Retail

HMV was the big retail winner at last night’s MCV Industry Excellence Awards. The entertainment specialist won the overall High Street Chain prize, while one of its individual stores – the 360 Oxford Street branch – won Star Store. Elsewhere, Play.com won Online Retailer, and best Independent Retailer was Grainger …

Though GAME’s recent financial results were in line with expectations and far ahead of the global declines seen in the video games market, the retailer has pointed to the heavily decreased performance of Wii on the High Street as one of the key reasons behind its struggles in 2009. In …

Leading UK video games retailer GAME has outlined its ongoing strategy that it hopes will increase the amount of its revenue that stems from its digital business. At the moment in-store physical sales still account for 94 per cent of the retailer’s total revenue, but amongst GAME’s digital aspirations is …

It’s been a tough morning for GAME. Profits have been falling, execs have been departing, and now the interim management team has had to defend its decision to expand upon its store closure plans – the end result of which will mean the end of an additional 127 outlets. When …

The chairman of UK games retailer GAME Peter Lewis has, as part of the firm’s financial statement, explained the reasoning behind the departures of long-term CEO Lisa Morgan and COO Terry Scicluna. His full statement is as follows: The Board announced today that Lisa Morgan has stepped down from her …

Only 550 GAME and Gamestation outlets will remain on the UK High Street by Christmas 2013, according to GAME Group chairman. Until recently GAME had 695 stores across the country, but in February it announced the closure of 18 additional outlets, as well as all 25 of its Debenhams concessions. …

This morning’s news of wholesale changes at GAME Group have sent shockwaves through the industry and its share price tumbling. On a day when tough trading conditions have finally been brought into focus for the entire business, erstwhile chief executive Lisa Morgan has stepped down after 14 years of service. …

Publishers are remaining defiant, but the channel has once again warned that the ongoing disruption caused by the Icelandic volcano could result in troubles at UK games retail. The likes of EA, Nintendo and Sony told MCV earlier that key releases such as 2010 FIFA World Cup South Africa, Wario …

In a move akin to Budgens or Cost Cutter introducing such a range to its stores in the UK, American retail behemoth 7-Eleven has confirmed that it is to begin selling pre-owned video games in 50 per cent of its US outlets. This represents a total of over 3,000 outlets. …

Best Buy has advanced its launch date, and will officially open on April 30th, instead of the planned date in May. It is thought that the dates have been moved to coincide with the bank holiday weekend of May 1st till the 3rd. After months of intensive training at our …