Latest Intelligence on Music, Video, Books, Stationery and Entertainment Software

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Type Product title / description Pub Price
CommentWire
CommentWire

Game: acquisition referred to Competition Commission

The Office of Fair Trading has stated that it is concerned the purchase of Gamestation by Game Group will result in the loss of competition. However, with large numbers of non-specialist retailers vying for market share growth, the sector is likely to remain as competitive as ever.

Published By Datamonitor
10 Aug 2007
Expert View
Expert View

Sears Holdings: predicting weak Q2 results

Sears Holdings has forecast a decline in second quarter sales and profits. Kmart and Sears stores, the group's domestic divisions, produced negative like-for-like sales for the quarter ended August 4, 2007. The group also expects net income for the quarter will fall short of forecasts and be considerably lower than 2006. Going forward, Sears faces challenges growing both topline sales and profit.

Published By Datamonitor
15 Aug 2007
CommentWire
CommentWire

ChoicesUK: another victim of market woes

ChoicesUK has fallen into administration after it struggled to cope with a rapidly declining music and video market. The retailer is likely to be broken up as the sector as a whole is reshaped following changing customer trends in regard to the consumption of entertainment products.

Published By Datamonitor
21 Aug 2007
CommentWire
CommentWire

HMV Group: performing well, but trading may get tougher

The retailer's latest quarterly figures represent a strong period of trading, with total group sales up 12.2% and 5.8% on a like-for-like basis. HMV Group now has a solid base from which to move forward. However, things are likely to get tougher for the retailer, given the ongoing decline of the music and video market, and the increasingly competitive nature of the book retailing sector.

Published By Datamonitor
06 Sep 2007
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Expert View

Beleaguered music & video retailers look to HD DVD and downloads to revive depressed market

UK music & video retailing is poised for a revival as consumers adopt HD DVD technology and retailers strengthen their downloading services. Although the market is set to shrink for the third year running in 2007 - by 2.9% to GBP4 billion - the prospects for remaining specialists are brighter now that many weaker players have exited the market.

Published By Datamonitor
12 Oct 2007
CommentWire
CommentWire

WH Smith: travel stores lift profits

Pre-tax profits at the UK's leading newsagent and stationer have advanced by 29% to GBP66 million in the year to August 31, thanks to improved sourcing, operational cost cutting and adjustments to the product mix. While the company's travel business is well placed for further growth, the scope to improve performance at its high street stores is more limited.

Published By Datamonitor
15 Oct 2007
CommentWire
CommentWire

Woolworths: soldiering on

UK retailer Woolworths has announced a marginal fall in like-for-like sales in its retail division for the 38 weeks to October 27. While its retail business faces a tough future, its wholesale business has been going from strength to strength, posting growth of 61.9%, helped by a number of acquisitions.

Published By Datamonitor
01 Nov 2007
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Expert View

Game: merger given go-ahead despite pre-owned concerns

The Competition Commission has provisionally cleared Game Group's acquisition of Gamestation, narrowly ruling in favor of the merger between the UK's two largest games specialists, despite concerns about the lack of competition in pre-owned games. While the market for new games consoles & software is as competitive as ever, the pre-owned sector is currently dominated by Game and Gamestation.

Published By Datamonitor
05 Dec 2007
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Expert View

HMV: short term momentum

While HMV's strategic plan is clearly bearing fruit, the retailer has enjoyed a more favorable market in the past six months, with competition on the high street declining and the games market continuing to outperform. Though it has delivered strong UK growth in its first half, its core music market faces perpetual decline and thus, maintaining this momentum will become increasingly difficult.

Published By Datamonitor
12 Dec 2007
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Expert View

Game: on a roll

Game's sales in the UK and Ireland rose by 77.9% during the six weeks to January 12 and by 30.3% on a like-for-like basis. While the acquisition of rival specialist Gamestation during 2007 has driven total sales growth, the incredibly buoyant market has aided the like-for-like improvements.

Published By Datamonitor
15 Jan 2008

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