Retail

HMV poised to return to profitability

Sales at entertainment retailer HMV fell 19.4 per cent year-on-year for the 52 week ending April 28th. Like-for-like sales fell 11.7 per cent during the period. For the 17 weeks ending April 28th total sales fell 19.2 per cent and like-for-like sales fell 12.9 per cent. Profits are expected to …

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More Sonic accessories due in September

Peripherals specialist Lazerbuilt has secured the rights to Sonic the Hedgehog. The firm will produce accessories for consoles and mobile devices.The range is due to arrive at retail this September. Lazerbuilt says it will not only target children aged between seven and 12 years old with Nintendo 3DS and DS …

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Valve launches remote Steam download service

Steam users can now initiate downloads and manage their games through a web browser or mobile device. A new Steam Beta client has gone live which, once installed, lets users download titles while they’re out which will become ready to play when they get home. Players have to make sure …

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Argos owner suffers 60% profit slump

The Home Retail Group has suffered a 60 per cent year-on-year decline in profits after a poor performance from Argos. The Home Retail Group’s profits fell from 265.2m last year to 90.2m. The main culprit was Argos, whose sales declined seven per cent to 3.8bn. While the Group’s performance in …

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Minister dampens Sunday trading hours hopes

Hopes of a more permanent relaxation of Britain’s tough Sunday trading laws appear to have been dashed. The coalition Government had previously announced plans to relax Sunday trading regulations throughout the London Olympics. Some had hoped that the changes would be preserved permanently if proved successful. However, Retail Week quotes …

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Toys R Us facing financial struggle

The owners of Toys R Us are expected to appoint the finance firm Cairn Capital to help in the restructuring or refinancing of debts of 400 million, according to The Sunday Times. The toy specialist is considering its options, including adding new equity and extending debt repayment deadlines. The current …

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BBC reveals free-to-play Strictly Come Dancing game

Strictly Come Dancing: The Game. It’s real. And it’s free to play. And you can play it now. It may not be as obvious and natural a fit as the BBC’s other gaming license – Doctor Who – but as BBC Worldwide digital entertainment and games boss Robert Nashak observes: …

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GAME running 99p Sniper Elite V2 offer

Sniper Elite V2 can be had for as little as 99p on the High Street this Friday thanks to GAME’s latest trade-in offer. Customers can trade-in any two of the following games to be eligible for the price – Assassin’s Creed Revelations, Batman: Arkham City, Battlefield 3, Modern Warfare 3, …

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Baker becomes Game Retail Limited

Game Retail Limited is the UK’s new leading High Street video games retailer. It’s the new permanent name for the Baker Acquisitions Limited, the OpCapita owned company that acquired the UK assets of GAME Group’s UK operations on April 1st. GAME Group Limited remains in administration, with administrator PwC in …

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Jay-Z launches Facebook game

Hip-hop star Jay-Z is to expand his empire with the release of a Facebook game called… Empire. Mashable reports that the game sees players go from hustler, to entrepreneur, to business mogul”, as the iconic rapper himself did. Empirebegins by giving you a slew of ways to earn points and …

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