Dixons enjoys sales boost after collapse of rival companies

Owner of Currys and PC World says half its like-for-like sales growth in last quarter came from former Comet customers Dixons has seen a significant boost in sales thanks to the collapse of its rivals Comet, Jessops and HMV. The retailer, owner of Currys and PC World, said half its 13% growth in like-for-like sales […]


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HMV sold to restructuring expert Hilco in deal that saves 2,500 jobs

Purchase protects 141 stores – with reprieve for 25 that had been earmarked for closure HMV has been rescued by the restructuring expert Hilco, saving 2,643 high street jobs and 141 stores. Hilco, which already owns HMV Canada, said the deal for the CD and DVD retailer included 25 stores that had been slated for […]


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Tesco’s Fresh & Easy becomes latest in line of UK retail failures in US

Early errors muddled Fresh & Easy’s image, while shareholder impatience over on going losses proved to be too much for firm As Tesco prepares to dump its Fresh & Easy chain it can take comfort from the knowledge it is not the first British retailer whose ambitions have broken up on the rocky shores of […]


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HMV sells remaining live music assets in £7.3m deal

Private equity arm of Lloyds acquires Jazz Cafe and Barfly in Camden, the Ritz in Manchester and Lovebox festival HMV has sold most of its remaining live music assets, including the Jazz Cafe and Barfly in Camden, the Ritz in Manchester and the Lovebox festival, for £7.3m to the private equity arm of Lloyds Banking […]


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Wii U launch is eagerly anticipated, but questions remain over the price

Nintendo’s new console is available in the UK at the end of November, but how much it will cost is still unclear One question a lot of British gamers had after the Wii U announcements on Thursday was: well, how much is the console going to cost? Although Nintendo provided retail prices for Japan and […]


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Simon Fox: Trinity Mirror’s music man doesn’t have much of a record

He innovated bravely at struggling HMV, but his efforts there have stalled. It’s hard to see why the markets are so enthused about his arrival at Trinity Mirror While Sly Bailey was in charge of Trinity Mirror, its shares slid 90%. While her freshly promulgated successor, Simon Fox, was in charge of HMV, its shares […]


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