Retail

EUK failure was ‘too much’ for Zavvi to cope with

The group founding partners of Zavvi have singled out the demise of EUK as having a big part to play in the chain’s going into administration . In a statement released following the news that broke this morning, Simon Douglas and Steve Peckham said: "We have done all that is …

Read More »

High Street sales reach unprecedented pre-Xmas levels

New research from PricewaterhouseCoopers show that 82 per cent of UK High Street retailers are now offering significant sales or reductions in an effort to get shoppers spending money in the run-up to Christmas. Retail Bulletin reports that just 52 per cent of stores were running sales promotions one month …

Read More »

UK CHARTS: FIFA 09 is 2008’s Christmas No.1

EA has scored its sixth Christmas number on in eight years – FIFA 09 has claimed the top spot and trumped the favourite Call of Duty: World at War. Retailer promotions saw sales of FIFA 09 rocket by 89 per cent according to the weekly sales data from Gfk-ChartTrack. Call …

Read More »

HMV: We’ll introduce gaming to millions of new consumers

HMV could introduce gaming to ‘millions’ of new consumers, as the chain puts the finishing touches to its specialist games offer. At least that’s according to HMV Group CEO and UK and Ireland MD Simon Fox, who is delighted following the successful acquisition of Gamerbase and the launch of the …

Read More »

Best Buy hunts UK employees

CVs AT the ready – US retail superpower Best Buy has confirmed to MCV that it is looking to recruit far and wide as the firm builds its business in the UK and Europe. In May, the American electronics giant announced a partnership with Carphone Warehouse to establish its brand …

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 »

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 »

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 …

Read More »

RETAIL GUIDE: UK distributors Xmas opening times

It’s that time of year – and retailers need to know the last dates they can get in touch with the UK’s leading distributors. Here, MCV presents the full list of Christmas opening times for Centresoft, Gem, Trilogy and more. Centresoft: Sat, Dec 20th: 9am – 1pmMon, Dec 22nd: 9am …

Read More »

Administrator chasing up Zavvis EUK debt

EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will actively chase up” the entertainment retailer’s debt. EUK and Woolworths joint administrator at Deloitte Neville Kahn said: Zavvi is one of the major customers that owes money …

Read More »