Woolworths

  1. How Germany Overtook The U.K. To Become Europe's Largest Music Market

    April 11, 2011 2:58 PM EDT Having long played second fiddle to the United Kingdom, Germany now ranks as the largest music market in Europe, according to international music trade body IFPI. The reversal was announced last week with the publication of IFPI's annual &quo ...

  2. U.K.'s Major Label Heads Rally Around Beleaguered Music Retailer HMV

    January 20, 2011 12:00 AM EST Music and books retailer HMV has appointed accountancy firm KPMG to advise on its debt and help it meet an April test of its borrowing rules, a source familiar with the situation said. The source said Thursday that KPMG, already an adviser to HMV, ...

  3. U.K. Track Download Sales Hit 500 Million

    September 16, 2010 12:00 AM EDT The Official Charts Company (OCC) has confirmed that download sales have hit 500 million in the U.K. The half a billion total was achieved at the end of August and took just over six years. The OCC says the download market took off in 2004; a down ...

  4. HMV Year Profit Up 18%

    June 30, 2010 12:00 AM EDT HMV Group has revealed an 18% increase in pre-tax profits for the year ending April 24, 2010 to £74.2 million ($111 million). However, like for like sales at U.K. entertainment retailer HMV (including Ireland) were down 2.4% compared to the prior ...

  5. Best Buy Unveils First U.K. Store

    April 27, 2010 12:00 AM EDT U.S. retail giant Best Buy has opened the doors to its first U.K. store, marking the start of its ambitious European expansion plans, which it says will see eight to 10 U.K. superstores open in year one and the creation of approx 8,000 British job ...

  6. HMV Targets New Products, Live Music Market

    March 26, 2010 12:00 AM EDT British entertainment retailer HMV is targeting earnings growth over the medium term by increasing sales of new products in music, visual and games and raising its presence in live music and ticketing. In a strategy update, the firm pledged a turn ...

  7. British Music Sales Hold Steady In 2009

    March 23, 2010 12:00 AM EDT The U.K.'s recorded music sales held up in 2009 and performed better in a year-on-year comparison than video and computer games, according to new retail sales data published by the Entertainment Retailers Association (ERA). The trade body ...

  8. HMV, Orange Partner On Mobile Gaming

    March 19, 2010 12:00 AM EDT U.K. entertainment retailer HMV is adding mobile gaming to its increasingly diverse business set-up. In the past 14 months HMV - which has become dominant in that market following the demise of music retail rivals Zavvi and Woolworths - has taken ...

  9. HMV 'Could Be Target For Private Equity Bid'

    March 04, 2010 12:00 AM EST U.K. entertainment retailer HMV's share performance could make it a target for private equity bidders, an influential retail analyst has claimed. Arden Securities' Nick Bubb said despite its position as the "last man standing" ...

  10. Take That Lead U.K. Music DVD Sales Surge

    January 07, 2010 12:00 AM EST U.K. pop act Take That's "The Circus - Live" (Universal) was the biggest music DVD release of 2009 in Britain, moving 574,000 copies according to the Official Charts Company. Overall, music video sales ended the year up 14.1% compar ...

  11. 2009 U.K. Album Sales Decline 3.5%

    January 06, 2010 12:00 AM EST U.K. album sales declined by 3.5% in volume to 128.9 million in 2009, according to new data from the Official Charts Company. Trade body the BPI said the 3.5% year-on-year decline was not as sharp as it could have been thanks to a strong release s ...

  12. Hut Group Reports Xmas Trading Boost

    January 06, 2010 12:00 AM EST U.K. e-commerce provider the Hut Group has reported a 188% increase in orders processed in the six-week Christmas trading period compared to the same period in the previous year. The Cheshire-based company says sales revenue across the group exper ...

  13. U.K. Retailers Warn Of Labels' Conservatism

    December 31, 2009 12:00 AM EST U.K. entertainment retailers fear that conservatism among music, film and games companies means their products face losing the interest of the British public. That's the core point of a New Year message issued to the entertainment industry to ...

  14. HMV Sales Jump 12.8%

    December 11, 2009 12:00 AM EST HMV U.K. and Ireland increased sales by 12.8% to £470.7 million ($763.8 million) in the six months to Oct. 25, 2009 compared to the same period a year ago. The U.K. entertainment retailer was able to take advantage of the demise of rivals Zavvi an ...

  15. U.K. Music Biz Monitors Developments At Borders

    November 27, 2009 12:00 AM EST The U.K. music industry is keeping a watchful eye over developments at troubled book retail chain Borders U.K. following the company's recent fall into administration - roughly equivalent to Chapter 11 bankruptcy protection (Billboard.biz, No ...

  16. HMV Rolls Out Temporary Christmas Stores

    October 22, 2009 12:00 AM EDT U.K. entertainment retailer HMV is launching its first temporary stores for the Christmas trading period. "We opened the first one last weekend in Bluewater and the next four open in Saturday (Oct. 24)," HMV Group chief executive Simon F ...

  17. HMV To Open Temporary Xmas Stores

    September 21, 2009 12:00 AM EDT U.K. entertainment retailer HMV is planning to open up to 15 temporary stores for the Christmas trading period. HMV Group CEO Simon Fox tells Billboard.biz that the retailer will take temporary leases in towns that currently lack a retail entertai ...

  18. U.K. Digital Service Datz Shuttered

    September 16, 2009 12:00 AM EDT While U.K. artists and trade bodies argue over how to tackle illegal downloading, one potential commercial solution has closed after failing to meet demands for staged advances to major labels. The Datz Music Lounge, an all-you-can-eat unlimited M ...

  19. HMV Group Profit Up 12%

    June 30, 2009 12:00 AM EDT Britain's HMV Group Plc has seen an unprecedented surge in demand for Michael Jackson's music following the singer's death on Thursday, the retailer said, as it met forecasts with a 12% rise in profit. Chief executive Simon Fox said ...

  20. Woolworths Reborn Online

    June 25, 2009 12:00 AM EDT Following the demise of the 800-plus store Woolworths retail chain in the U.K., the brand has been reborn online with a product range include music CDs, DVDs and games. The Web site Woolworths.co.uk launched today (June 25). It is operated by onli ...

  21. Woolworths Execs Plan Store Revival

    June 16, 2009 12:00 AM EDT Former Woolworths chief executive Sir Geoff Mulcahy is hoping to launch a similar 200-store chain, including new stores at some of the collapsed U.K. retailer's vacant sites. The Woolworths retail business and the group's wholesale enter ...

  22. HMV Unveils Reward Card Scheme

    May 01, 2009 12:00 AM EDT U.K entertainment retailer HMV will roll out its new customer loyalty card, Pure HMV, this month and it has revealed trial data showing the benefits of the scheme to suppliers. HMV is also targeting former customers of the defunct Woolworths retai ...

  23. HMV Sales Up 11.7% In 2009

    April 29, 2009 12:00 AM EDT U.K. entertainment retailer HMV has benefited from the closure of rival Zavvi and the Woolworths retail chain, recording a year-on-year sales volume increase of 11.7% for the 16 weeks ending April 25, 2009. During a conference call, HMV Group chie ...

  24. U.K. Sales Fall In Single Figures

    March 24, 2009 12:00 AM EDT Recorded music sales in the U.K. were down 1.9% in volume and 6.9% in value in 2008, according to figures compiled by the Official Charts Company and published by the Entertainment Retailers' Association. The ERA annual yearbook states that t ...

  25. Warner Music Results Beat Street View, Sales Dip

    February 05, 2009 12:00 AM EST Warner Music Group posted better than expected results on Thursday, despite falling CD sales and slower growth in digital revenue. Net profit for the fiscal first quarter came in at $23 million, or 15 cents a share, compared with loss of $16 milli ...

  26. U.K. Retailer Woolworths To Be Reborn Online

    February 02, 2009 12:00 AM EST Woolworths, the 100-year-old sweets-to-DVD retailer that collapsed last month, will be reborn as an online store after its brand name was bought by Shop Direct, Britain's biggest home shopping retailer. Shop Direct, which operates under brand ...

  27. WH Smith Reports 'Challenging' Christmas

    January 27, 2009 12:00 AM EST U.K. retail chain WH Smith PLC has revealed total like for like (LFL) sales were down 5 percent over the 20 weeks to Jan. 17, in the wake of Woolworths-owned distributor EUK's collapse before the busy Christmas shopping period (Billboard.biz, ...

  28. HMV Enters U.K. Live Biz

    January 14, 2009 12:00 AM EST HMV has partnered with venue operator the Mama Group on a joint venture that will see the U.K. entertainment retailer sharing profits at 11 mid- to large-size venues. The 5,100-capacity Hammersmith Apollo will be renamed the HMV Apollo and the agr ...

  29. Oldest Woolworths Store Among Closures

    December 30, 2008 12:00 AM EST U.K. retailer Woolworths is continuing its closure program, with its oldest store, based in south London, shutting its doors. The Croydon branch of Woolworths, which opened in 1912, is among 163 closures today (Dec. 30). Administrator Deloitte has ...

  30. Ailing Zavvi Calls In Administrators

    December 24, 2008 12:00 AM EST U.K. entertainment retail chain Zavvi, has gone into administration, the U.K. equivalent of Chapter 11 bankrutcy protection. Administrators Ernst & Young said today they intended to trade the 114-store Zavvi UK with a view to selling all or pa ...

  31. Woolworths Stores Set To Shut By Early January

    December 17, 2008 12:00 AM EST Woolworths could be closed down for good by Jan. 5 at a cost of 27,000 jobs if no one comes forward before that date to buy the collapsed retailer's stores, its administrators said Wednesday. Deloitte, which was appointed to run Woolworths af ...

  32. Take That's 'Circus' Tops 2008

    December 08, 2008 12:00 AM EST U.K. pop act Take That has claimed the record for Britain's fastest-selling album of 2008, with 432,000 copies of its album "The Circus" (Poyldor/Universal) bought in its first week. According to chart compiler the Official Charts C ...

  33. Zavvi Suspends Web Site

    December 02, 2008 12:00 AM EST Following major problems with distributor EUK, U.K. entertainment retailer Zavvi has temporarily suspended its Web site service, as it is unable to guarantee supplies to customers. The Woolworths-owned EUK went into administration along with the g ...

  34. Woolworths Exec Shuffle

    October 22, 2008 12:00 AM EDT Troubled U.K. retailer Woolworths has appointed former Punch Taverns executive Robert McDonald to the position of group chief financial officer. Effective Nov. 3, he will be replacing Stephen East, who will stay with the company during the transit ...

  35. Woolworths Hits New Low After Profit Warning

    July 29, 2008 12:00 AM EDT British sweets-to-DVDs retailer Woolworths issued a profit warning, blaming a marked downturn in trading conditions, and scrapped plans to sell out of DVD publisher 2 entertain, sending its shares to a new low. The 100-year-old group, which last m ...

  36. Woolies Pulls Plug On Singles, Launches Download Store

    May 27, 2008 12:00 AM EDT British supermarkets giant Woolworths is axing the CD single from its inventory, claiming consumers are no longer interested in the format. CD singles will be pulled from Woolworths' shelves with effect from August, although there will be an ...

  37. Brit Supermarket Tesco Refutes CD-Pricing Report

    April 02, 2008 12:00 AM EDT Tesco has flatly denied a published report which claimed the British mass merchant powerhouse is applying pressure on labels to drop their wholesale CD prices. "It's a load of nonsense. I don't know where they're getting it fro ...

  38. Music, DVD Concerns Hinder Aussie Woolworths/Kmart Deal

    October 18, 2007 12:00 AM EDT The Australian competition watchdog has blocked a bid by Australian retail giant Woolworths to acquire mass merchant Kmart, in part because of concerns about the impact on the home entertainment retail market. The listed retail company was seeking ...

  39. 24-7 Broadens Scope

    August 03, 2007 12:00 AM EDT -7 MusicShop, the digital music service provider and distributor, has a new name: 24-7 Entertainment. The move aims to take into account plans to extend the company's portfolio into other forms of digital entertainment, including movies, TV ...

  40. Quirk, Batchelor To Co-Chair ERA

    March 14, 2007 12:00 AM EDT Britain's Entertainment Retailers Association has temporarily split its chairmanship role. Paul Quirk, founder of Quirk's Records, and Woolworths' head of trading, entertainment and mobile communications Jim Batchelor, were appointe ...

  41. 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 ...

  42. Brazin Ceases ARIA Sales Chart Data

    May 22, 2006 12:00 AM EDT Sales data from Sanity Music Entertainment, HMV Australia and Virgin Music will no longer be included in Australia's official charts. Sales data from Sanity Music Entertainment, HMV Australia and Virgin Music will no longer be included in Aus ...

  43. Brazin Ceases ARIA Sales Chart Data

    May 22, 2006 12:00 AM EDT Retailer accounts for 28%-32% of market. Sales data from Sanity Music Entertainment, HMV Australia and Virgin Music will no longer be included in Australia's official charts. Retail conglomerate Brazin, which operates the three music retail c ...

  44. Oz Retailers Decide On Earlier Release Date

    December 01, 2005 12:00 AM EST From this weekend, the Australian Music Retailers Assn.'s members will sell new releases from Saturday instead of Sunday in a move to cash in on Christmas trading, the trade body said today (Dec. 1). From this weekend, the Australian Music Re ...

  45. U.K. Vid Retailers Amp Up Piracy Campaign

    September 20, 2005 12:00 AM EDT Britain's video industry on Sept. 12 launched the second phase of its campaign to raise consumer awareness of the damaging effects of piracy not just on the entertainment industry but on society as a LONDON (The Hollywood Reporter) -- Britain ...

  46. Lobby Group Cites HMV Over Guernsey Plans

    July 26, 2005 12:00 AM EDT A British business lobby group has called on the national Treasury to intervene over the plans of retailer HMV's plans to shift its Internet fulfilment facilities to Guernsey, a recognized tax-haven. LONDON -- A British business lobby group h ...

  47. Lobby Group Cites HMV Over Guernsey Plans

    July 22, 2005 12:00 AM EDT A British business lobby group has called on the national Treasury to intervene over HMV's plans to shift its Internet fulfilment facilities to Guernsey, a recognized tax-haven. A British business lobby group has called on the national Treasu ...

  48. Lobby Group Cites HMV Over Guernsey Plans

    July 22, 2005 12:00 AM EDT A British business lobby group has called on the national Treasury to intervene over HMV's plans to shift its Internet fulfilment facilities to Guernsey, a recognized tax-haven. A British business lobby group has called on the national Treasu ...

  49. HMV U.K. Names Head Of Music

    April 04, 2005 12:00 AM EDT HMV U.K. and Ireland has appointed Phil Penman as head of music. HMV U.K. and Ireland has appointed Phil Penman as head of music. Reporting to HMV Europe product director Steve Gallant, Penman succeeds Mark Noonan, who exited earlier this year. Pe ...

  50. HMV U.K. Names Head Of Music

    April 04, 2005 12:00 AM EDT HMV U.K. and Ireland has appointed Phil Penman as head of music. HMV U.K. and Ireland has appointed Phil Penman as head of music. Reporting to HMV Europe product director Steve Gallant, Penman succeeds Mark Noonan, who exited earlier this year. Pe ...

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