Home Retail Group has seen its profits slashed by a quarter, as the recession hits its Argos and Homebase brands. Profits at the group fell to 328m for the year to February 28th. However, the group recorded a loss of 402m due to write downs of 694m and what it …

Apple has cut around ten per cent of its workforce during the second quarter of 2009, according to documents released to the Securities and Exchange Commission. According to the document, Apple cut its full-time workforce from 15,600 to 14,000 during the second quarter. It is unclear if the retailer made …

Check out the RETAIL BIZ previews section for a look at some of the biggest games due for release within the next couple of months. Iconic archaeologist Indiana Jones leads the charge this week, as we preview his latest adventure in Activision Blizzard’s Indiana Jones And The Staff Of Kings. …

The Retail category of last night’s MCV Awards was one of the most hotly contested of the evening – with GAME and Play.com picking up the biggest prizes. GAME won best High Street Retailer awards, as Play.com beat out rival Amazon for the fourth year in a row to claim …

National entertainment retailer HMV is the star games performer in a new comparison of the nation’s leading retail websites, according to survey conductor The Retail Bulletin. HMV was one of the star performers, with the technical performance and functionality improvements seen on its website seeing it jump 49 places to …

The UK capital once again defied the wider economic downturn last month with a like-for-like sales climb of 5.1 per cent in March – in contrast, the UK as a whole saw like-for-likes drop 1.2 per cent compared to the same month in 2008. For the first quarter of 2009, …

UK retail has told MCV that it wants to be a part of the digital revolution, following news that Amazon is selling Xbox Live Arcade game codes in the US. Key UK retailers have told MCV that they would be ‘very interested’ in selling digital games through their websites. However, …

An undercover investigation by a Trading Standards authority has exposed a number of retailers for selling mature games to a 14 year-old volunteer. The operation, which took place last week, saw the volunteer attempt to purchase 18-rated video games across 16 separate retail outlets. According to Dundee Council, twelve of …

UK video game retailers enjoyed a bumper Easter last weekend, with software value up 29 per cent over the previous week. The growth occurred despite the lack of a major blockbuster release, with sales driven by the recently launched DSi and aided by intense price cutting online and on the …

Click here to head over to the updated RETAIL BIZ previews section for the lowdown on some of the key releases approaching retail over the next month. This week, we swap our rolling pin for a garden hose in 505 Games’ Gardening Mama, the sequel to the casual gaming phenomenon …