Category: Retail
HMV offered lifeline as labels and studios slash DVD and CD prices
High street entertainment retailer HMV may be about to be offered a lifeline after entering administration last week. The chain, now in the hands of administrators Deloitte, may get a helping hand from Universal Music, Universal Studios, Warner Music, Warner…
Forget Blockbuster, HMV, Jessops – online sales soar thanks to mobile
It might be all grim on the high street given the recent failures of Blockbuster, HMV and Jessops but seemingly online sales continue to soar thanks to mobile and tablet devices. According to IMG Capgemini e-Retail Sales Index, online retail…
Blockbuster joins HMV, Jessops with administration woes – trade-in gift cards honoured
Blockbuster is the latest high-street chain to succumb to the ongoing financial recession, announcing that the video and game rental store is to enter administration. The store's fortunes had been on the decline for many years, struggling to make ends…
UPDATE: HMV no longer accepting gift cards
Following the announcement that high street retailer HMV are to go into administration, financial services firm Deloitte and HMV administrators have confirmed that HMV stores will no longer be accepting gift cards. Though shops remain open, vouchers can no longer…
HMV to go into administration
HMV is to go into administration, with 239 stores now facing closure and over 4,000 staff members facing unemployment. Following the closure of Jessops last week, HMV (an abbreviation of His Master's Voice), has struggled to match the strong competition…
Comet "Fire Sale" will follow administration news, gift cards accepted
Financially-stricken high street electronics retailer Comet will hold a stock-clearing "fire sale" following the news that the company has been put into administration. Items will be sold at "everything must go" prices, with £120 million worth of stock to go….
UPDATE: Comet to go into administration next week
Following on from our post earlier today highlighting high-street gadget retailer Comet's current financial woes, it's now been confirmed that the company will go into administration next week. As many as 240 shops could be set to close, with some…
Trouble at retailer Comet as administration looms
UK gadgets and electronics high street retailer is in serious financial trouble, a report published by the Telegraph reveals today. Owners OpCapita may be forced to put the chain into administration. In an ironic turn, OpCapita now face with Comet…
Exchange tweets for snacks at Special K Tweet Shop
Short on cash but dying for a snack? How about paying for a bite to eat by the tweet? That's the idea behind the Tweet Shop pop-up shop in London, a new standalone retail outlet for Special K cereal. The…
Tesco launch virtual supermarket at Gatwick airport
Tesco have launched a new supermarket shopping experience at Gatwick Airport, where shoppers can scan items before their flight, ready for a delivery when they return to home turf. The North Terminal at Gatwick airport now has ten terminals featuring…
