s album soaring 594% compared with the same day last week.
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NewsGeneral stores boosted by January sales rise
A January sales fillip, takeover talk and musical chairs in the boardroom helped buoy up general retailers over the week and they outperformed the All-share index.
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OpinionDuplication isn't what you need
HMV’s announcement last month that it is closing 60 stores is a sensible response to the company’s problems.
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NewsHMV investor Mamut mulling shake-up of business
HMV shareholder Alexander Mamut, the Russian oligarch who has been building up his stake in the business, has appointed Credit Suisse to advise him on options for the embattled retailer.
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OpinionInvestors see value in retail’s ugly ducklings
The City tends to see things in a very black and white way. And if the stock market continues to price established businesses at levels that assume they won’t exist much longer, then eventually someone else is going to see opportunity in them.
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NewsBuyers size up HMV
Entertainment retailer back on private equity’s radar after poor trading raises prospect of a break-up
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NewsWaterstone's to close 11 shops
Waterstone’s will close 11 stores as part of parent HMV’s plan to shed 60 stores across the group this year.
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NewsHMV begins closing stores
HMV has shut nine shops as part of its plans to close 60 across the group as it seeks to cut costs.
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OpinionScottish government has it wrong on retail
You might expect that politicians would be thankful that retailers are creating jobs and prosperity, but there’s one part of the UK where the government seems hell-bent on an anti-big business agenda.
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AnalysisChristmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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OpinionBanks are on board – for now
The extent of new lending by the banks continues to preoccupy politicians but for some hard-pressed retailers existing borrowing is front of mind.
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NewsHMV shareholder backs management
One of HMV’s largest shareholders has defended the management of the embattled entertainment retailer after a difficult month of profit warnings and reduction of credit insurance.
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NewsCredit insurers vow not to pull plug on retailers
Insurers insist there won’t be a repeat of the withdrawal of cover despite HMV’s woes
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NewsBoots to upgrade its Treat Street website
Boots UK is to update its technology and ramp up marketing plans for its Treat Street online operation, which allows its customers to collect Advantage Card points when shopping at other retailers.
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NewsLeading record companies lend backing to HMV
The chiefs of seven leading record companies have come out in support of HMV, saying that they are continuing to supply the retailer as normal and praising the unique role it plays in supporting the music industry in the UK.