Tue, 29/01/2008 - 08:00
The Daily Telegraph's "Stockbrokers' tips" column recommends HMV to buy, quoting a Deutsche Bank recommendation.
According to the bank, despite the gloom on the high street, the retailer bucked the trend of disappointing Christmas performances with a 12% like-for-like sales gain at HMV UK and a 3.3% increase...
Fri, 18/01/2008 - 06:00
Over 1,200 store managers and back-office staff at Waterstone's and HMV are due to receive a bonus of up to £5,000 after the book and music chains reported better-than-expected Christmas trading figures, reveals the Telegraph.
As a result of the performance, UK store managers, supervisors and head office staff will share a...
Thu, 17/01/2008 - 16:02
Shares in the HMV Group rose by 4% today after its retail chains Waterstone's and HMV reported better than expected Christmas trading figures. The share price, which at one point was up by more than 15%, rose to 105p, after reaching a new 52-week low just yesterday. Both HMV and Waterstone's recorded strong Christmas trading to the...
Thu, 10/01/2008 - 08:48
Chain booksellers enjoyed a positive Christmas despite increasing concerns about the rest of the high street, according to a Christmas trading survey conducted by The Bookseller. Although HMV and W H Smith have yet to issue their Christmas trading statements, Blackwell said that it increased its sales, while Borders recorded a "...
Mon, 10/12/2007 - 06:49
HMV is the last man standing after an annus horribilis for the UK's traditional "high street" record, DVD and book stores, reports the Telegraph. The chain is now pinning its hopes on computer gamers and has unveiled the latest stage of its transformation from "just a record store" to an all-singing-all-dancing ...
Mon, 10/12/2007 - 06:10
All eyes will be on beleaguered music chain HMV when it reveals its half-year results on Wednesday, reports the Scotsman. The group said in September it was entering the key Christmas trading period in "good operational shape", having overhauled its strategy and store format.
The Waterstone's owner will also be in the...
Thu, 13/09/2007 - 07:22
The music and film chain's first "Next Generation Store" opened in the West Midlands Merry Hill shopping centre in Dudley last week and yesterday Tunbridge Wells got its own smaller version, reports the Guardian. HMV chief executive Simon Fox was on hand to show reporters Dudley HMV, Lovejuice smoothie in hand.
Wed, 29/08/2007 - 08:23
HMV has said that it is unlikely to open a branch of the collapsed retail chain Fopp in London after failing to come to an agreement with the landlords of Fopp's Covent Garden branch. HMV bought seven stores from the administrators of Fopp earlier this month.
However, it has failed to reach an agreement with the landlord of the...
Thu, 23/08/2007 - 07:12
Fopp, the music retail store which ceased trading in June, is to reopen two branches this weekend, reports the Scotsman.
The stores in Union Street, Glasgow, and Rose Street, Edinburgh, will trade under the Fopp banner. They will be joined by a third Fopp store in Glasgow - the original Fopp in Byres Road - which is due to reopen later...
Wed, 15/08/2007 - 13:11
HMV has bought another store from the adminstrators of collapsed retail chain Fopp. The Byres Road, Glasgow branch is the seventh store that HMV has taken over since Fopp went into administration in June. The others, which HMV expects to begin trading by the end of August, are Cambridge, Edinburgh, Glasgow, London’s Covent Garden,...