Woolworths administrator Deloitte has revealed that the retailer will start slashing prices on products by over 60 per cent in the lead-up to the New Year. The firm’s Neville Kahn today revealed that over 50 million new stock items – including entertainment and toys – were being shipped into stores …
Read More »Administrator chasing up Zavvis EUK debt
EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will actively chase up” the entertainment retailer’s debt. EUK and Woolworths joint administrator at Deloitte Neville Kahn said: Zavvi is one of the major customers that owes money …
Read More »Woolies and EUK: Over 500 suppliers owed cash
The administator in charge of Woolworths has revealed that over 500 suppliers to Woolworths and EUK – including many games publishers – stand to lose money on products sold into both companies. However, joint administrator of Woolworths at Deloitte Neville Kahn said that EUK’s warehouses – which still hold millions …
Read More »Amazon silent on games downloads
Online retail giant Amazon has refused to rule out the possibility of video games downloads becoming available on the site in the New Year. Amazon launched its online music downloads service – a direct rival to iTunes – on December 3rd. Amazon MP3 sells tracks from 59p and albums from …
Read More »Official: Woolies to close in 19 days
The death knell has rung for Woolworths – with administrators Deloitte confirming that all 807 remaining stores will be closed down by January 5th. The first stores will close on December 27th – and in more sad news for the firm, all 27,000 permanent and temporary staff will lose their …
Read More »Harrison: We’ll prove Activision wrong
Atari president Phil Harrison has told MCV that he wants to leave Activision Blizzard CEO Bobby Kotick red-faced for dumping the Ghostbusters game. The title, which Atari announced it had picked up this month, was originally on Vivendi’s release schedule before the ‘merger’ between the company and Activision in December …
Read More »Midway makes move to cut costs
Midway has unveiled a new cost reduction plan which will see it reduce its headcount by 25 per cent – which amounts to some 180 developers. The publisher will close its Austin, Texas studio and also see lay offs at its San Diego office. Click here to see the full …
Read More »Atari lives
When Atari’s new CEO David Gardner and president Phil Harrison this summer told MCV that they were planning to rebuild the company around online games and not boxed product, there must have been a large contingent of readers who thought that this effectively meant the restructuring publisher was cutting its …
Read More »Phones 4U enters games market
Mobile phone specialists Phones 4U and sister company Dial-a-Phone have launched new e-tail games sites in conjunction with The Hut. Entitled Games 4U and Click-a-Game, the websites sell a range of new and back catalogue Wii, DS, PC, PS2, 360, PlayStation 3 and PSP titles, as well as consoles and …
Read More »Rebuilding begins for Atari UK
ATARI is looking for more staff and an increased market share in the UK, as its rebuilding process prepares to kick in during 2009. Alberto Gonzalez Lorca is now managing director of the Atari Atlantic region, which includes the UK as well as Spain, Nordic and Latin America. We are …
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