Monday, May 9, 2016

News::HMV is closing the gap with Amazon in the UK

What a difference three years makes. HMV, a company that was teetering on the edge of closure three and a half years ago, has pushed past Tesco to become the UK's second biggest entertainment retailer behind Amazon. The company recorded a 2 percent rise in sales of CDs, DVDs and video games in the three months up to April 10th, giving it a 16.9 percent share of its domestic market versus Tesco's 16.1 percent and Amazon's 22 percent -- its best showing since it re-emerged from administration in January 2013.

Via: The Guardian

Source: Kantar



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