Tag Archives: retail

UK games market up 9.6% YoY, reached £3.3bn in 2017

The Entertainment Retailers Association released its annual report on the entertainment market (video, music and games) and found it has broken a new record in 2017 by reaching £7.24bn – a 8.8 per cent increase year-on-year.  The video games market hit £3,353bn in 2017, which represented a 9.6 per cent …

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Nintendo to crack down on early selling

Retailers across Europe face the possibility of receiving their Nintendo stock a lot later in the future. Games Industry reports that retailers will in future be receiving their games far closer to the official launch date than they have previously. The platform holder merely confirmed that “it is ‘consistently reviewing …

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GAME posts £10m loss

Retailer GAME has reported a pre-tax loss of £10m for the year ending July 2017. In contrast, in the previous year it posted a £1.1m profit. Revenue was down 3.6 per cent year-on-year at £782.9m, while gross profit fell 5.7 per cent to £205.1m. As always, a “challenging” market was …

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Consoles games market is nearing 50% digital tipping point

The move from physical to digital is happening faster than most analysts had predicted. A report from Games Industry shows that in some instances, triple-A console titles are seeing as much as 45 per cent of their sales being claimed by digital. Indeed, Activision just yesterday revealed that digital sales …

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Physical entertainment market grows for the first time since 2014

Data from Kantar Worldpanel suggests that physical games sales have enjoyed a surprise surge. UK physical entertainment spend for the quarter ending September was up 2.2 per cent across all sectors, but it was video games that saw the strongest growth – 26 per cent. That offset decline of 5.4 …

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GameStop introduces pre-owned PowerPass rental service

Retailer GameStop has sort of just become a Blockbuster for games. Kotaku reports that its new PowerPass program offers a six-month membership program for $60. Once signed up, members can pick up games from the retailer’s pre-owned library and play them for as long as they want. There’s no limit …

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Why Daedalic’s point-and-click adventure The Pillars of the Earth will be a hit on consoles

As the physical edition of Daedalic’s point-and-click adventure The Pillars of the Earth hits shelves today (September 8th), CEO Carsten Fichtelmann (pictured below) has told MCV he hopes the PS4 and Xbox One versions of the game will be a hit with players despite the genre being a difficult sell …

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Resident Evil 7 Gold Edition returns to retail this December

Capcom’s Resident Evil 7 will be returning to retail with a new Gold Edition on December 12th later this year, the publisher has announced. Available on PS4, Xbox One and PC in both physical and digital versions, the Gold Edition will feature all the original content from the original game, …

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Samsung partners with Xbox One X for exclusive US marketing and retail deal

The US branch of Samsung is teaming up with Xbox for an exclusive marketing and retail partnership around the Xbox One X, the electronics manufacturer has announced. The deal will see Samsung’s flagship line of QLED TVs become the official 4K TV partner for the console, allowing gamers to experience …

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Gameseek boosts marketplace by discounting AAA titles to just £15

Online retailer Gameseek has informed MCV that it’s shaking up the games retail space with some very aggressive pricing. CEO Stephen Staley says that the site is now "selling AAA new releases as low as 15 each." The intitial promotions are set to cost the company 250,000 but that’s just …

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