The company managed high street cost savings of £11m in the year, which widened margins, helping profits up.

Embattled retailer to close remaining 91 stores and exit from Britain's high-street.

Retailer had already announced that 102 stores would be scrapped.

The retailer's administrators said it has received no acceptable offer for the business.

Administrator Moorfields Corporate Recovery said more than two in 10 of the job losses will fall across Scotland.

The embattled retailer's administrators say the news will be extremely upsetting.

Dixons agreed to pay €69m to rid of loss-making Pixmania business.

Holman tells IBTimes UK about group's strong results and insurance industry outlook.

Debenhams shares gain about 8 percent on better second-half forecast.

After rescuing the chain from administration, Hilco is now planning 400 job cuts at HMV, targeting cashiers, security guards and supervisors

Research shows cost of running retail businesses has risen by £20bn since 2006.

Republic follows Jessops, HMV and Blockbuster as the latest high street casualty.

GAME's CEO wouldn't rule out the possibility of purchasing 45 HMV stores after the chain officially entered administration

Sales volume fell despite annual Christmas shopping rush.

EE is planning to close 78 of its high street stores, but unlike HMV, Blockbuster and Jessops no jobs are under threat.

Mobile device retail sales growth is staggering 304 percent year on year in 2012.

Around 4,200 jobs at risk as Deloitte called in to Blockbuster UK, the latest casualty on Britain's high street.

The sad end of an iconic British retailer should not mask the tremendous benefits of the online revolution.

HMV boss Trevor Moore optimistic as administrators look for buyers and try to save jobs.

Struggling entertainment retailer says it may breach terms of its bank financing in January as sales slump

Few new releases in music, visual and games markets impact sales.

Waterstones' UK stores will sell Amazon's Kindle ebook reader and the high street book retailer will launch its own in-store ebook service.

Shares in HMV rocket, despite the UK retailer posting a decline in profits and sales, after the group pledges a return to profit for 2012 and 2013.

It is Game over for the videogame retailers, but how did it come to this?

Sales are down and losses are bigger at HMV Group, as its interim results show how crucial the festive period will be for the entertainment retailer.

Just as tech giant Sony reels from the public's loss of trust, one of its biggest insurers has taken it to caught claiming that it is not liable for any of the losses resulting from the PlayStation Network hack.

Shares in HMV were down on the FTSE in morning trading after the group announced the sale of its business in Canada.

With E3 out of the way and the sun beginning to set on the current generation of home entertainment consoles, recently released sales figures have revealed that Microsoft's Xbox 360 is currently beating Sony's PS3 in overall sales.

With LulzSec having just issued a statement promising to continue its ongoing cyber-war against tech giant Sony, many analysts have begun to speculate just how damaging the groups continued assault could be on Sony's forthcoming PlayStation Vita console.

Shares in HMV were up on the FTSE after the retailer announced that it had entered into revised term and revolving credit facilities of £220 million with its banks, replacing its existing bank facility of £240 million.