Tag Archives: retail

Euro Commission thinks Amazon’s tax arrangements could be illegal

The antitrust regulators investigating Amazon’s tax agreements with Luxembourg believe the decade-long arrangement may be incompatible with free market rules. An investigation into Amazon’s tax terms with Luxembourg was established in October, following a period of prolonged negative publicity for Amazon (and others, such as Apple and Starbucks) concerning the …

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Majora’s Mask 3DS sells out in the US, but still can’t be ordered in the UK

Despite the excitement surrounding its launch yesterday, there’s still no way for UK gamers to pre-order the Majora’s Mask Limited Edition New 3DS XL in the UK. The console, which includes a digital copy of the game, was announced to much excitement yesterday. Both the game and the hardware will …

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GameStop enjoys bumper Christmas but expects Q4 sales to fall

Like-for-like sales in December grew 4.4 per cent at retailer GameStop, although total numbers for the nine weeks ending January 3rd were down year-on-year. Total sales for the period reached $2.95bn, down on the previous year’s $3.15bn. New hardware sales were surprisingly down 32 per cent from $1.05bn to $713m, …

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REMINDER: Two days left to enter the 2015 MCV Awards

A mere two days remain to getyour lobbying infor the 2015 MCV Awards. Lobbying for the 2015 MCV Awards ends thisFriday, January 16th at 5pm. That’s right – those of you wanting to put forward your suggestions for this year’s hotly-contested prizes including Games Retailer, New Games Brand, PR Team …

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‘Intense competition’ leads to GAME profit warning

Significant hardware bundle discounts have led to GAME warning investors that full year earnings will not meet expectations. Aggressive price cuts to PS4 and Xbox One consoles throughout Black Friday and in the run-up to Christmas saw GAME cut prices to maintain market share, meaning returns were lower than originally …

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GameStop teams with Microsoft for interactive Azure content

Retailer GameStop will use Microsoft’s Azure cloud computing network to power a number of new interactive content offerings. Primarily Azure will be used as a streaming platform to deliver videos and the like to customers and staff. This content will also be pushed to those who have agreed to receive …

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Grand Theft Auto V retakes UK charts top spot

Rockstar’s latest has once again become the UK’s biggest-selling game, despite sales more than halving last week. According to the latest Ukie Games Charts, compiled by GfK Chart-Track,Grand Theft Auto V saw unit sales drop 51 per cent in the second week of 2015 – but managed to climb above …

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Tesco to close 43 stores, scraps plans for 49 new stores

Britain’s largest retailer Tesco is to close 43 stores amidst a number of restructuring plans. A significant proportion” of the closures will come from its local convenience stores and are targeted on its unprofitable outlets. It has also scrapped plans to open 49 new large supermarket stores. The company also …

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Sainsbury’s warns of challenging year ahead as Christmas sales fall

Sales for the 14 weeks ending January 3rd were down 1.7 per cent like-for-like at Sainsbury’s. That’s despite the week immediately before Christmas breaking records for the retailer, with 29.5m customer transactions. It was also its biggest Christmas online with 110k orders being delivered in the three days leading to …

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New 3DS Ambassador Edition already being flogged on Ebay

Still not received your New 3DS Ambassador Edition invite from Nintendo? There may still be hope. The device was revealed earlier, with an unspecified number of Club Nintendo members being offered the chance to buy the machine ahead of its as-of-yet unconfirmed UK launch for 179.99. Units are expected to …

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