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

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Type Product title / description Pub Price
CommentWire
CommentWire

Bookworld: the latest price-led retailer to enter administration

The collapse of Bookworld further reiterates the limitations of competing solely on price. Having found itself exposed to the boom in online retailing and the expanding ranges of leading grocers, its failure to adapt to changing market conditions helps highlight the need to differentiate on areas other than price.

Published By Datamonitor
13 Feb 2007
Expert View
Expert View

Borders: no best sellers, just a performance plan

US bookstore chain Borders reported a net loss of $18.4 million for the second quarter ended July 29. Although the disappointing result reflects tough conditions in the retailer's domestic market, Borders inadequate response to competitive pressures is also a contributory factor.

Published By Datamonitor
24 Aug 2006
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Expert View

BRC figures positive, not indicative of retail recovery

Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.

Published By Datamonitor
10 Jan 2006
CommentWire
CommentWire

CD-Wow: music industry needs to manage public perceptions

Leading UK record companies have demanded that the high court fines Music Trading Online - operator of CD-Wow - for breaking a promise it made in 2004 to stop illegally importing CDs into the UK. While there may well be a legitimate case to be made against the retailer, the PR being generated is doing the beleaguered UK music sector no favors.

Published By Datamonitor
21 Feb 2007
CommentWire
CommentWire

Choices UK: bolder moves needed to help turnaround

Just 15 days after Choices UK released a positive set of interim results, the board has issued a profit warning due to poor Easter trading. The announcement illustrates that the retailer is still some way off the stability that it so badly craves.

Published By Datamonitor
19 Apr 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
Expert View
Expert View

Christmas trading: retailers must continue to develop online offerings to beat the showrooming trend

Christmas 2012's trading results are in, and the retail winners have clearly been those that have invested in innovative online operations. Nowhere has this been more obvious than in the clothing & footwear sector. Department stores have also thrived, as retailers have been investing in creating desirable shopping destinations and websites.

Published By Datamonitor
19 Feb 2013
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Expert View

Clinton Cards: celebrating the end of a turbulent year

Clinton Cards has come through a difficult year, negotiating a declining market and the administration of part of its business. In the 52 weeks to August 2, 2009, total sales were down by 3.4%, but the group has managed to grow pre-tax profit and reduce net debt. In the short term things are now improving, but longer term, the company faces a fresh set of challenges.

Published By Datamonitor
19 Oct 2009
CommentWire
CommentWire

Clinton Cards: needs to broaden customer appeal

Like-for-like sales at Clinton Cards' eponymous card stores fell 3.3% over the year as the company blamed an increase in competition from the high street and supermarkets. Although the Clinton Cards is still recovering from its acquisition of Birthdays two years ago, the drop in like-for-like sales suggests the retailer needs to look at its positioning and retail format.

Published By Datamonitor
18 Oct 2006
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Expert View

Copyright crackdown will give online retailers a chance to capture tech-savvy customers

After years of legal wrangling, the UK High Court has ruled that The Pirate Bay infringes copyright, and has ordered a group of major Internet service providers to prevent their users from accessing the site. However, many games, music, and video retailers will be wondering what, if any, effect this will have on them.

Published By Datamonitor
21 May 2012

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