Retail

Huge Xmas sales leap at GAME

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 …

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Games bucks retail downturn trend over Christmas

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 …

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GameStop reveals record festive sales

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 …

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Zavvi boasts strong sales after debut Christmas

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 …

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DSGi suffers disappointing Christmas

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 …

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More to come following stellar results for GAME

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 …

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Dixons faces FTSE de-listing

DSG International is facing the prospect of being de-listed from the FTSE 100, after a string of profit warnings, sluggish sales and over anticipation of demand by the owner of some of the UK’s biggest retail brands in the UK, including Currys, PC World and Dixons. For the full story …

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PEGI rating system implemented in Austria

The Viennese Provincial Government has decreed to adopt the PEGI age rating system in order to more efficiently restrict young peoples access to adult themed video games in Austria. The Viennese Youth Protection Act will need to be amended in order for the system to be built into the law, …

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Comet looks to games after refit

Electricals specialist Comet has refitted its 85 stores with a bigger, bolder console hardware offering after a bumper year of sales. The retailer has seen huge growth within its games department over the last year, and has moved to capitalise on that by giving interactive entertainment a far greater in-store …

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Games spearhead HMV growth

UK retailer HMV has announced its financial results for the 26 weeks ending October 27th, which show profits of 25.9 million, a big improvement on the 26.1 million loss in the same period last year. Total sales for the period hit 790.2 million, up from the 767.2 million in the …

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