money
Say Bye-Bye BlockBuster as Remaining Stores Close December 16th

And so it ends -- having been given mouth-to-mouth after an earlier brush with the administrators, BlockBuster's UK demise is almost complete. Come December 16th, the remaining 91 stores of the movie and game rental chain will be shuttered for the final time. Keep an eye out for an everything-must-go sale, starting at the last stores now -- some items (but probably not the good stuff) will be 90% off. Read More >>

money
All Remaining UK Blockbuster Stores to Close

It's another sad day for the British high street, as it has been revealed Blockbuster is to close all of its remaining UK stores following its recent slide back into administration. Read More >>

business
Blockbuster Is Broke Again and Going Back Into Administration

Even the purse-tightening investment team at Gordon Brothers Europe has failed to turn around struggling movie and game rental veterans Blockbuster, with the company announcing it is entering administration for the second time in a year. It's looking like this time really could be the end for the once-mighty high-street store. Read More >>

business
Salvaged HMV Returns to Old Oxford Street Stomping Ground

The long-running saga of the death and return of HMV entered a new chapter this weekend, with a new physical branch of the troubled music chain opening up for business on London's Oxford Street. Read More >>

business
ASDA Lining up Last Minute HMV Rescue Bid?

Green-topped supermarket chain ASDA may be about to salvage pink-topped physical media dinosaur HMV, with the retail giant said to be offering to buy the remaining HMV stores from the administrator -- and keep some of them going. Read More >>

business
66 HMV Stores to Close With 930 Staff Out of a Job

Hilco might have bought out HMV's debt, giving it effective control over Deloitte's administration of the troubled chain, but that doesn't mean everything is hunky dory right now. HMV's just announced 66 stores will close with the loss of 930 jobs. Ouch. Read More >>

twitter
HMV's Twitter Account Goes Rogue

Sounds like quite a lot of people are having a really crappy time over at HMV. However, management obviously didn't think about the corporate Twitter stream. Mass execution? Live twitter coverage of firings? Nasty stuff. Read More >>

business
Jessops and HMV May Combine for Ultimate Retail Fail Combo

Staggering news has emerged from the debris of the HMV collapse, with sources claiming that the music chain's financial saviour could also be considering a bid for part of dead camera chain Jessops -- and might install Jessops booths inside HMV branches for the ultimate in retro retail experiences. Read More >>

how to
The Companies Jumping on the HMV Gift Vouchers Bandwagon (Updated: HMV Will Accept Them)

One of the worst things about HMV going bust is that a whole bunch of poor, innocent people who got HMV vouchers for Christmas now find themselves out of pocket. If you're one of the sad unfortunates, don't throw away your gift voucher in frustration quite yet; you may well be able to spend your hard-won pressie after all. Read More >>

business
160 Blockbuster Stores Are Getting the Chop

Last week, Blockbuster became the latest casualty of the administration epidemic sweeping the High Street; now, the first casualties are crawling home from the front line. 160 of Blockbuster's 528 stores are to close, putting the livelihoods of some 760 staff at risk. Uh oh. Read More >>

op-ed
Blockbuster and the High Street -- Where Did It All Go Wrong?

The High Street as we know it is being brutally and violently gutted by a big bully called Administration. Household names are toppling like badly placed dominoes; what's to blame -- the recession, the internet, or all of us just being scrooges? Read More >>

business
Take Dixons Out of the Dead Pool -- "Phenomenal" Tablet Sales Help Ensure Chain's Survival

There won't be any administration misery on the horizon for the Dixons group of tech shops, thanks to the electronics giant reporting a "strong performance" over the critical Christmas cash grab, aided by huge sales of tablets across its Currys and PC World stores. Read More >>

business
MP Accuses HMV of Theft Over Gift Voucher Sales

A Tory MP and legal expert has accused HMV of literally stealing money from customers over the past few weeks, claiming that management's decision to continue selling gift vouchers while the chain teetered on the brink was tantamount to "obtaining property by deception." Read More >>

business
Blockbuster Forced to Call it Quits Too

The poor UK High Street is taking a right battering at the moment. First Comet, then Jessops, then HMV, and now Blockbuster has hurtled into administration. Deloitte's handling this one, along with HMV, and it seems the plan is to keep at least some of the 528 stores open. Read More >>

image cache
Jessops: It's All Amazon's Fault

At least someone's got a sense of humour over the whole Jessops-going-into-administration thing, even if they are totally on the money with this one. Too soon? Not according to the now-jobless staffers. [Twitter] Read More >>

business
Deloitte Nukes HMV's Site

In a somewhat surprising move, considering the administrators are keeping HMV's stores running, Deloitte have taken the HMV site offline. It looks like sales are limited to stores, but are they simply prepping for a fire-sale site? Read More >>

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