Retail

Financial analysts have hit back at a damning Goldman Sach’s report on retailer GAME. John Stevenson from Peel Hunt and David Jeary from Investec have said GAME’s recent Strategy Update shows the company is doing the right things to ensure future profitability. Their statements follow a report from Goldman Sachs, …

The average price of a video game last year was 24.32, Chart-Track data has revealed. That number is a 7.2 per cent increase over 2009, where the average price was just 22.69. Surprisingly, it was supermarkets that increased prices the most. The average price of a game at a grocer …

HMV has launched a new Android and iPhone app that tells gamers how much their games are worth. Players can scan the barcode of their game (or in-put the details manually) and they app will come back with the most up-to-date price the gamer can expect to receive if they …

505 Games’ Zumba is the UK’s No.1 video game this week. Although seeing a week-on-week decline in sales after shooting to No.2 last week, the fitness game’s weekly sales still outstripped those of EA’s Crysis 2, last week’s No.1. Sales of Zumba were down 49 per cent, but Crysis 2 …

Amazon defeated the supermarkets to be crowned best general retail at the MCV Awards last night. The firm was the only online company in this new category. The specialist retail prize was scooped by GAME, having missed out on winning any awards last year. Meanwhile, star store was awarded to …

GameStop plans to enter the fast-growing tablet computer market – and may even build its own games-oriented one. The word from the retailer comes a week after it bought two games download technology firms – Spawn Labs and Stardock’s Impulse – in a bid to grow its stake in the …

Dish Network has bought Blockbuster in a $320m deal. The second-largest satellite TV company in the US snapped the company up through a bankruptcy auction, beating competition from Carl Icahn and a group od debtholders. The transaction still needs to be approved by a bankruptcy court however. Dish Network’s EVP …

MCV readers and awards guests are being asked to help raise 4,000 for Gamesaid. You can donate now, on the night or after the awards to help the industry’s charity, which has been doing fantastic work to help the lives of children and young people. Over 620 retailers, media and …

A reshuffle at Dixons Retail has seen its Nintendo buyer promoted. Christopher Rogers has taken on the role of category manager for gaming, and is now responsible for titles across all formats. He will report into Home category Tony Puddefoot. Rogers has been working at the consumer electronics firm for …

Gamers could soon be able to buy Xbox Live, PSN or Nintendo points from their local newsagents. That’s if PaySafeCard gets its own way. The firm operates a service where customers can get code print-outs from tills, similar to how mobile top-ups work. It already offers Facebook Credits, as well …