Tag Archives: hmv

Growing retail force HMV’s grand plans to become a ‘superbrand’ in the entertainment sector have taken a big step forward today with the launch of a brand new digital music service, hmvdigital.com. The new portal is the first concrete development to emerge from the acquisition of digital delivery service 7Digital …

Writing about HMV is a welcome change to all the doom and gloom surrounding retail at the moment. Their profits? Up. Their store count? Increasing. Whereas the rest of retail talks of consolidation and decline, HMV is enjoying expansion and growth. And the reason for this success? Well, the loss …

Video games will play a major part in HMV’s ambition to become an ‘entertainment superbrand.’ The firm wants to be seen as more than just a retailer, and already sells music tickets, owns music venues and cinemas. And during its entertainment conference last week, the retailer called upon the games …

Online retailers with distribution facilities off the UK mainland are safe from the VAT hike. The likes of HMV, Amazon, Play and The Hut run operations from Jersey or Guernsey, which means they’ll remain unaffected by the increase. Digital distributors not based in the UK will also be able to …

HMV has stated that despite what it describes as a very challenging year” for the video games market that saw it decline 25 per cent year-on-year, the retailer has gained market share in the sector – thanks in part to an increasing contribution” from its pre-owned offer Re/Play. Overall sales …

It’s got a great chance of being one of the biggest releases on 2010, so perhaps it’s no surprise that two High Street retailers are focusing very heavily on Nintendo’s Super Mario Galaxy 2 ahead of its UK release on Friday. HMV is offering the game for just 4.99 for …

Former HMV commercial director Gary Warren (picture, left) has become the new managing director of content and talent at the HMV-owned events-based MAMA Group. Taking his place will be former supply chain director Steve Napleton (picture, right), who assumes the role of commercial director immediately. As well as his new …

Best Buy’s arrival in the UK comes at an ideal moment. The UK’s market value is in the gutter – albeit temporarily – driven down by a mix of a weak release schedule, post-recession caution, a lack of new hardware and the distraction of an election. Games’ heartland UK retailer …

HMV’s group sales are up 1.8 per cent per cent for its financial year ending April 24th, the firm revealed in a pre-close statement. Sales for its HMV stores have risen 4.3 per cent, while Waterstone’s sales are down six per cent. The Group expects its year-end debt to be …

HMV was the big retail winner at last night’s MCV Industry Excellence Awards. The entertainment specialist won the overall High Street Chain prize, while one of its individual stores – the 360 Oxford Street branch – won Star Store. Elsewhere, Play.com won Online Retailer, and best Independent Retailer was Grainger …