50. Defying the economyAndrew Brown, Activision UK MD says: I hope that in-home entertainment – and of course video games – proves to be resistant to the economic down turn. As long as demand continues to grow, the market will eventually adjust to the bad news of retail closures.” 49: EA’s …

Nintendo is expecting the nation’s post-Christmas health push to drive sales of Wii Fit in January – but has told MCV that there may be stock shortages during the month. The title, which comes with the Wii Balance Board, secured the No. 10 spot in the ChartTrack/ELSPA Christmas top ten …

Iceland snaps up 51 Woolworths stores Frozen food grocer Iceland has bought 51 former Woolworths stores – and plans to create 2,500 new jobs. According to the BBC, the announcement comes three days after the final 200 Woolworths stores closed their doors for the last time. "We are confident we …

Sure, despite an impressive rise to claim 17 per cent of the software market in 2008, the PS3 has yet to factor greatly in the expansion the trade is celebrating. But despite what the bloggers might want to believe about the PlayStation division being a slaughter-worthy ‘sacred cow’ – as …

Electronic Arts has revealed the release date for The Godfather II has been brought forward to February 27th. It was previously announced the game would makes its UK debut a week later on March 6th, and will feature an exclusive in-game character for those that pre-order from selected retailers. The …

Virgin has put paid to any suggestion it will return to High Street retail, after Sir Richard Branson ‘inherited’ seven Zavvi stores this week. MCV can reveal that Branson still holds the leases on Zavvi’s flagship Tottenham Court Road store, the chain’s biggest store in Birmingham and five other retail …

EA is celebrating a dual Christmas triumph – after FIFA 09 took the official Christmas No.1 spot in the All Formats chart and sailed past two million UK sales. The title returned to the top of the GFK-ChartTrack/ELSPA All Formats Top 40 this week, following a post-Christmas sales jump – …

Independent MMO developer CCP has confirmed that the tenth free expansion for its globally popular MMO EVE Online will arrive on March 10th – the same day that Atari brings the first boxed iteration of the game to retail. EVE Online: Apocrypha sees a network of unstable wormholes open across …

North American and global games retailer GameStop has posted some strong numbers for its festive sales period, showing that the company enjoyed its best ever performance for the nine weeks ending January 3rd. Sales for the firm totalled $2,856m, up 22.3 per cent from the $2,335m seen in the same …

Woolworths’ largest shareholder Ardeshir Naghshineh has called the demise of the retailer unnecessary”, and talked of his frustration over the collapse. Naghshineh has also talked of the terrible shame” of 30,000 people losing their jobs – as administrator Deloitte profits from the retailer’s downfall. He told Sky: "It seems a …