hmv reopens stores with new personal shopper services
Entertainment retailer hmv will begin to reopen its doors on 15 June with a series of measures to ensure it is COVID-secure for shoppers and in full compliance with Government guidelines.
HMV-owner buys 200 store-strong entertainment and pop culture retailer in US
Canadian business entrepreneur Doug Putman, owner of hmv in the UK and Sunrise Records in Canada has confirmed today that he has committed to acquire For Your Entertainment (FYE), the leading US entertainment retail and ecommerce business. FYE has over
hmv releases Christmas ad campaign with Lewis Capaldi … that didn’t go quite to plan
The UK’s leading high street entertainment retailer works alongside Lewis Capaldi to create a Christmas TV ad that aims to topple IKEA’s dinosaur and the John Lewis’ Partners Dragon from the Christmas advertising top-spot.
HMV revives brand with Birmingham launch of largest entertainment store in Europe
Retailer hmv will open the doors on its biggest store – and Europe’s largest music and entertainment space – in Birmingham on Friday 11 October. The hmv Vault is a 25,000sq ft space and marks the next step in the
Administrators conclude sale of 100 HMV stores to Sunrise Records
The joint administrators of HMV have confirmed the sale of the businesses and assets to Sunrise Records & Entertainment Limited, whose shareholder is Doug Putman, owner of Sunrise Records in Canada.
KPMG confirms appointment of administrators to HMV
At a hearing before a high court judge late this evening (28 December 2018), Will Wright, Neil Gostelow and David Pike from KPMG’s Restructuring practice were confirmed as joint administrators to HMV Retail Limited and HMV Ecommerce Limited, the entertainment retailer.
Consumer goods and retail sector think Europe offers M&A potential, study finds
Two-fifths (41%) of consumer goods and retail (CG&R) sector respondents to Clifford Chance’s European M&A: On the road to recovery? survey consider Europe to be a potential growth market that offers attractive M&A opportunities. Over a third (37%) of them say they
Retail administrations fall by nearly a third in first half of 2013, Deloitte reveals
The number of retailers falling into administration in the first half of 2013 fell by 30% to 87, compared with 124 in the same period last year, according to research by Deloitte, the business advisory firm. The outlook is showing
Blockbuster sale to restructuring specialist saves 264 stores and 2,000 jobs
Blockbuster has been sold by joint administrators, Deloitte, to restructuring specialist, Gordon Brothers Europe, for an undisclosed sum. Under the terms of the deal 264 stores will be retained along with around 2,000 jobs. The brand will be licensed from
Adoption of mobile will secure the future of UK retail, says Forrester’s Martin Gill
Mobile will evolve as the main platform for retailers over the next three years, according to Martin Gill, principal analyst in e-commerce and channel strategy at Forrester Research. Forrester reports 39% of UK mobile users now use their smart phone for
Social media policies are increasingly vital in the workplace, claims law firm
James Hall, associate at Charles Russell LLP, claims it is increasingly important for companies to have a comprehensive and up-to-date social media policy for employees Managing and controlling social media activity Social media has rapidly become a fact of life,
UK retail investment will remain robust despite weak economy, says Knight Frank
Retailer demand will continue to be driven primarily by the structural changes being brought about by the internet, while the sluggish economic outlook will dampen overall activity, according to the latest retail research by property firm, Knight Frank. Central London
Large business insolvencies fall but wholesale and retail failures rise, data shows
Insolvencies affecting larger businesses have fallen by 7.6% in 2012 compared to 2011 but wholesale and retail sectors have recorded a rise in corporate failures, according to the latest set of figures from the Insolvency Service for England and Wales.
LDC: December and January retail administrations and closures hit all-time high
Analysis by The Local Data Company of Stead & Simpson, Jessops, Comet, HMV and Blockbuster stores shows over 1,400 stores are at risk of closure (or have closed) creating some big holes on the high street. Key findings: 45.6% of
UK entertainment market to lose £300m if HMV shuts up shop, says Kantar
Kantar Worldpanel claims £300m will be wiped off the UK home entertainment market if HMV disappears entirely from the high street. Craig Armer, consumer analyst at Kantar Worldpanel, said: ““If HMV were to close completely, we expect the entertainment market
HMV: internet, technology, insolvency and real estate specialists have their say
Four retail specialists give Retail Times their views on why the high street music retailer, HMV, has become the latest in a succession of retailers to fall into trouble following a difficult trading period and the challenge from online stores,
Retail property market in north of England has investment potential, says law firm
Law firm Olswang reports its property team has been busy buying and selling shopping centres in cities across the north of England and has invested nearly half a billion pounds on behalf of its clients in the last 12 months.
Visa Europe invests in mobile payments with stake in Mobile Money Network
Visa Europe is taking a 15% stake in Mobile Money Network (MMN), which provides mobile commerce and payments services for retailers. The investment is said to form part of Visa Europe’s strategy to deliver increased value for consumers, retailers and
Retail Chinnwag: are virtual stores a fad or a first step towards unmanned stores?
In his regular column for Retail Times, Simon Chinn, lead consultant at retail research agency, Conlumino, reports on the seasonal opportunity for pop-up stores Throughout last year, QR codes – those little barcodes of black and white squares that you
Amazon overtakes HMV in first Kantar entertainment retail barometer
Amazon has overtaken HMV to become the UK’s number one home entertainment retailer for the first time, according to new figures from Kantar Worldpanel for the 12 weeks to 25 December 2011. They show Amazon has grown its share of
UK retailers fail to get best from email, finds benchmarking study
Top UK retailers are failing to get the best results from email by neglecting techniques like social media bookmarking links, personalisation and post-sales marketing, according to an annual benchmarking study by digital marketing agency dotMailer. Boots and Asos topped the
