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Tag Archives: hmv

HMV saves 269 jobs at Zavvi

HMV’s buyout of 14 Zavvi stores has saved 269 jobs at the beleaguered entertainment chain, it has emerged. Zavvi administrator Ernst & Young has revealed the locations of the stores – after MCV broke the news yesterday. The nine stores HMV has bought in the UK include one in Crewe, …

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HMV snaps up 14 Zavvi stores

HMV has acquired 14 Zavvi stores from its rival’s administrators, Ernst & Young. HMV expects the cost of its acquisition to be around 2m, including a purchase price of 700,000 plus the refit and rebranding of the outlets. The locations of the stores are currently unclear, but they are in …

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HMV enjoys best ever Christmas

HMV has defied the odds on the High Street to pull off its biggest ever Christmas – enjoying a 5.8 per cent sales growth for the ten weeks to January 3rd. Like-for-like growth was up three per cent on the same period in 2008. The total HMV Group – which …

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HMV: We’ll introduce gaming to millions of new consumers

HMV could introduce gaming to ‘millions’ of new consumers, as the chain puts the finishing touches to its specialist games offer. At least that’s according to HMV Group CEO and UK and Ireland MD Simon Fox, who is delighted following the successful acquisition of Gamerbase and the launch of the …

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HMV reports £19.8 million six-month loss

The HMV Group has revealed its financial results for the six months ending October 25th, reporting a post-tax loss of 19.8 million. The entertainment group – which also includes book specialist Waterstones – revealed that sales were up 3.5 per cent, but like-for-like sales had fallen flat. Like-for-like sales at …

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Low Layton stock levels sparks silly pricing

Professor Layton and the Curious Village has gone missing from store shelves as Nintendo struggle to supply the sensational demand for its DS hit. The game has sold out online at GAME, HMV, Gameplay, Zavvi and Shopto and stock is limited on the High Street. Consumers are now selling their …

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2,500 fans queue for Lich King HMV launch

HMV’s flagship Oxford Street store saw the official launch of Wrath of The Lich King at midnight last night, attracting a whopping 2,500 strong horde of fans. The second expansion for huge franchise World of Warcraft was officially launched in Europe at the HMV store, where patient fans got to …

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New product director at GAME

High Street retailer GAME has secured the services of retail veteran John Devon, who has signed up as product director. Devon joins the firm from Amazon, where he worked as DVD trading director. He has also held roles at Virgin, Woolworths and WH Smiths. At GAME, Devon will be responsible …

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Trade rocked by HMV assault on pre-owned

HMV has left publishers fearing for revenues on new and catalogue stock with the introduction of its pre-owned offering. In a canny move that further cements its position as a specialist games retailer, HMV’s new Re/Play initiative will pile further pressure on publishers and rival retailers as the pivotal Christmas …

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HMV launches pre-owned assault

HMV has confirmed its entry into the pre-owned games market under the Re/Play brand. It will be officially launched on Friday 24th October with an extensive marketing campaign featuring national and consumer press. MCV was first to reveal HMV’s plans in the pre-owned space back in June after the appointment …

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