Tag Archives: euk

Trading in the shares of the Woolworths Group has been suspended on the London Stock Exchange. The company said trading would resume once it had announced whether it would be selling its BBC show distribution service and its chain of retail stores. In a statement, the firm’s Board also confirmed …

The company looking to snap up Woolworths for 1 seems to have revised its deal following emergency talks over the weekend. According to The Daily Mail, Hilco still wishes to buy Woolies’ 840 High Street stores for a nominal 1. However, the company is thought to have tabled a last-ditch …

It’s been another eventful day for Woolworths, as the Financial Times labels the company trying to buy the retailer for 1 a ‘scavenger’ – and Woolies’ biggest shareholder spits feathers over the potential deal. Shares in the company plunged to an all-time low yesterday on news of Hilco’s takeover attempt. …

The Woolworths Group has confirmed that it is in talks over a possible sale of its retail business. The firm has not identified potential bidders, but The Times reports that it is considering a sale to turnaround specialist Hilco for a nominal 1. Woolworths, which has been on the High …

EUK has rubbished any suggestion that a troubled relationship with publishers could derail its business – insisting that 95 per cent of suppliers” have pledged their full support to the firm. Speaking exclusively to MCV in a candid interview, EUK managing director Steve Lewis admitted that credit insurers refusing cover …

Asda has asked around 15 of its entertainment distributors to set up direct accounts, should its relationship with Woolworths-owned buying team EUK ‘suddenly deteriorate’. And the supermarket has even admitted that it could be tempted into buying EUK as a last resort. That’s according to Cue Entertainment, which reports that …

MCV understands that UK publishers are increasingly wary of pushing stock through EUK ahead of the Christmas rush – and are considering cutting out the distributor entirely. The mayhem began on September 17th, when the Woolworths Group PLC reported a 100m loss for the first half of the year. Two …

Entertainment UK has surged past GAME to become Britain’s most powerful retail buying team, MCV has learnt – sparking concerns throughout the publishing community over the buying and distribution company’s increasing influence on the UK games charts. According to testimonies from a number of major publishers, the company – which …

Sales in Woolworths stores have fallen 3.2 per cent for the 25 weeks to 26 July 2008, whilst EUK’s and Bertram’s sales were down one per cent over the same period last year. The retailer stated that the fall in sales was due to the ‘continued strength of the entertainment …

The retail community is buzzing in anticipation of Grand Theft Auto IV’s release, following Rockstar’s confirmation of an April 29th release date – with many key figures from the trade voicing confidence in the title’s record-smashing ability. As with previous GTA releases, GTA IV will be the benchmark for all …