Retail

After years of speculation, a major US games retailer has finally promised to take on GAME in the UK – and the shock news is it’s not GameStop. Play N Trade, which boasts that it is the fastest-growing specialist chain over the pond, has unveiled a battleplan that could see …

Supermarket giant Tesco plans to build a chain of department stores in town centres across the country, designed to rival the likes of Debenhams, Marks and Spencer and BHS, according to a document obtained by Property Week. The shops will concentrate on non-food ranges such as clothing, homewares and toys. …

Infinity Ward, developer of Call of Duty 4, has cited piracy as the main reason for the decline in PC gaming. Infinity Ward’s community relations manager expressed his amazement in a blog entitled They Wonder Why People Don’t Make PC Games Any More. To read the story in full, head …

In its final report published today, the Competition Commission has concluded that GAME’s 74 million acquisition of Gamestation may not be expected to result in a substantial lessening of competition in the markets for the supply of gaming software, consoles and related accessories in the UK.” But the report reveals …

A strong Christmas has topped off what has been a bumper year for UK High Street retailer GAME. For the six weeks ending January 12th, total group sales including those from acquired rival Gamestation were up by 76.3 per cent compared to the same period last year. Like-for-like sales increased …

Whilst many across the retail community have been counting the cost of a disappointing Christmas period, the games market has seen yet another bumper festive period on the High Street. In the week that the retail analyst SPSL stated that many days during the Christmas period retail performance were ‘hugely …

The world’s largest games retailer GameStop has reported its sales for the nine-weeks ending January 5th 2008 – and much like its UK counterpart games, it enjoyed a hugely successful Christmas. Total sales for the period were $2.3 billion, a 34.7 per cent year on year increase. The top five …

Zavvi has released results based on its first Christmas since it began trading under its new name, and reports a year on year sales rise comapared to Virgin Megastores’ 2006 festive period. The new chain boasts a 10.8 per cent increase in sales on the previous year when trading as …

DSGi has lowered its profit expectations by 40 – 50 million for the year, following disappointing sales over the Christmas period. For the 11 weeks ended December 29th 2007, like for like sales dropped by one per cent, which the group claims is down to generally weaker consumer markets. Overall …

GAME’s sales have rocketed by a mighty 89.1 per cent in 2007 – and CEO Lisa Morgan says there’s more to come before the year is out. Like-for-like sales soared 44.1 per cent in the same period – the 45 weeks ending December 8th. We’re really pleased with the performance …