Tag Archives: retail

Tesco appoints UK Board

Tesco has formed a specific Board to help boost sales for its UK operations The new team is being set up ahead of the arrival of the firm’s new Chief Executive, Philip Clarke. Laura Wade-Gery has been named commercial director for non-food items, namely clothing, electronics and general merchandise. She …

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GameStop reports like-for-like Xmas gains

Global games retail giant GameStop has reported a 3.4 per cent like-for-like sales boost for the nine weeks ending January 1st. Overall the retailer saw 5.4 per cent growth compared to Christmas 2009. Revenues for the period hit $3.02bn. Hardware sales were up 7.4 per cent year-on-year with Microsoft’s Xbox …

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HMV to close 60 stores by 2012

Entertainment giant HMV is facing troubling times as the chain revealed that it is to close 60 stores (including some Waterstones bookshops) over the next 12 months. That number represents 9 per cent of the chain’s 700 outlets. HMV has 285 shops in the UK and Ireland. Shares in the …

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VAT rise arrives at UK retail

The High Street is bracing itself for a slowdown in sales this year due to the VAT increase. A study by the Centre for Retail Research, in association with online shopping group Kelkoo forecasts that consumers will spend an average of 324 less in 2011 because of the VAT increase. …

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Most Popular Stories of 2010 Hits

We’re here to serve you, our dear readers. Were it not for you we would not be here. So what, you may asked, are the stories on MCVuk.com this year that you have read the most? There’s a real mix in here, including November’s exclusive scoop on retail fears concerning …

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More on-demand retail hits due for PSN

Sony plans to expand the range of retail titles that are available to download on the PlayStation Store. PSN content manager Ross McGrath told MCV that consumers can expect to see more titles added following continuing strong digital sales of Warhawk and Burnout Paradise. It’s likely you will start to see older …

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HMV considering online pre-owned move

HMV wants to be the next retailer to offer pre-owned games online following Amazon UK’s entry into the market. Last week, Amazon.co.uk began buying and selling second-hand titles. Customers can buy pre-owned games from the retailer, check prices using an online calculator and post old games in exchange for gift …

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Novembers 1m game shortfall

UK games retail sold 1m fewer games during November than it did during the same period in 2009, according to GfK Chart-Track data. Just shy of 9m games were sold at retail last month, while a little under 10m units were shifted during the same period in 2009. But retailers …

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Nintendo dominates pre-Xmas week sales

So in our chart analysis of games sales during the last big spending week before Christmas has shown Black Ops at No.1, with Wii Fit Plus and Just Dance claiming No.1s of their own. We’ve seen PS3 score a huge chunk of the top ten sales – in the face …

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Snow chaos costs retail billions

Retail is feeling the chill as Arctic weather threatens to bring the country to a standstill this week. Several big December releases – including World of Warcraft: Cataclysm – failed to hit stores in time for launch in recent weeks as icy weather disrupted key deliveries. Now games outlets are drawing …

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