HMV’s buyout of 14 Zavvi stores has saved 269 jobs at the beleaguered entertainment chain, it has emerged. Zavvi administrator Ernst & Young has revealed the locations of the stores – after MCV broke the news yesterday. The nine stores HMV has bought in the UK include one in Crewe, …

Itâ??s official: Apple is gunning for the games market. Develop caught up with Greg Josiwak, head of iPhone and iPod marketing, to find out moreâ?¦

HMV has acquired 14 Zavvi stores from its rival’s administrators, Ernst & Young. HMV expects the cost of its acquisition to be around 2m, including a purchase price of 700,000 plus the refit and rebranding of the outlets. The locations of the stores are currently unclear, but they are in …

North America’s fastest-growing specialist is ready to take on GAME and Gamestation – as it launches its first stores in the UK later this year. GamerDoc, a franchise concept that offers the opportunity to own, develop and operate a retail video games store, was launched in December 2007. President of …

The global boss of 2K has predicted that publishers bringing non-licensed games to Wii this year could struggle – as the console’s market is flooded by crappy titles”. Speaking to MCV, Christoph Hartmann said that his company would find it difficult to secure the success it has enjoyed with its …

The Joint Administrators of Zavvi UK Ernst & Young has today announced the immediate closure of a further 18 stores. 353 employees have been laid off as a result, bringing the total number of people who have lost their jobs since the firm went into administration to 594. Ernst & …

Games analyst Michael Pachter has predicted that Sony will slash the price of the 80GB PS3 in North America from $399 to $299 this April. The news follows reports in the Japanese press claiming that Sony will report a $1.1bn operating loss for its financial year ending March 31st. The …

GAME has appointed Terry Scicluna as executive director, after joining the firm on October 15th 2008 as chief operating officer. Scicluna joined GAME from Alliance Boots, and has 30 years experience in retail. He has previously worked as managing director of UniChem and as COO at Alliance Pharmacy. He has …

A survey conducted by The British Chambers of Commerce have found that the nations’ economy is in the midst of a frightening deterioration”, with December’s High Street numbers proving the worst since the body began monitoring them in 1989. The BCC went on to predict that official government figures set …

GAME says its trading performance over the Christmas period has defied ‘challenging trading conditions’ showing a rise in group sales of 16 per cent. The games specialist this morning provided an update to investors on its trading over the six weeks around the holiday and 50 weeks up to January …