The Joint Administrators to Woolworths have today announced that a store closing sale will begin in stores on Thursday December 11th. The Administrators continue to actively seek buyers for the Woolworths assets and negotiations with a number of interested parties are ongoing. Neville Kahn, reorganisation services partner at Deloitte, commented: …

The latest UK High Street statistics from Synovate Retail Performance show that the number of non-food shopping trips made between November 30th and December 6th climbed by 10.1 per cent compared to the week before – though the number is still 4.1 per cent down on the same week in …

Woolworths could be facing its last few days on UK High Street with reports that administrator Deloitte has failed to find a buyer for the struggling retailer. RetailWeek speculates that the chain’s entire workforce, which totals around 30,000, are facing redundancy. Details of the national closing down sale are expected …

New retail and marketing categories are being introduced to the MCV Industry Excellence Awards. Although the total number of awards on the evening will remain at 17, the retail section has been almost entirely overhauled. Every retailer, whatever size or product specialism, can now compete for all five prizes. There …

Stats from Gfk Retail and Technology Japan have revealed that in the first week of November Blu-ray disc recording hardware outsold DVD recorders for the first time. In the same period last year Blu-ray disc recorders accounted for just ten per cent of the market, but falling prices in recent …

Indie e-tailer Shopto.net has slashed the prices of Resistance 2, Motorostorm 2 and LittleBigPlanet to 19.99. The offer is part of the retailer’s pre-Christmas sale, which also features Mortal Kombat Vs. DC and Fallout 3 for 24.99. Commenting on the sale, Shopto.net’s COO Igor Cipolletta told MCV: Of course we …

Obviously excited about the arrival of its celebrated racing franchise on PC for the first time, developer Criterion has announced that PC gamers will be able to try out Burnout Paradise: The Ultimate Box in its entirety for free upon its release in February. A demo, which will be available …

Microsoft has announced the global release dates for its upcoming Halo Wars, and the surprise is that it’s Japanese gamers who are set to take the first bite of the RTS cake. Ensemble’s strategic take on the Master Chief’s universe will be released in Japan and Asia Pacific on February …

GameStop has denied an MCV report that claimed the company was in the process of tabling a bid for Woolworths’ stores. The news comes after a highly-placed source informed MCV that the company was interested in buying around half of Woolworths’ oustanding 800 outlets from administrator Deloitte. If GameStop was …

Less than 24 hours before Gamestation’s 250th store party, Woolworths buckled under its debt and entered administration.Although the team behind the fastest growing games specialist was determined not to let this spoil the celebrations, there was a genuine sense of concern – from individual store managers right up to MD …