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Tag Archives: hmv

HMV: ‘Games industry needs to support us’

Record companies and movie studios rallied around HMV earlier this year. Now it is time for the games industry to step up. Speaking to MCV, HMV CEO Simon Fox has issued a call to publishers for better support following its traumatic start to the year. The retailer is now back …

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HMV appoints new commercial director

HMV has recruited Michael Neil as its new commercial director. Neil was the recent commercial director at Waterstone’s, which HMV sold to Russian billionaire Alexander Mamut for 53m. Neil replaced Gary Warren, who has decided to leave the retailer to pursue new interest. Warren has worked for the entertainment firm …

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Games advertisers respond to NOTW scandal

Video games retailers are among the many firms that are reconsidering their position on advertising with the News of the World. The News International-owned tabloid currently faces allegations concerning a private investigator that was reportedly employed by the publication who hacked into the mobile phone of missing person Millie Dowler. …

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Capcom explains lack of Mercs reset

Capcom has defended the lack of a reset option in Resident Evil: The Mercenaries 3D. The news that players won’t be able to delete their saved game file and reset their progress caused alarm among fans and retailers earlier this week, with many suggesting this had been done to prevent …

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HMV’s profits plunge

HMV swung to a loss of 121.7m from a profit of 49.2m the year before. Total Group sales fell by 7.4 per cent, while like-for-like sales fell 11 per cent. Pre-tax profits sit at 18.8m. HMV’s total debt now sits at 170.7m, a significant increase from the 67.6m the year …

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HMV won’t accept Mercenaries trade-ins

UK entertainment retailer HMV will not be accepting trade-in copies of 3DS title Resident Evil: Mercenaries, which is released in the UK this Friday. PR boss Gennaro Castaldo told VG247 that the decision was made avoid any potential customer disappointment for those purchasing a pre-owned version”. However, a spokesperson for …

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HMV offers 10% 3DS Street Pass discount

Retailer HMV has launched an impressively innovative 3DS offer for customers. It will give a ten per cent discount on any 3DS game to any customer who picks up an HMV store Mii using the 3DS Street Pass system. Street Pass, for those who aren’t familiar, allows 3DS owners to …

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HMV’s Hayes heads to Tesco

Tesco has hired another games retail veteran. HMV’s games commercial manager Jonathan Hayes, has joined the grocer as buying manager. He will report to senior buying manager for games Sarah Kaye. Hayes has worked for HMV for seven years. He joined in 2004 following a six-year stint at distributor EUK. …

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HMV’s Fox calls for supermarket restrictions

If left unchecked the ongoing expansion of supermarkets poses a serious threat to the UK High Street. That’s according to HMV boss Simon Fox, who speaking to The Sun has said that checks need to be put in place to protect British shops. "We have to be very careful about …

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HMV pens refinancing deal

HMV’s short-term future has been secured thanks to a 220m refinancing package with Royal Bank of Scotland and Lloyds TSB that will see the state-owned banks take a five per cent stake in the chain. The deal comes at a potentially high price, however, with punitive interest rates (up to …

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