Search Results for: retail

E-tail topples supermarkets in 2011

Sainsbury’s, Tesco, Asda and Morrisons have stalled in their bids to become the next major players in video games, ERA reports. Based on Chart-Track figures, supermarkets accounted for 27.3 per cent of all games sold last year – that’s down 0.2 per cent from the previous year. In terms of …

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Rovio: We want to be "much bigger than Disney"

Move over, Mickey – the Angry Birds will be far bigger than anything Walt ever created. At least that’s creator Rovio’s goal, according to chief managing officer Peter Vesterbacka. Speaking to Business Insider, he claimed the company is aiming to become "much bigger" than Disney, a $24bn company. The Rovio …

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EA: GAME will rise again

Keith Ramsdale, the boss of EA UK, has predicted that a new-look GAME will rise from the ashes of the current company. "I do hope and believe there will be a phoenix rising from the flames,” Ramsdale told an audience at today’s Westminster Forum event. GAME is full of good …

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NPD: $1.29bn for Q4 used, digital and social games in Europe

Consumers across UK, Germany and France spent over a billion dollars on non-new physical games in the last three months of 2011. According to new data from NPD looking at ‘all monetization methods outside of new physical retail sales’, used games, game rentals, subscriptions, digital full-game downloads, social network games, …

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Who, if anyone, will buy GAME?

Leading financial and retail experts are all eyeing up a move for GAME Group. But as-of-yet only one has made a firm offer. Some GAME rivals have even readied funds in preparation of a possible administration – with the firm’s 19.4m loyalty card database and GAME.co.uk domain amongst the targets. …

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Six bidders eye GAME UK

GAME UK has attracted the attention of "five or six" potential buyers, Retail Week is reporting. Meanwhile, a further 20 suitors are interested in the company’s international assets – with its Portugal and Spain outlets the most attractive prospects. As widely rumoured, GameStop is amongst the top suitors. But according …

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GAME: Staff will be paid

GAME has told its staff they will be ‘paid what they’ve earned,’ the retailer tells MCV. The firm says it informed its employees via email this morning. GAME announced it was heading into administration this morning, having failed to secure extra finance and support from its suppliers. But the High …

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Blueshore urges "fair and just" administration for GAME

The value of GAME’s assets needs to be reassessed to ensure that shareholders receive a rightful return on their investment, Blueshore Global has told MCV. Having acquired new stock in the retailer yesterday before its filing for administration and stock freeze this morning, the company – which owns nine per …

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GAME: How it got to this point… and where it’s going next

It has felt like a very slow and protracted saga, but GAME’s fall into administration today has by all accounts been swift… and brutal. The first indication that all was not well came as early as late November, when The Telegraph asked the question Can GAME survive?”. However, it wasn’t …

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