Retail

GAME in Sainsburys stock swoop

The industry was rocked by heavy discounting this week, as High Street giants GAME and Gamestation joined independent retailers in buying extra stock from supermarkets. The latest round of price slashing kicked off at Sainsbury’s over the weekend, with the retailer cutting 30 off the price of Xbox 360 and …

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PS3 FIFA 09 slashed to £25 at Morrisons

Supermarket chain Morrisons has slashed the price of FIFA ’09 on PlayStation 3 to 25, MCV can reveal. The deal is set to run for two weeks, and follows Tesco and Asda’s FIFA price promotions, which came to an end on Monday. This offer was a last minute decision,” explained …

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Asda considers bypassing EUK

Asda has asked around 15 of its entertainment distributors to set up direct accounts, should its relationship with Woolworths-owned buying team EUK ‘suddenly deteriorate’. And the supermarket has even admitted that it could be tempted into buying EUK as a last resort. That’s according to Cue Entertainment, which reports that …

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Brain Training leads DS Store offering

Nintendo of America boss Reggie Fils-Aime has confirmed that both Dr Kawashima’s Brain Training and More Brain Training from Dr Kawashima will be available on Nintendo’s recently announced DS-Ware download store . Joystiq reports that Reggie also says both titles would be ‘retooled’, presumably to make the most of the …

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Supermarket stock shock looms as EUK relations falter

MCV understands that UK publishers are increasingly wary of pushing stock through EUK ahead of the Christmas rush – and are considering cutting out the distributor entirely. The mayhem began on September 17th, when the Woolworths Group PLC reported a 100m loss for the first half of the year. Two …

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GameStop acquires French games chain

The world’s largest games retailer GameStop has made a major stride into the European marketplace with a shock deal to acquire French chain Micromania. The deal gives the US giant 332 stores in France, increasing GameStop’s European store count to 1,077. The transaction is worth approximately $700 million (€480m) and …

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Blockbuster: Pre-owned leads the way

Blockbuster Entertainment has dramatically increased its presence in the video game space this year – and now the outlet has targeted the pre-owned market as it looks to compete with the specialists. The rental chain told MCV recently that its new Total Entertainment store concepts will see it step away …

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GAME posts record first half profits

UK retail’s leading games specialist is in rude health, having revealed its interim results for the first six months ended July 31st 2008. The main highlights were record first half profits of 36.4m before non-recurring costs and tax, total Group sales growth of 54.1 per cent and a like-for-like sales …

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HMV joins the British Retail Consortium

HMV Group is to join the British Retail Consortium (BRC). The announcement will be made at the BRC’s Annual Retail Industry Dinner tonight. British Retail Consortium director general Stephen Robertson said: "At a time when retailers are scrutinising all their costs, HMV’s decision to join us is clear evidence of …

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Halo 3 update arrives as new game touted

Developer Bungie has today released the latest in a long-line of significant updates to its globally popular Xbox 360 title Halo 3 – whilst at the same time dropping even more bizarre hints about the direction of its seemingly soon-to-be revealed new title. The new Halo 3 update, dubbed TU2, …

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