Tag Archives: increase

US retailers see PS3 sales spike

Two of North America’s leading retailers have reported significant uplifts in sales of PS3 consoles. This is thanks, of course, to the recent Sony PS3 price cut that came into effect in key territories on Tuesday. "In terms of recent trends, clearly, we’ve had two major events recently with the …

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HMV predicts big PS3 boost in UK

The newly-announced PlayStation 3 price cut will provide a substantial sales boost” to the UK games market, says HMV. Sony revealed at its Gamescom press conference this week that the console will now retail at 199.99. The price cut has taken effect immediately. Speaking to MCV, HMV’s head of games …

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Nyko ‘fixes’ Kinect space demands

A new accessory from peripherals maker Nyko is targeting those who lack the necessary living room space needed to play with Microsoft’s Xbox 360 Kinect. Called the ‘Zoom’, the device attaches to the top of Kinect and adjusts its viewing angle. Nyko says that using it "reduces the play range …

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PS3 trade-ins ‘up 200%’

Retail sources have for the first time indicated that PS3 console trade-ins have dramatically risen as the controversial PSN outage continues. In the first week of downtime we did not really see any major change in sales or trades,” an unnamed store manager ‘at a major UK retailer’ told Edge. …

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New 360 discs get 1GB boost

Tech blog Digital Foundry claims to have word that the "updated disc format" being trailed on Xbox 360 adds around 1GB of extra capacity to DVD discs. It says the new standard is called XBG3. Current Xbox 360 discs have a capacity of 7.95GB, though 1.15GB of this is dedicated …

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Dev budgets have ‘tripled’ on 3DS and NGP

The arrival of two new handheld platforms will bring high-end mobile technologies to the market, but also a significant increase in project budgets, according to developers working in the field. One studio head told Develop that 3DS launch titles clearly have budgets two-to-three times what typical DS games have seen …

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Retailers make VAT pledge

Retailers have adjusted the price of games following the VAT rise. With margins already tight, stores have passed on the increase to customers to maintain profit. GAME, Gamestation, HMV and Argos are among the High Street retailers which have raised prices, while online firms Amazon, Play and ShopTo have also added …

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VAT increase sees games prices jump

Leading UK games retailer GAME has confirmed to MCV that it has increased the price on some of its products as a result of the VAT increase that came into effect in the UK overnight. However, the chain has pointed out to MCV that it still offers a market-leading price …

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VAT rise arrives at UK retail

The High Street is bracing itself for a slowdown in sales this year due to the VAT increase. A study by the Centre for Retail Research, in association with online shopping group Kelkoo forecasts that consumers will spend an average of 324 less in 2011 because of the VAT increase. …

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Retail told to pass on VAT increase

Major UK distributors have advised games retailers of new SRPs to accommodate next month’s VAT increase, confirming that trade prices will not be lowered. Earlier this month retail pleaded with suppliers to lower their trade prices so as to remove pressure to lower margins. If this isn’t done, retailers may …

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