iPhone 4s bumper payday

A serious design flaw or a big ball of nothing – however you view the Apple iPhone 4 antenna crisis, the good news for retailers is that rubber bands are suddenly in serious demand. While the true extent of the iPhone 4’s reception issues are still yet to be fully …

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Microsoft calls time on Kin

Just weeks after it made its debut in North America, Microsoft has announced that it has pulled the plug on its social-media orientated Kin mobile handset, meaning the European launch planned for later this year will not now happen. All staff previously assigned to Kin development will not be shifted …

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Tesco doubles games market share

Mammoth retailer Tesco is also planning to boost its presence in the video games market, after a strong year in the sector. We’ve doubled our market share in both hardware and games," Tesco’s category director for entertainment Rob Salter told MCV’s sister site PCR. "And we’ve invested quite heavily in …

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VAT rise wont affect online

Online retailers with distribution facilities off the UK mainland are safe from the VAT hike. The likes of HMV, Amazon, Play and The Hut run operations from Jersey or Guernsey, which means they’ll remain unaffected by the increase. Digital distributors not based in the UK will also be able to …

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ShopTo posts £22m turnover

Retailer ShopTo trebled its market share and posted a turnover of 22 million in its last financial year. The retailer has also told MCV that the site doubled its customer base in 2009 and expects that number to increase by 200,000 by the end of the year. We have trebled …

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Retail forced to swallow VAT hike

UK games retailers will see their margins slashed in 2011 as they are forced to swallow the cost of a VAT rise. Senior retail figures have told MCV they are reluctant to raise the price of games above the watermark 39.99 price point once the extra 2.5 per cent comes …

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