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Report: One third of UKs games retailers are under threat - MCV

Report: One third of UKs games retailers are under threat

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A new report from

Research and Markets

states that 33 per cent of the companies it analysed are ‘in financial danger'.

It goes on to say that nine of the companies surveyed, including the likes of GAME, Gamestation, Woolworths and Blockbuster, ‘are blatantly selling at a loss to capture market share.'

Of the 30 companies investigated, average pre-tax profit was 0.7 per cent, while average sales growth stood at eight per cent.

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