Tag Archives: retail

The games market has triumphed over the elements and even retail trends, achieving a third week of growth despite heavy snow. Retail analyst agency BDO released figures that show both High Street and online sales have declined when compared with last year. The firm said that harsh winter weather kept …

Tesco has announced its third quarter results for 2010, reporting a rise in Group sales of 8.8 per cent. The supermarket giant attributed this growth to the improving global economy, with its total international sales increasing by 15.7 per cent. Non-food sales also increased when compared with the second quarter, …

32.4m current generation game consoles are now in circulation in the UK, according to Gfk Chart-Track. That means retail has sold 5.2m DS, Wii, PS3, Xbox 360 and PSP consoles this year. However, that’s a 26 per cent slowdown in hardware sales compared to 2009. For the same year-to-date period …

Retailer GAME has stated that second-hand will account for 25 per cent of its sales this financial year. That’s up from 21 per cent in 2009. The news comes as part of the firm’s interim statement, which revealed that GAME’s sales are down 8.8 per cent for the 44 weeks …

GAME has warned that its profit margins will fall more than expected this financial year as it cuts prices in the face of increased retail competition. The firm also revealed that for the 44 weeks ending December 4th, 2010, like-for-like group sales were down 8.8 per cent, while UK sales …

UK retailers remain unconvinced of the value of cloud computing and 3D technology, despite the fact they have been two of the hottest topics in the tech industry this year and are being heavily pushed by some of the biggest firms in the market. The PCR Channel Survey canvassed 100 …

GameStop also plans to introduce its Power Up rewards card to Europe. Power Up inverts the idea of an accessible, mass market points card we’re used to in the UK and turns being a card-holder into being the member of a special club. The premium ‘Pro’ version even asks an …

A sequel to Atari’s 2009 console hit Ghostbusters: The Video Game will skip retail altogether and instead be released on Xbox Live, PSN and PC. USA Today reports Ghostbusters: Sanctum of Slime will once again see players assume the role of the Ghostbusting rookie hired to the team in the …

The biggest retailers on the web are expected to take a quarter of all Christmas spending this year. Figures from retail research firm Kantar Worldpnael show that 25% of Christmas presents in 2010 will be purchased from outlets such as Amazon, eBay and Play.com. Interestingly, it is older generations who …

I don’t think anyone in the industry is kidding themselves as to the challenges retailers have faced in 2010. Every interview I’ve conducted of late starts with a dour acknowledgement of the pressures in the market. So I’m sure everyone appreciates the fears mounting at every level over January’s VAT …