Music Zone

  1. U.K. Retail Empire Strikes Back Against Slump

    September 07, 2007 12:00 AM EDT After a year of store closures and slumping sales, U.K. music retail is attempting to stave off meltdown with a host of new in-store initiatives. The long, wet summer has seen some seismic shifts in the market, with the traditionally buoyant album ...

  2. HMV Buys Fopp Brand, Outlets

    July 31, 2007 12:00 AM EDT HMV Group is injecting new life into Fopp. The music and entertainment retail giant has reached an agreement to buy the recently-bankrupted Fopp brand, its URL and the lease on six of the retailer's outlets, depending on landlord consent. Fin ...

  3. HMV Eyeing Up Fopp Outlets?

    July 20, 2007 12:00 AM EDT HMV could be poised to snap up some stores of the recently-bankrupted U.K. specialist music chain Fopp, according to media reports. Fopp, at one time the U.K.'s leading independent music-focused retailer, collapsed June 29 with 700 job losses ...

  4. U.K. Retailer Fopp Shutters

    June 29, 2007 12:00 AM EDT Fopp, the U.K.'s leading independent specialist music retailer, has gone bust. The company issued a statement today (June 29) confirming industry speculation that it was going bankrupt after 25 years in the business. "It is with great re ...

  5. Fopp's Future Remains Uncertain

    June 28, 2007 12:00 AM EDT The future of Fopp is apparently still up in the air four days after the U.K. independent specialist music retailer stopped taking payments by credit cards at its stores. On Monday, the company admitted to "experiencing difficulties" aft ...

  6. Update: Fopp's Fate Hangs In Balance

    June 25, 2007 12:00 AM EDT The fate of leading U.K. independent music retailer Fopp remains uncertain despite stores re-opening on June 23, after an unexpected closure the day before. The company has publicly admitted "experiencing difficulties" after failing to o ...

  7. Fopp Builds Empire On Music Zone

    February 05, 2007 12:00 AM EST British independent music retailer Fopp has bought 67 stores from administrators of the beleaguered Music Zone chain. The outlets, plus Music Zone's headquarters and warehouse in Stockport, England and its warehouse in Denton, have been sold ...

  8. Music Zone Hits The Skids

    January 25, 2007 12:00 AM EST Time has run out for Music Zone, the embattled British music and entertainment retailer. Administrators for the High Street retailer have pulled the plug after admitting that they wouldn't find a home for the company. In a statement issued la ...

  9. U.K.'s Music Zone Closes 31 Stores

    January 16, 2007 12:00 AM EST Music Zone, the British music retailer which recently went into administration, has shuttered 31 outlets. The chain's administrators Deloitte pulled the trigger on the stores, which will result in the loss of 325 jobs. Music Zone was placed i ...

  10. U.K. Retailer Music Zone Enters Administration

    January 03, 2007 12:00 AM EST British music and entertainment merchant Music Zone has entered into administration after succumbing to a "challenging" retail climate. Bill Dawson, partner at accountancy giant Deloitte, has been appointed administrator for the High Str ...

  11. U.K.'s Music Zone Buys MVC Stores

    January 04, 2006 12:00 AM EST Corporate advisory and restructuring firm Kroll has today (Jan. 4) completed the sale of 41 MVC stores to British retailer Music Zone. The sale has secured the jobs of 437 MVC employees, says Kroll in Corporate advisory and restructuring firm Krol ...

  12. U.K.'s Music Zone Buys MVC Stores

    January 04, 2006 12:00 AM EST Corporate advisory and restructuring firm Kroll has today (Jan. 4) completed the sale of 41 MVC stores to British retailer Music Zone. The sale has secured the jobs of 437 MVC employees, says Kroll in Corporate advisory and restructuring firm Krol ...

  13. Brit Retailer MVC Files For Bankruptcy

    December 22, 2005 12:00 AM EST Administrators Kroll 'hopeful for a buyer.' British CD and DVD specialist retailer MVC has filed for bankruptcy and hired the U.K. arm of international "risk consulting' company Kroll as administrators. MVC stores remain open. ...

  14. Brit Retailer MVC Files For Bankruptcy

    December 22, 2005 12:00 AM EST British CD and DVD specialist retailer MVC has filed for bankruptcy and hired the U.K. arm of international "risk consulting' company Kroll as administrators. British CD and DVD specialist retailer MVC has filed for bankruptcy and hired ...

  15. U.K. Retailer Music Zone Buys 40 MVC Stores

    December 21, 2005 12:00 AM EST Music Zone is buying 40 stores from its rival MVC, the British independent music retailer said today (Dec. 20). Financial details of the transaction, struck with MVC's new owners Argyll Partners, have British independent record retailer Music ...

  16. U.K. Retailer Music Zone Buys 40 MVC Stores

    December 21, 2005 12:00 AM EST Music Zone is buying 40 stores from its rival MVC, the British independent music retailer said today (Dec. 20). Financial details of the transaction, struck with MVC's new owners Argyll Partners, have British independent record retailer Music ...

  17. Brit Retailer Music Zone In Talks To Buy MVC

    June 06, 2005 12:00 AM EDT Bullish independent music retailer Music Zone is poised for a new wave of expansion. The Stockport, England-based firm has approached retailer Woolworths Group to buy its music and video chain MVC and Bullish independent music retailer Music Zone ...

  18. Brit Retailer Music Zone In Talks To Buy MVC

    June 06, 2005 12:00 AM EDT Bullish independent music retailer Music Zone is poised for a new wave of expansion. The Stockport, England-based firm has approached retailer Woolworths Group to buy its music and video chain MVC and Bullish independent music retailer Music Zone ...

  19. Brit Retailer Music Zone Changes Hands

    March 29, 2005 12:00 AM EST Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 million) management buyout of the British independent music retailer. LONDON -- Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 mil ...

  20. Brit Retailer Music Zone Changes Hands

    March 24, 2005 12:00 AM EST Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 million) management buyout of the British independent music retailer. Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 mill ...

  21. Brit Retailer Music Zone Changes Hands

    March 24, 2005 12:00 AM EST Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 million) management buyout of the British independent music retailer. Russ Grainger, owner and chairman of Music Zone, has agreed on a £12 million ($22 mill ...

  22. U.K. Retailer Fopp Posts Gains In 2003

    January 14, 2004 12:00 AM EST Independent retailer Fopp buoyed by strong DVD and books performance in December, ends up with year-on-year growth of 57%. U.K. independent retailer Fopp will today announce year-on-year sales growth of 57%. The 14-store chain will report sales of ...

  23. U.K. Retailer Fopp Posts Gains In 2003

    January 13, 2004 12:00 AM EST U.K. independent retailer Fopp will today announce year-on-year sales growth of 57%. The 14-store chain will report sales of £27.5 million ($50 million) for the financial year ending Nov. 30, 2 U.K. independent retailer Fopp will today ...