Blockbuster Entertainment's new owner has said it is putting the DVD and computer games rental chain into administration
This week the government questioned Mary Portas on the progress of the review and how it's helped to revive the high street, so far. Consequently, the review hasn't been successful and MPs have claimed it was a "waste of time" and a "failure". In response, Mary Portas has stated the government is to blame due to their lack of input. What's clear is a lot of blame has been bandied about, but what's not so clear is how the high street can be saved, and if there's still hope for it.
Could we see two of the high street's retail failures rescued in one week? Retail Week has reported that Hilco, the restructuring
If you still need more evidence that the internet has necessitated a rethink of customer engagement strategies, then you may as well shut shop and protect the few assets and cash-in-hand available to you.
Hasbro has updated the UK version of Monopoly in order to "more accurately reflect the average British high street". Check
Seven of the places I worked at have gone bankrupt... well, make that eight now (I kinda have a curse) - I was a 'seasonal employee' at HMV for two Christmases. I'm still friends with many of the people I worked with at HMV and I see their frustration, anger, and sadness expressed on Facebook. I understand what they are going through because I've been through it too. Here's some tips to help them try and survive this horrible experience with some of their sanity intact.
Maybe we won't end up in a spaceship hovering above the earth in the way that Wall-E foretold but sitting in isolation communicating and doing everything via an Internet connection, like the morbidly obese in the animated hit, could become a dreaded reality if we aren't careful.
How should we feel about HMV's troubles? Appealing to a consumer's sense of nostalgia isn't going to stop people wanting the largest choice of media as inexpensively as possible - something only the internet can now provide.
Could there be some good news to come out of Jessops and HMV falling into administration? A group of pop-up experts is in
Administrators are to close all of the shops in stricken camera chain Jessops, with the loss of 1,370 jobs. PricewaterhouseCoopers