Retail

Independent retailers have turned to the likes of Tesco and Asda to secure cheaper stock in favour of the usual distribution channels. Described as ‘Tesco Distribution’ from within the trade, indies have been making the most of the supermarkets to make up for their low allocation of products such as …

Despite costing a whopping $185 million to make, Steven Spielberg and George Lucas’ latest cinema outing Indiana Jones and the Kingdom of the Crystal Skull made an estimated $311 million worldwide in its opening weekend, the Associated Press reports . Coming 19 years after the release of Indiana Jones and …

HMV has spoken of its respect for specialist GAME in a new interview with MCV. The firm’s commercial manager for games Jonathan Hayes said that both HMV and GAME were united in offering something that kept consumers away from online retailers – such as Play and Amazon – and supermarkets. …

Despite revealing her criteria for acquisition targets last month, GAME CEO Lisa Morgan has told MCV that the firm isn’t expecting to grow through buyouts any time soon. Speaking after GAME’s impressive financial results announcement last month, Morgan said that the firm’s strategy hadn’t changed” and that any potential acquisition …

Video games saved British retail’s blushes in April – with High Street sales falling by less than expected thanks to a consumer ‘rush’ to buy interactive entertainment. According to The Office for National Statistics, overall retail sales volumes fell for the second straight month in April, down 0.2 per cent …

After announcing that it is set to bring US and electronics retail behemoth Best Buy to the UK , The Carphone Warehouse has told MCV that existing European retail outlets are failing their customers. Earlier this month, the firm announced that it had invested 1.1 billion in Best Buy – …

Blockbuster is ready to become big-name contenders in games retail as each looks to steal market share with the opening of new games-focused stores. In a move that will raise eyebrows at GAME Group HQ, Blockbuster is ready to grab back the revenue stream it lost after selling off its …

Customers who pre-order Metal Gear Solid 4 will receive the Metal Gear Saga Vol. 2 DVD, Konami has announced. Metal Gear Saga is a series of seven documentaries that charts the origins and evolution of the Metal Gear series. Konami has also revealed the limited edition collectors package, which comes …

A new Somerfield store based in Surrey will carry a full range of games when it opens on June 11th, marking another big-name entrant to the interactive entertainment market. The move follows a deal with Woolworths and will see three Somerfield stores trial Woolies’ products in areas covering 3,000 sq …

Best Buy – the massive US electronics retail chain with a large games selection – is set for a massive expansion into the UK and the rest of Europe next year. The news follows a deal between the chain and The Carphone Warehouse, which has sold 50 per cent of …