Wednesday, August 15, 2018

Blockbuster acquired by Gordon Brothers Europe

Entertainment retailer Blockbuster has been bought out of administration by private equity firm Gordon Brothers Europe, it has been announced. Saving over 2,000 jobs,...

Hilco sole remaining bidder for HMV

Restructuring specialist Hilco is the sole remaining bidder for ailing entertainment retailer HMV, hoping to acquire the brand and a majority of its stores...

HMV and Blockbuster owed debts of £490m

Ailing retailers HMV and Blockbuster owed nearly £490 million in debt between them when they collapsed into administration at the start of the year,...

Asda in talks to acquire HMV

Supermarket Asda is in talks with HMV administrator Deloitte to potentially bid to buy the ailing business and save it from disappearing from the...

WHSmith re-enters entertainment market

Variety retailer WHSmith is clawing back its share of the entertainment sector following the collapse of HMV by re-establishing its CD and DVD ranges...

HMV Guernsey falls into administration

HMV Guernsey has fallen into administration, following its parent company and leaving the island without a record store, it has been announced. Entertainment retailer...

HMV owed taxman £20m ahead of collapse

Flailing entertainment retailer HMV owed tax in excess of £20 million when it collapsed into administration in January, according to new figures. Bankers to...

HMV in talks with Hilco for £50m acquisition

Entertainment retailer HMV is in talks with restructuring specialists Hilco which may see the business saved from administration with a £50 million deal, it...

HMV to close a further 37 stores

Administrators for beleaguered entertainment retailer HMV have confirmed today that a further 37 stores are to close, affecting over 450 staff. Deloitte, which was...

HMV CEO axed amid further job cuts

Administrators for troubled entertainment retailer HMV have today announced a further 60 job cuts, including that of HMV CEO Trevor Moore, Retail Gazette understands....

Feature Resource

Four Pillars of Customer Loyalty – 2018 Loyalty Forecast

Why 1 In 3 Shoppers Don’t Care If You Call Them By Their Name Shoppers are demanding. With an oversaturation of online and in-store options, any...