MCV/DEVELOP News, events, research and jobs from the games industry
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 »Action 'sStation
Firstly, can you give us an update on the progress made by the Sony games business this year?Two years ago we lost $2bn dollars globally on the SCE business – we thought at the time it was a lot of money, but in perspective with things like Citibank it’s not …
Read More »GameStop depends on core gamers
GameStop will be relying on core gamers to help it through this difficult Christmas period, as the economic recession causes the usual customer shift to be less predicatable than in previous years. The retailer has cut its earnings targets for its fiscal fourth quarter – but the company’s chief executive …
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