|
Music And Video Club
Music and Video Club (MVC) was a British entertainment retailer, founded in 1989. At its peak, the company operated 82 stores in the United Kingdom, and also sold products over the internet in its later years. The company closed in January 2006 after entering administration. History Music and Video Club (MVC) was founded by former directors of Our Price, another entertainment retailer, who left after it was purchased by WHSmith. MVC took over two video rental stores called 'Titles' in Hendon and Colchester, with its unique selling strategy being centred around offering discounted prices for members, using a dual pricing system whereby members obtained a membership card for a small fee. However, its strategy of locating off the high street to save rental costs led to reduced footfall and as competitors began to reduce CD, video and multimedia prices, this price advantage was eroded over time. It belatedly attempted to locate newer outlets in prime locations but MVC had missed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Administration (law)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (sometimes referred to as a receiver and manager) (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Our Price
OurPrice.com Retail Limited (trading as Our Price) is a British online music and entertainment retailer, and a former music and entertainment retail chain. The original retail chain traded in the United Kingdom and Ireland from 1971 to 2004. Its current online operations were launched in April 2024. History Founded in 1971 by Gary Nesbitt, Edward Stollins and Mike Isaacs, their first store was located in London's Finchley Road. Until 1976, the first six stores were branded ''The Tape Revolution'', by Bob Fowler of Fowler Coates Ltd and concentrated on selling the then-new compact cassette format and eight-track tapes. From 1976, the chain was rebranded as Our Price Records, in response to higher demand for vinyl records over eight tracks or cassettes. In 1988, it was rebranded once again as ''Our Price Music'', as record labels began to distribute the new CD format. In 1993, the by then three-hundred-store chain was renamed for the final time simply as Our Price. The comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Music Retailers Of The United Kingdom
Music is the arrangement of sound to create some combination of form, harmony, melody, rhythm, or otherwise expressive content. Music is generally agreed to be a cultural universal that is present in all human societies. Definitions of music vary widely in substance and approach. While scholars agree that music is defined by a small number of specific elements, there is no consensus as to what these necessary elements are. Music is often characterized as a highly versatile medium for expressing human creativity. Diverse activities are involved in the creation of music, and are often divided into categories of composition, improvisation, and performance. Music may be performed using a wide variety of musical instruments, including the human voice. It can also be composed, sequenced, or otherwise produced to be indirectly played mechanically or electronically, such as via a music box, barrel organ, or digital audio workstation software on a computer. Music often plays a key r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Retail Companies Of The United Kingdom
{{Disambiguation ...
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Companies Based In London
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product In Industry (economics), industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the Product engineering, engineering, Product design, design, and Manufacturing, ma ... * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Disestablished In 2006
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Established In 1989
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fopp (retailer)
Fopp is a British chain of retail shops selling music, film, books and other entertainment products in the United Kingdom. The chain's stores are operated by Sunrise Records, but with the Fopp brand being used under license from Mermaid (Brands) Limited. History Origins The company was setup by Englishman Gordon Montgomery and began as a one-man stall in Glasgow, Scotland in 1981. The name "Fopp" comes from the title of a song by the Ohio Players on their 1975 album ''Honey''. By 2007, Fopp had expanded to become a chain of over 100 branches in the UK. With the demise of rival chain Music Zone, Fopp became the third largest specialist music retailer in the UK in terms of shop numbers (after HMV and Virgin Megastores). Administration Having taken over rival chain Music Zone following its fall into administration, Fopp found itself with cash flow problems. The company cancelled book deliveries in June blaming a change in location of warehouse from Bristol to Stockport (the ol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Administration (insolvency)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (sometimes referred to as a receiver and manager) (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Music Zone
Music Zone was a music retailer in the United Kingdom, formed in Levenshulme in 1984, as a market stall in Longsight, Manchester. History Soon after, Music Zone opened its first permanent shop in Stockport, and began to expand in the Manchester region, rebranding itself to Music Zone Trade Direct and positioning itself as a value retailer. In February 2005, Music Zone was sold in a management buy-out for £12 million, backed financially by the private equity firm Lloyds Development Capital (LDC), as well as funds from the board of directors. In the twelve months to 31 May 2005, the company made a £4,000 pre tax loss on sales of £70.4 million. Then in January 2006, the company bought forty one outlets from collapsed chain MVC, allowing Music Zone to expand nationwide. All stores were branded to 'Music Zone'. The MVC acquisitions took the estate to 104 stores making the chain the third largest specialist entertainment retailer in the United Kingdom, less than thirty stores behi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WHSmith
WH Smith plc, trading as WHSmith (also written WH Smith and formerly as W. H. Smith & Son), is a British retailer, with headquarters in Swindon, England, which operates a chain of railway station, airport, port, hospital and motorway service station shops selling books, stationery, magazines, newspapers, entertainment products and confectionery. The company was formed by Henry Walton Smith and his wife Anna in 1792 as a news vendor in London. It remained under the ownership of the Smith family for many years and saw large-scale expansion during the 1970s as the company began to diversify into other markets. Following a rejected private equity takeover in 2004, the company began to focus on its core retail business. It was responsible for the creation of the ISBN book identifier. The company reached an agreement in 2025 to sell its high street store business to Modella Capital. Upon completion of the sale, that business will be renamed TGJones. WHSmith is listed on the Lond ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks that consists of Private network, private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, Wireless network, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the interlinked hypertext documents and Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, streaming media and file sharing. The origins of the Internet date back to research that enabled the time-sharing of computer resources, the development of packet switching in the 1960s and the design of computer networks for data communication. The set of rules (communication protocols) to enable i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
