Premium Essay

Hmv Background

In:

Submitted By kid9808
Words 533
Pages 3
HMV Group

(http://www.hmvgroup.com/answers/our-businesses.aspx)

Business
What are the products you sell and who are your customers?
HMV is one of the world’s leading retailers of entertainment products, with a fast-growing live and ticketing division. The HMV brand is synonymous with range authority, expertise, customer service and the most stimulating environments in which to buy and experience entertainment. Our typical customers are enthusiasts, who view each purchase as a high priority. HMV shares the passion of its most loyal customers, and also successfully caters to casual browsers and live music-goers.
How many stores do you have?
HMV operates from over 200 stores, predominantly in the UK, and a portfolio of over 15 live entertainment venues and festivals
How many people are employed by HMV?
Approximately 6,500
Why do consumers shop at HMV?
Faced by infinite choice, customers look to trusted brands to guide them. HMV has established a reputation for unbeatable product range, stimulating environments in which to buy and experience entertainment, enthusiastic knowledgeable staff and value for money. Continuing innovation has enabled us to combine a strong heritage with contemporary appeal, and we intend to keep the brand and it all stands for fresh for our customers.

Markets

What impact is digital piracy having on the HMV business?
The illegal downloading market has undoubtedly adversely affected the physical music market, whilst constraining the growth of legal digital channels. We continue to plan for further declines in the physical music market, both as a result of piracy and the growth of legal digital channels, and to replace these sales with higher-growth entertainment products and by growing in live entertainment and ticketing.
Who are your main competitors?
HMV’s main retailing competitors entertainment are supermarkets, Amazon,

Similar Documents

Free Essay

Hmv Annual Report 2010

...HMV Group plc Annual report and accounts 2010 Contents Overview 1 2 4 6 8 Introduction Strategic progress and future focus Market overview Chairman’s statement Business review The basics Inspirational brands HMV and Waterstone’s are renowned for their specialist appeal, offering the widest ranges of entertainment and books in their markets. Our stores and the people who work in them strive to be always passionate and inspirational about the products we sell, and provide great service and value for money to ensure that our customers get closer to the entertainment they love, or feel every word between the covers of a good book. We attract the most enthusiastic customers in our markets, with over 4 million loyalty card holders across both brands. Business and financial review: 18 Financial review Governance 24 Board of Directors 26 Corporate governance 30 Directors’ remuneration report 40 Corporate responsibility 46 Directors’ report 51 Independent auditor’s report to the members of HMV Group plc Financial statements 52 Consolidated income statement 54 Statements of comprehensive income 55 Balance sheets 57 Statements of changes in equity 59 Cash flow statements 60 Notes to the financial statements 103 Group financial record HMV In-store Online & digital Live HMV is evolving rapidly as an entertainment brand. Our market-leading retail businesses operate through 417 stores in the UK, Canada, Hong Kong and Singapore and transactional local territory websites...

Words: 52166 - Pages: 209

Free Essay

Hmv Business

...Bibliography 1. BBC, 2012. HMV reports Christmas sales slumps. [online]. Available at: http://www.bbc.co.uk/news/business-16465170 [Accessed 15 August 2013]. 2. Boddy, D., 2012. Management: An introduction. 5th Edition. Harlow: Pearson Education. 3. HMV, 2013. About HMV. [online]. Available at: http://www.hmv.com/about-hmv [Accessed 15 August 2013]. 4. Marketline, 2012. HMV group plc. [online]. Available at: http://advantage.marketline.com/Product?pid=2CA30B31-5837-4EB9-99EF-D7B3749813F9 [Accessed 15 August 2013]. 5. Marketline, 2011. HMV Group reports annual loss [online]. Available at: http://advantage.marketline.com/Product?pid=57D452FF-7561-4249-8045-AA3E4FC100EB [Accessed 15 August 2013]. 6. Paine, A., 2009. Driving into Digital. Billboard, [e-journal] Vol. 121 Issue 39, p13. Available at: http://web.ebscohost.com.ueaezproxy.uea.ac.uk:2048/ehost/detail?vid=6&sid=25ec031a-fc2e-4e64-95f8-d3bea2a1ef54%40sessionmgr15&hid=10&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=afh&AN=44488392 [Accessed 15 August 2013]. 7. Wearden. G, 2010. HMV shares plunge as sales fall 16%. The Guardian [online]. Available at: http://www.guardian.co.uk/business/2010/dec/09/hmv-shares-plunge-sales-fall-snow [Accessed 15 August 2013]. 8. Wikstrom, P., 2009. The music industry : music in the cloud. [e-book] Cambridge : Polity. Available at: http://web.ebscohost.com.ueaezproxy.uea.ac.uk:2048/ehost/detail?vid=6&sid=25ec031a-fc2e-4e64-95f8-d3...

Words: 286 - Pages: 2

Free Essay

Buss4 40 Marker

...In 2012, HMV plc spent £25 million on social responsibility projects. In January 2013, HMV entered liquidation. With reference to HMV and/or other organisations that you know, to what extent is acting in a responsible manner important for sustained businesses success. (40 marks) Acting in a responsible manner will always be an important part of a business’s success, as it links into a business’s reputation which is ultimately how the customers and potential customers view the business before decided whether to purchase their goods or services from them. If a business, for example The body shop is renowned for being socially responsible in relation to environmental factors and employee issues, then its reputation will be strong and customers will look highly upon the business, as opposed to a business, such as Nike, who was found out to be using sweat shops and abusing their workers not long ago, to which consumers responded badly. HMV for many years has been a very popular and well established business. So behaving in a responsible matter will have proved to be an evidently important factor in the success of their business, before they entered liquidation. In their 2008 social responsibility report, HMV stated that “HMV Group recognises that its businesses have social and environmental impacts and that we have a responsibility to manage these impacts effectively at a strategic and operational level”. Environmental factors, social responsibility and economic growth are all...

Words: 1197 - Pages: 5

Free Essay

Police Recruitment

...offers to the officers that are currently employed. Just like most jobs the hiring process for the San Antonio Police Department (SAPD) starts with a written application. This application can also be completed online however it must be printed out and turned in to the police department in person. The application consists of basic background information like: full name, date of birth, address, and also past employment history and drug or crime history. Once the applicant has filled out the application and turned it in they will be scheduled to take the written exam. Applicants must pass the written exam with a minimum score of 70 percent. On the same day as the written exam if the applicant passes, the next step is the physical fitness exam. The fitness exam consists of push-ups, sit-ups, running, climbing a five foot wall, and dragging a 180 pound dummy 20 feet. There are minimum standards and according to the "San Antonio Police Department Careers" (2013) website the physical fitness test is a significant struggle for many applicants. Once the physical fitness test has been completed successfully an applicant moves on to the background investigation. The investigation looks at the following things to determine if the applicant is suitable for the department: personal history and character, employment history, military history (if applicable), driving...

Words: 929 - Pages: 4

Free Essay

Radiation

...Angela Li Physics 171 Problem Set 6 Leaking landfill 2014/10/4 Dear citizens: I’m really sorry about the leaking landfill in our city. Many of you may concern the impact of releasing radioactive radon gas on your health but I’m here to assure you that you are not in too much danger and do not have to over worry. First, let’s consider the short-term effects of radiation damage to cells. If a whole body exposes to less than 100 rem (1 Sievert) dose of radiation, people will experience no short-term radiation illness. You will expose to approximately an extra 1 milli-Sievert whole-body dose per year due to the leak. The dose is far below 1 Sievert. So you will not be sick because the cells in your body can repair the tiny damage naturally. Then, I’ll talk about extra risks of getting cancers. According to the Linear Hypothesis which predicts cancer effects at very low levels, each of you will get 4*10^-5 extra risk of getting cancers each day, which is only 0.04 extra cancers. When we expand the time range into a year, extra 14 to 15 people in 1000 of you will get cancers due to radiation. Much fewer people than 14 will actually die from cancer. Even without radiation, about 40% people will get cancer and about 20% of them will die of it. So even if there is no releasing radiation, about 400 people among you will get cancer sometime in your lives and 200 people will die for it. So the danger of getting cancer from radiation is very minimal compared to the natural rate...

Words: 340 - Pages: 2

Premium Essay

Handling Security and Ethical Issues

...Handling Security and Ethical Issues at TBWI Course: IT560-01 Handling Security and Ethical Issues at TBWI A growing concern, especially with the recent information leak at Target, is the issue of security. Outlined are security concerns for TBWI and how best to handle them. In addition to handling security issues, there may be complicated ethical issues that may occur. To best handle these situations, those ethical issues are addressed, with recommendations for how best to handle them. Security Concerns In 2013, B2B International and Kaspersky Lab conducted a Global Corporate IT Security Risks survey and the results were quite startling. In a conservative estimate, “The average damage suffered by large companies from a single serious incident was $649,000. For small and medium-sized companies, the average damage was $50,000” ("Global corporate it," 2013). These damages can be the result of fines, lawsuits, as well as lost revenue from customers, who no longer have faith in the security of the company. It takes many years for a business, such as TBWI, to build a reputation, but it can all be lost in a matter of seconds. Because of this, the following security concerns need to be recognized, with a plan in place for prevention. External threats External threats are those that occur from people not involved with TBWI. These could be competitors or random hackers or thieves. These types of threats can occur at the software and hardware...

Words: 1640 - Pages: 7

Free Essay

Swot Analysis on Five Guys

...INTRODUCTION ABOUT APU APIIT Education Group has risen throughout the years as one of Malaysia's Largest Education Groups tending to all levels of Education. The Asia Pacific University of Technology and Innovation (APU) is amongst Malaysia's Premier Private Universities, and is the place a one of a kind combination of innovation, advancement and imagination works adequately towards planning graduates for huge parts in business and society all around. APU has earned an advantageous notoriety as a honor winning University through its accomplishments in winning a large group of prestigious grants at national and global levels, and additionally a fabulous reputation in creating profoundly employable graduates who can quickly add to industry upon graduation. . Initially settled as the Asia Pacific Institute of Information Technology (APIIT) in 1993 and the Asia Pacific University College of Technology and Innovation (UCTI) in 2004, APU's sound way to deal with supporting school leavers into qualified experts has brought about our graduates being exceptionally looked for after by businesses. With a universal understudy group from more than 110 nations examining in its Malaysian grounds, APU offers a genuinely cosmopolitan learning environment which gets ready understudies well for the worldwide difficulties which lie ahead. While Technology frames a typical center as an empowering influence over its scholarly projects, APU offers a wide scope of projects including territories...

Words: 1726 - Pages: 7

Free Essay

Project 505

...issue with too much responsibility placed on one employee. The accountant serving as the controller and treasurer creates a problem with documentation as you don’t have anyone to verify cash and revenue is accounted for correctly. It’s too easy for one employee to manipulate the books in his favor without a clear segregation of duties. The accountant is leaving checks in his office during the week exposing sensitive information and increasing the risk of theft in the office without securing the checks prior to leaving for the weekend. Access to petty cash is not regulated effectively due to lack of security and poor documentation. There’s a lack of human resource presence in order to complete a competent interview process and extensive background checks on all employees prior to employment. The infrastructure of the company has...

Words: 615 - Pages: 3

Free Essay

Internal Use

...acts as a guidebook for what users are allowed to do with the company’s IT assets. Violation of the AUP can be grounds for immediate dismissal and/or legal actions. Any third party that may need access to our systems will need to adhere to these policies as well and will need to sign an agreement before any access is given. The Human Resources department will be responsible for ensuring that all employees have signed an agreement to the AUP. All employees must pass a background check and their identities verified by HR before any access to Richman’s systems are granted. The Workstation Domain is where most users will connect to Richman’s IT infrastructure. This includes all desktops, laptops, PDAs, smartphones, and tablets. No personal devices or removable media will be allowed to connect to Richman’s system. Any devices or removable media needed to conduct business will be issued by Richman’s IT department and be used for official matters only. Once HR has verified that the person has passed all identity and background checks they will inform the IT department of what access to the system the position requires. The IT department will ensure that a username and password are set up and must be used to access the Richman infrastructure. IT...

Words: 334 - Pages: 2

Free Essay

The One

...SKOOKUM Dear Applicant: Thank you for taking the time to fill out our application. We want to provide the best customer service possible. Your application will be reviewed and screened by our Human Resources department. We want to emphasize that only completed applications will be processed; you are welcome to include your resume with the application. Please fill out the entire application. Providing complete and accurate information on your education, work experience, and skills will help identify whether you are a qualified candidate for the position. Please date and sign the application. If not signed, the application is not complete and will not be processed. An incomplete application may disqualify you from being considered for the position. Additionally, you may not apply for “any position” you must specify what open position you are interested in. If you need any further assistance completing your application please contact Skookum Human Resources at any of following locations. Submit Applications to: Human Resources4525 Auto Center Way~PO Box 5359Bremerton, WA 98312cday@skookum.org[->0](360) 475-0756 1-888-343-0220 (360) 475-0757 (fax)| Again, thank you for your interest in Skookum. Good Luck! Skookum SKOOKUM Job Application Your Name: ___Cocheta Sanders__________________________________________Date:___________________ Welcome to Skookum: America’s Premier...

Words: 2917 - Pages: 12

Free Essay

Bingo

...PIEDMONT AIRLINES EMPLOYMENT APPLICATION | | |PERSONAL INFORMATION | |LAST NAME FIRST NAME |ALIAS OR NICKNAME |SOCIAL SECURITY NUMBER | |MIDDLE INITIAL | |224-71-6419 | |Boswell William D | | | |RESIDENT ADDRESS CITY STATE |PRIMARY PHONE |ALTERNATE PHONE | |ZIP CODE | | | | |720-271-6464 | | |9601 Alfaree Road Richmond VA 23237 ...

Words: 3232 - Pages: 13

Premium Essay

Business

... | |Years Lived at this address: | | If less than 5 years list previous address(s) on back page. | |Home Phone: | | |Cell Phone: | | |E-Mail Address: | | |Confidential Background Check Information | |The information below is required for a criminal background check when working with children. | |Social Security Number: | |Date of Birth: | | |Driver’s License Number: | |State: | |Exp. Date: |...

Words: 593 - Pages: 3

Free Essay

Law Enforcement

...authority, the insurer shall notify the agent when the insurer receives confirmation of the issuance of the certificate of authority. (b) The certificate of authority is deemed effective immediately upon the submission of the request by the insurer; however this does not relieve the insurer of the responsibility of verifying that the certificate of authority has actually been issued. (2) The insurer shall affirm that an investigation on the general character of the agent has been made and that the insurer recommends the agent for a certificate of authority. Such investigation shall include a report concerning the general character of the applicant by an agency not affiliated with the insurer. Such investigation shall include a criminal background check. The presence of any criminal charges or dispositions related thereto must be disclosed to the Department. (3) The Commissioner will provide a certificate of authority renewal listing to all insurers annually. The certificate of authority renewal listing will include all eligible licensees appointed with said company by December 31st of the previous year. All insurers shall renew their certificates of authority annually and pay the required fees. LOOKING UP AGENCY AFFILIATION INFORMATION ON SIRCON Log on to www.sircon.com, At the right of the screen under...

Words: 362 - Pages: 2

Free Essay

Selecting Employees

...Selecting the right employee is crucial for any organization. Organizations may use two or more techniques for this process. Some of these techniques are, interviews, tests, background check, reference, check and more. Implementing these techniques the right way is extremely important, if not employers may face high rates of employee turnover. Introduction The process of selecting employees is critical, and is something every organization goes thru. This process can be time consuming and cost a lot of money. Therefore, organizations must be careful with their selection. Selecting the right employee will be beneficial to the organization long-term and as a result, the productivity and the overall environment of the workplace will benefit. With employee selection involves many procedures, laws, and regulations that must be followed. During the process of selection, employers should keep in mind that the employees would be a reflection of the company. Thus, when selecting employees, employers must follow proper guidelines and steps so that they will only have to do that once. When this is done, employers can diminish employees that would not work efficiently and effectively. Employers use several of techniques for selection of employment. Some of these techniques are background investigations, interviews, tests, and much more. These techniques are use to make sure that applicant is telling the truth by the information they provided. Interviewing There are many ways to conduct...

Words: 1402 - Pages: 6

Free Essay

Paper

...The Boys and Girls Club of Metro Atlanta. From past experience until this very day there needs to be more strict background checks implemented when it comes to the basis of hiring volunteers and employees. If a stronger hiring process is not implemented I really feel that this location of the Boys and Girls in Metro Atlanta will be in a crisis because the wrong individual(s) were perhaps mentoring young adolescents that shouldn’t be. If this continues this could ultimately crush the dreams and aspirations of young mind. Today in 2014 there is a new generation when it comes to technology, and it’s improving each and every day of our lives. So it wouldn’t be a bad idea to take opinions and suggestions from the public within the community area of Metro Atlanta. Atlanta isn’t really a big place for the most part, and everybody knows everybody as it may seem scarily strange. These surveys could deliver information about the needs of The Boys and Girls Club of Metro Atlanta, a comments section for the public, and ideas and information that they can share to better the individuals that mentor the young adolescents within the community. So the question is are the children safe and can parents put trust in the organization when it comes to their children. Discussing the analysis portions of my paper I want to touch basis on not only implementing a firmer background check but also implementing stress tests as well as psychological test as well to be aware if an individual actually...

Words: 1381 - Pages: 6