Woolworths has rubbished reports that it is planning to shut down its retail website. Retail Week reported earlier today that the chain was to stop selling toys online – and that it was eventually planning to take down the site altogether. However, a spokesperson told MCV: Reports that we are …

This time last year we began to understand that US sub-prime mortgages had infected the entire financial system, bringing on an acute case of credit crunch. Markets have fallen ever since, as relief at the unprecedented global government assistance that’s been doled out at what’s left of the banking industry …

SCEA has denied recent reports that the company is looking to re-evaluate the price of PS3 early next year. Amongst the plethora of titbits revealed in SCEE’s leaked internal meeting yesterday was the claim that the company intends to make the European PS3 price more competitive” next March. However, a …

The company looking to snap up Woolworths for 1 seems to have revised its deal following emergency talks over the weekend. According to The Daily Mail, Hilco still wishes to buy Woolies’ 840 High Street stores for a nominal 1. However, the company is thought to have tabled a last-ditch …

Is the industry’s hunch that Government is on its side jumping the gun? We’ll have to wait and see (and according to the DCMS we won’t have to wait long). But it’s not like ELSPA’s positive attitude is without merit. Unless it was just a spectacular coincidence that, when speaking …

California based research company Electronic Entertainment Design and Research has claimed that only four per cent of titles that make it to market go on to make a profit. Speaking to Forbes Geoffrey Zatkin, president of the 20-man sales data firm, divulged a number of interesting facts relating to a …

With Soul Calibur IV and Smash Bros. both topping the charts this year, Midway is confident Mortal Kombat vs. DC Universe can make it a hat trick of comebacks for the beat ‘em up genre. The latest Mortal Kombat hits retail today (November 21st), and brand manager Mark Cook says …

General Manager: David Yarnton, NintendoFor the top, we go Down Under. With all Nintendo’s recent success, cynicism dictates that it should be easy to sneer at their UK boss. However, Yarnton’s infective cheer, enviable experience and hugely respected standing ensures this would never happen; all qualities we’d adore having at …

The industry has had to wait a long time to catch its first glimpse of EA’s upcoming Fight Night Round 4, but the moment will arrive at next month’s Spike TV Video Game Awards, Kotaku reports.. EA officially announced the title in May, but to date only selected retail partners …

GameStop saw its sales jump 5.2 per cent in the three-month period ending November 1st, but profits fell from $52 million to $46.7 million. The world’s largest games retailer also saw comparable store sales decrease by 1.8 per cent, primarily down to the launch of Halo 3 in September 2007, …