Tag: Waterstone’s

HMV profits and sales fall

HMV profits and sales fall

Music, books and games retailer HMV has today reported a pre-tax profit of £28.9 million in the 12 months to the end of April – a fall of 61% compared with the £74.2 million in the same period a year earlier. Furthermore, like-for-like sales have dived 11% over the past year as it struggles with [...]

June 30, 2011 | 0 Comments More
Struggling HMV secures future with refinancing agreement

Struggling HMV secures future with refinancing agreement

Shares in troubled music, books and games retailer HMV have risen today after it emerged that it has secured a new refinancing deal with its lenders. The deal, worth £220 million, will see the taxpayer taking a stake in the company. The group’s main lenders are taxpayer-backed Royal Bank of Scotland and Lloyds Banking Group. [...]

June 7, 2011 | 0 Comments More
HMV to sell Waterstone’s for £53m

HMV to sell Waterstone’s for £53m

May 20, 2011 | 0 Comments More