The Hut wins £5m investment boost

The Hut has received 5 million after winning Bank Of Scotland’s Entrepreneur Of The Year award. The annual award winner also receives mentoring from the UK’s top businessmen and entrepreneurs. CEO Matthew Moulding said: Winning the award feels very special. Starting from an idea on a piece of paper and …

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Italy to catch UK as Hypermarkets arrive

The Italian video game market has begun to approach the maturity of its European counterparts, France and the UK, as strong retail chains cash in on opportunities for growth. While the market has grown by almost 25 per cent over the course of 2008, it is still seen to be …

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The rise of The Hut

Could you tell us how TheHut.com started up?TheHut.com was formed in 2004 by Matthew Moulding and John Gallemore. They recognised the opportunity in online retailing and created the business on the back of that. As well as our retail site we also run a white label business. How does your …

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Asda firing on all cylinders after EUK collapse

Asda has claimed that it is buying entertainment stock at the same rate as it did before EUK – its exclusive supplier – went into administration. Asda general manager for music, video and gaming Ferghal Gara told MCV: It’s business as normal at Asda this Christmas thanks to the contingency …

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HMV’s top dog

How has 2008 been for HMV in terms of sales and customer satisfaction? As our results over the past six months show, our trading has been decent considering everything going on with the economy, and we’ve been holding our own against the competition. Games have helped drive this trading performance. …

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EUK legacy looms large over frantic market

Suppliers burnt by EUK’s demise disagree over whether to feed Zavvi with Christmas stock that will help it pay off its huge debts. MCV understands that some of the UK’s largest publishers have reclaimed stock from EUK administrator Deloitte and are now trading direct with individual Zavvi stores – after …

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