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20 JANUARY 2013

HMV's woes do not signal the end for record shops

"But, for once, the smaller independent retailers could be among the winners. Despite HMV's inability to make high street music retailing pay, many independent record shops are already reporting higher demand and sales, due partly to a backlash against Amazon's tax set–up and the difficulty of stumbling across unexpected gems online.

Stephen Godfroy, co–owner of Rough Trade, a chain of three London shops including a 500 sq m (5,000 sq ft) warehouse off Brick Lane, east London, said business is 'the best it's ever been' in the company's 36–year history. He said Rough Trade sales in the latest quarter were up 8% on the previous year and the company is in the process of launching a new online store and an outpost in Brooklyn, New York.

'UK music is in rude health, despite the woes of the last outdated chain of entertainment retailer,' he said. 'The collapse of HMV is sad but ultimately a necessary process of renewal that will result in a significantly brighter future for UK music consumers.'"

(Rupert Neate and Martha Thomas, 16 January 2013, Guardian News and Media Limited)

Fig.1 The Silent League [http://www.silentleague.com/] play in the intimate performance space at the back of Rough Trade [http://irocklondon.blogspot.co.uk/2010/07/vinyl–paradise–with–occasional–live.html].

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TAGS

Amazon.com • backlash • Brick LaneBrooklynchain storeeast London • entertainment retailer • high street music retailer • high street retailerHMV • independent record shops • independent retailersindependent shopsLondon • music consumer • music sales • New York • outdated chain • process of renewal • renewretailingRough Trade • rude health • salessimilitudeStephen Godfroystumbling acrosstax • The Silent League • UK • UK music • unexpected gems

CONTRIBUTOR

Simon Perkins
09 SEPTEMBER 2011

Tesco opens virtual store in South Korea

"Tesco Homeplus in South Korea has opened what it claims is the world's first virtual store in Seoul subway, following an initial trial in July.

Using the walls of the Seonreung subway station in downtown Seoul, Tesco has displayed more than 500 of its most popular products with barcodes which customers can scan using the Homeplus app on their smartphones, then get it delivered to their homes.

It opens on the same day that in the UK Ocado unveiled its virtual shopping wall at London's One New Change shopping centre.

In Seoul, Tesco shoppers scanning products on their way to work can get a delivery that evening if the order is placed before 11.30am. The store will be open for three months.

It follows an advert Tesco ran in South Korea in July for a virtual shopping wall, created by Cheil Worldwide. The initial launch created excitement so Tesco decided to push ahead with a full launch."

(Jennifer Creevy, 25 August, 2011, Retail Week)

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TAGS

2011barcode • Cheil Worldwide • digital storedigital storefrontdigitally enhanced shop • downtown Seoul • dwell time • home delivery • Homeplus app • Koream-commercemobile commercenon-place • One New Change (shopping centre) • QR codesQuick Response coderetail conceptsretail spaceretail storeretailing • Seonreung subway station • Seoulshoppingshopping experiencesingle-minded spacesSouth Koreastore of the futurestorefrontsubwaytechnological innovationTesco • Tesco Homeplus • UK Ocado • virtual shop • virtual shopping • virtual shopping wall • virtual store

CONTRIBUTOR

Simon Perkins
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