Retail

Global games retail giant GameStop has reported a 3.4 per cent like-for-like sales boost for the nine weeks ending January 1st. Overall the retailer saw 5.4 per cent growth compared to Christmas 2009. Revenues for the period hit $3.02bn. Hardware sales were up 7.4 per cent year-on-year with Microsoft’s Xbox …

Retailer HMV has vowed to do all it can to protect the jobs of those who will be affected by the 60 store closures announced yesterday. The company will close the outlets – which includes the closure of 20 Warterstones stores – by the end of the year. "We will …

Entertainment giant HMV is facing troubling times as the chain revealed that it is to close 60 stores (including some Waterstones bookshops) over the next 12 months. That number represents 9 per cent of the chain’s 700 outlets. HMV has 285 shops in the UK and Ireland. Shares in the …

Leading UK games retailer GAME has confirmed to MCV that it has increased the price on some of its products as a result of the VAT increase that came into effect in the UK overnight. However, the chain has pointed out to MCV that it still offers a market-leading price …

"Brand new video games can lose as much value in percentage terms in just three days as a car would over three years" – that’s the eye-catching introduction to a report into the pre-owned games market by leading consumer watchdog Which? It claims that a Ford Focus loses around 60 …

We’re here to serve you, our dear readers. Were it not for you we would not be here. So what, you may asked, are the stories on MCVuk.com this year that you have read the most? There’s a real mix in here, including November’s exclusive scoop on retail fears concerning …

After a year spent adding new ways to monetise game trade-ins, publishers have learned to accept second-hand sales. That’s according to GameStop’s international boss Mike Mauler, who has told MCV that the chain has seen no negative impact from the introduction of second-user charges that pre-owned games players must pay …

It’s usually the biggest spending period for the games industry – but the last weekend before Christmas offered no growth for the UK games retail. According to MCV calculations based on exclusive UKIE/Chart-Track data, the UK retail market was worth 78.7m last week – a small drop from 79.6m the …

As predicted by MCV, UK online retailers are telling customers to buy their games today or they won’t get them in time for Christmas. GAME has pushed forward its last order date to today (Friday, December 17th). Consumers must order before 8pm tonight to guarantee delivery before Christmas. This affects …

Amazon has stated that the outage that it suffered on Satudrady was a result of hardware failure and not online ‘hacktivism’ as has been claimed. An spokesman for the online retailer told Reuters that: The brief interruption to our European retail sites earlier today was due to hardware failure in …