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Top related persons:
Doug Putman - 3 Putman - 2 James Davey - 2 PwC - 2 Muvija - 2 Sachin Ravikumar - 2 Edward Elgar - 1 John Lennon - 1
Top related locs:
Britain Wilko London Britain's Dublin Antwerp Westminster Altrincham
Top related orgs:
HMV - 3 Thomson - 3 REUTERS - 2 Black - 1 Oxford - 1 Wars - 1 Marvel - 1 Echo - 1

Search resuls for: "Doug Putman"


3 mentions found


☆ A century after debut, UK music store HMV makes Oxford Street return
  + stars: | 2023-11-24 | by ( James Davey | ) www.reuters.com   time to read: +3 min
The 363 Oxford Street address hosted the very first HMV store in 1921, opened by composer Edward Elgar, and was central to the development of British popular music and culture. "We feel really good on the future of physical stores for retail," Putman told Reuters in an interview. The store will sell 8,000 different vinyl albums, 12,000 CDs, music merchandise and a wide range of music technology. HMV says its vinyl sales are significantly ahead of UK annual market growth of 18%, and account for half its physical music sales. Councillor Geoff Barraclough of Westminster City Council, which oversees Oxford Street, said the HMV store represented what they wanted to do on Oxford Street: "an experience beyond traditional retail".
Persons: Edward Elgar, Doug Putman, Putman, John Lennon, Cher, Elton John, Michael Jackson, Brian Epstein, Epstein, George Martin, Geoff Barraclough, James Davey, Jan Harvey Organizations: Black, Oxford, HMV, Reuters, Wars, Marvel, Echo, Beatles, Westminster City Council, Oxford Street, Thomson Locations: Britain's, Dublin, Antwerp, Westminster
☆ All of UK retailer Wilko's stores to shut, with over 9,000 job losses
  + stars: | 2023-09-11 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023. PwC confirmed that 124 Wilko stores were set to close by Sept. 21, while the timing for the closure of the remaining 222 stores has yet to be announced. Some job losses in addition to those set out on Monday had been announced in recent weeks. Earlier this month London-listed retailer B&M (BMEB.L) struck a deal to buy 51 Wilko stores for up to 13 million pounds ($16.26 million). "Wilko should have thrived in a bargain retail sector that is otherwise strong, but it was run into the ground by the business owners."
Persons: Molly Darlington, PwC, Wilko, Doug Putman, Nadine Houghton, James Davey, Muvija, Sachin Ravikumar, Paul Sandle, Susan Fenton Organizations: REUTERS, HMV, Thomson Locations: Altrincham, Britain, Leicester, England, Wilko, London
☆ HMV owner finalising deal to buy most of collapsed UK retailer Wilko -Sky News
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +1 min
A branch of the discount retail homeware store Wilko is seen in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Aug 31 (Reuters) - Canadian businessman Doug Putman is finalising a deal to buy the majority of collapsed British homeware retailer Wilko from its administrators in a deal which could save up to 9,000 jobs, Sky News reported on Thursday. The administrators are consulting Wilko's biggest creditors about the deal, Sky News said, adding that there was still some uncertainty around whether it would go ahead. Poundland's parent company and B&M European Value Retail (BMEB.L) have also shown interest in acquiring a smaller portion of Wilko stores. Wilko's administrators PwC said earlier on Thursday that there were parties interested in buying the retailer but none of them wanted the whole group.
Persons: Toby Melville, Doug Putman, Putman, PwC, Sarah Young, Muvija, Elizabeth Piper, Sachin Ravikumar Organizations: REUTERS, Sky News, HMV, Thomson Locations: London, Britain, Canadian, British, Wilko
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