Alert Data News | Business | Companies | UK | Newsagents, books, music, video

WH Smith Plc

Tue, 15 May 2012 08:55:15 +0100

Potential bid for Clinton Cards - business expansion strategy
Newspapers, books and stationery group WH Smith is believed to have lodged an expression of interest in acquiring Clinton Cards with administrators at Zolfo Cooper. It is believed that the acquisition of Clinton Cards stores could increase the speed of WH Smiths expansion and strengthen its greetings cards and gifts business.

Amazon.Co.UK Ltd

Thu, 03 May 2012 08:38:32 +0100

Profits above expectation for online store - Sales up on tablet computer - Revenue rises
Online store Amazon has recorded first quarter profits for 2012 above expectations as a result of high sales of the Kindle Fire tablet computer. In addition revenue from the companys sales of digital movies and books has increased. Tom Szkutak is Chief Financial Officer at Amazon.

Smiths News Plc

Fri, 27 Apr 2012 08:31:51 +0100

Revenues upto £893.2m - Profit upto £21.5m - Company Growth - The Consortium Acquired
Smiths News has recorded for the six months to 29 February 2012 total revenues of £893.2m, up from £872.3m for the same period last year, and an increase in underlying profit before tax from £19.2m in 2011 to £21.5m. The company has also acquired educational supplies business The Consortium for aggregate consideration of £38m, equivalent to an enterprise value of £44.1m. The company expects the acquisition will add £64m of revenue to the group. Mark Cashmore is Group Chief Executive.

Amazon.Co.UK Ltd

Fri, 27 Apr 2012 08:07:52 +0100

Launches new ecommerce site - AmazonSupply.com
US-based online marketplace Amazon has launched AmazonSupply.com, a business-to-business e-commerce site. AmazonSupply.com offers 500,000 items, including office products, tools, janitorial supplies and laboratory equipment, to help business and industrial customers streamline their buying process. Prentis Wilson is vice president of AmazonSupply.

WH Smith Plc

Tue, 24 Apr 2012 10:49:48 +0100

Total Sales down to 66.5m - Like for like sales down 5 percent - Profits upto 66m
Bookseller and general retailer WH Smith saw like-for-like and total sales fall in both its main divisions in the six months to the end of February 2012 but profits were up. Total sales were 665m (2011: 686m) with LFL sales down 5%. Total profits before tax were up to 66m from 64m. Kate Swann is Group Chief Executive.

Amazon.Co.UK Ltd

Fri, 13 Apr 2012 08:49:37 +0100

Amazon.com most relevant to consumers - named No. 1 Internet Retailer
US-based e-retailer Amazon.com Inc was selected as the retailer that is most relevant to consumers in a survey conducted by Brodeur Partners. Amazon beat major multichannel retailers including Target, Wal-Mart and Best Buy Co. Amazon.com was placed first in Internet Retailers Top 500 Guide.

Amazon.Co.UK Ltd

Mon, 02 Apr 2012 04:13:23 +0100

Online retailer acquires Kiva Systems - technology investment
Amazon.com Inc has acquired Kiva Systems which sells robotic warehouse technology that automates much of the fulfillment process. Kivas robots use software which instructs them how to find ordered products on portable racks and bring them to warehouse pick-and-pack stations.

HMV Group PLC

Thu, 29 Mar 2012 08:42:55 +0100

Consolidating internet fulfilment operations - expansion in Birmingham - closing Guernsey warehouse
Entertainment retailer HMV is closing its Guernsey warehouse in July 2012, with the loss of 46 jobs and consolidating internet fulfilment operations in Birmingham, where new jobs could be created. Tax relief on goods such as compact discs sent from Guernsey and Jersey is ending. Year to April 2011: turnover £1.15bn, 13801 employees.

HMV Group PLC

Fri, 23 Mar 2012 14:49:02 +0000

HMV Live disposal ongoing - rumoured £65m bid from AEG
HMV Group Plc has confirmed that the sale of HMV Live, its profitable live gig division, is ongoing, and that a number of parties have indicated an interest in acquiring the business. There is speculation that O2 Arena owner AEG is seeking to buy the division for £65m.

Smiths News Plc

Tue, 13 Mar 2012 09:38:16 +0000

Company Expansion - New Birmingham Depot - 40 Jobs Lost
Swindon based newspapers, magazines and books wholesaler Smiths News, has opened a new purpose-built, 55,000 sq ft depot in Birmingha to replace the operations of Birmingham, Redditch and Coventry. Mark Cashmore is Chief Executive.