Tag Archives: walmart

Leading financial and retail experts are all eyeing up a move for GAME Group. But as-of-yet only one has made a firm offer. Some GAME rivals have even readied funds in preparation of a possible administration – with the firm’s 19.4m loyalty card database and GAME.co.uk domain amongst the targets. …

Investors believe that Walmart is prepared to offer 12p per share to buyout GAME Group. News of Walmart’s approach to GAME was revealed exclusively by MCV this afternoon. As recently as Monday, GAME shares plunged to an all-time low of just 0.5p. However, rumours of a buyout today have seen …

MCV understands that American retail giant Walmart has made contact with GAME about a possible acquisition of the retailer. Walmart is the world’s 18th largest public corporation with over 9,000 stores worldwide. It is also the owner of UK supermarket Asda. In 2011 it generated worldwide revenue of $422bn. In …

If you’re one of those people who thinks that queuing up outside a shop in the middle of a night to ensure you’re first in line for a sale the next morning is mental, then try this one for size. Scenes of chaos gripped a US branch of Walmart on …

Gaikai has joined forces with the world’s largest retailer to bring its games streaming service to Walmart.com. The new Game Center section of Walmart’s website now allows users to play PC titles using Gaikai’s service for free, according to VentureBeat. If they like the game, they can then purchase it …

After rumours surrounding the release of Team Ico Collection on PS3, fresh claims have emerged that suggest the game will cost around 24.99. The game has been listed on Walmart’s website with a release date of April 1, 2011. The US retailer has also priced the bundle at $39.82, which …

Walmart owned supermarket chain Asda has suffered a second successive year-on-year decline in quarterly sales. For the three months ending June total sales fell 0.4 per cent. This follows a 0.3 per cent in the preceding quarter. In the period Asda’s grocery sales increased by 1.9 per cent, though compares …

In its latest move to up the market share it enjoys in the video game sector, retail giant Walmart has launched a brand new website focused specifically on its video games offer. Dubbed Gamecenter, the portal offers news, previews and discounts to members. In fact, US consumers who log on …

It has emerged that GameStop CFO Cathy Smith has resigned from the global games retailer after just six months in the role to take up the role of CFO at US retail giant Wal-Mart. Current chief accounting officer Robert Lloyd, who has been at GameStop for 14 years, is to …

Nintendo of America president Reggie Fils-Aime has revealed the DSi has shifted more than 2.2 million units in North America alone. In an interview with CNBC, the Nintendo exec praised the strong performance of the new handheld, expecting this success to continue in the upcoming holiday season. Fils-Aime also discussed …