Zavvi is selling the Xbox 360 for under 100 for the first time in its history, MCV has learnt. In a last-minute Christmas sale, the company has reduced the Arcade SKU to 99.99 – news which could kick off festive a hardware price war on the High Street. The Premium …

Following news reports earlier today that EUK administrator Deloitte has called in Zavvi’s debt to the distributor, the UK entertainment retailer has clarified its position to MCV. Zavvi has refuted claims that it will be forced into administration by Deloitte, whilst also offering its condolensces to those who lost jobs …

Mainstream retailers, from electricals outlets to supermarkets, have outperformed specialist game retailers in a recent survey of retail websites. The Retail Bulletin study judged sites on a range of criteria, including function, accessibility, code quality, and performance. Specialist website testing company Sitemorse gathered the survey data using an automated testing …

Just minutes after news of EUK’s demise – and the loss of around 700 jobs – it has emerged that the distributor’s administrator Deloitte has called in Ernst & Young to restructure Zavvi’s management team in a bid to claw back some 106m owed to EUK. Zavvi, which previously traded …

The games industry’s recession-proof credentials have been given another shot in the arm with the news that NPD stats show the North American games market hit $2.91 billion in November – a value ten per cent up on the same month in 2007. Year-to-date numbers are also impressing, with the …

Today’s closing down sale represents what is probably the last hurrah for the UK’s celebrated Woolworths brand – but top retail figures in the UK games industry have warned that there’s still bad news to come. Take someone like Woolies out of the retail equation and you’re looking at a …

Talk in the industry is all about the fallout, and some in the games market believe that there’s still a lot of bad news to come from the demise of Woolworths. But with the retailer still in the throws of what may well be its demise, the thoughts of the …

Sega is confident it can defy the economic climate in 2009, with a wealth of new IP to the market in 2009. The publisher enjoyed a stellar 2008, with Wii sensation Mario and Sonic at the Olympic Games sailing past the two million mark. The firm also recorded its first …

UK video games companies have thrown cash in the face of the economic slowdown – spending an incredible 139 million on Q4 marketing as other trades tighten their belts. The huge figure has funded a deluge of above-the-line advertising in the past three months, dominating newspapers and TV ad breaks …

The HMV Group has revealed its financial results for the six months ending October 25th, reporting a post-tax loss of 19.8 million. The entertainment group – which also includes book specialist Waterstones – revealed that sales were up 3.5 per cent, but like-for-like sales had fallen flat. Like-for-like sales at …