Game industry business news

Italy to catch UK as Hypermarkets arrive

The Italian video game market has begun to approach the maturity of its European counterparts, France and the UK, as strong retail chains cash in on opportunities for growth. While the market has grown by almost 25 per cent over the course of 2008, it is still seen to be …

Read More »

The rise of The Hut

Could you tell us how TheHut.com started up?TheHut.com was formed in 2004 by Matthew Moulding and John Gallemore. They recognised the opportunity in online retailing and created the business on the back of that. As well as our retail site we also run a white label business. How does your …

Read More »

Asda firing on all cylinders after EUK collapse

Asda has claimed that it is buying entertainment stock at the same rate as it did before EUK – its exclusive supplier – went into administration. Asda general manager for music, video and gaming Ferghal Gara told MCV: It’s business as normal at Asda this Christmas thanks to the contingency …

Read More »

HMV’s top dog

How has 2008 been for HMV in terms of sales and customer satisfaction? As our results over the past six months show, our trading has been decent considering everything going on with the economy, and we’ve been holding our own against the competition. Games have helped drive this trading performance. …

Read More »

EUK legacy looms large over frantic market

Suppliers burnt by EUK’s demise disagree over whether to feed Zavvi with Christmas stock that will help it pay off its huge debts. MCV understands that some of the UK’s largest publishers have reclaimed stock from EUK administrator Deloitte and are now trading direct with individual Zavvi stores – after …

Read More »

Woolworths demise robs UK of third largest games retailer

The UK faces losing its third biggest video games retailer in the wake of the Woolworths collapse, representing an annual market value of 137 million, MCV understands. Figures from market analyst firm TNS Global show that sales of video games at Woolworths accounted for 8.2 per cent of the total …

Read More »

Were the Daily Mails whipping boy, says Sony boss

Sony Europe President David Reeves has told MCV that he believes games are still the whipping boy” in the British media. In our exclusive interview, he said: In a sense, but often you get the impression that for the likes of The Daily Mail and Keith Vaz we’re the whipping …

Read More »

US: GameStop launches DS reservation scheme

DS stock seems to be a festive issue in North America – GameStop has launched a program allowing consumers to reserve a Nintendo DS and have it delivered to them within a month. Reservations must be made in person at any US GameStop store. Consumers must make pay the full …

Read More »

Sharp hit with DS screen price-fixing fine

According to Edge, The Japan Fair Trade Commission has fined Sharp $3 million for price-fixing LCD displays used in Nintendo’s DS Lite. The Trade commission sent a cease-and-desist order to Sharp, claiming the firm had colluded with Hitachi to control the price of displays, which violates Japan’s Antimonopoly Act. Sharp …

Read More »

Tomorrow is the biggest day for UK retail

Global credit giant Visa has claimed that tomorrow, Saturday December 20th, will be the busiest day on the UK High Street this Christmas. The firm expects to process over 15 million transactions throughout the day, totalling around 750 million. To be even more specific, Visa says the busiest five minutes …

Read More »