Electronics and games retailer RadioShack has announced significant US store closures. The news follows a 20 per cent sales decline in the last quarter and the company’s eighth straight quarterly loss. Net losses tripled in the period to $191.4m. The closures equate to around 1,100 stores (20 per cent of …
Read More »UPDATED: Blockbuster is returning to UK High Streets
UPDATE 3: Since posting this story, Blockbuster owner Dish Network has denied it has licensed the Blockbuster name to Crash. ORIGINAL STORY: The Blockbuster name is returning to the UK High Street courtesy of Crash Entertainment. The Jack FM owner has licensed the Blockbuster name from owner Dish for retail …
Read More »GAME deserved to lose to the landlords, says analyst
A leading retail analyst has hailed the European Court’s decision to force GAME to pay 3m in unpaid rents. Through a loophole in administration law, GAME was able to avoid paying rents when it fell into administration in 2012. A consortium of landlords decided to challenge the law and used …
Read More »‘Price cut will re-energise Xbox One’
A 399 Xbox One bundle can help Microsoft turn around its disappointing start to 2014, say High Street experts. Despite ‘the biggest launch in Xbox history’, Xbox One is being comfortably outsold by PlayStation 4 and since the start of the year Sony has been opening an even bigger gap …
Read More »UPDATE: Xbox One Titanfall bundle cut to under £370
GameStop is offering a significant discount on the new Xbox One Titanfall bundle. Microsoft yesterday confirmed an upcoming cut-price SKU that includes an Xbox One console and a digital download of Titanfall for 399.99 – that’s 30 off the machine’s current RRP. Now GameStop is taking pre-orders on the bundle …
Read More »UPDATE: GAME loses landmark landlords court case
Retailer GAME has lost its landmark legal battle against a consortium of landlords. Retail Week reports that courts have ruled that Game Retail is liable to missed rent payments incurred during its period of administration 2012. It will now be forced to pay back 3m – a sum the chain …
Read More »Merger talks for Dixons Retail and Carphone Warehouse
Dixons Retail and Carphone Warehouse have confirmed they are in preliminary discussions over a possible merger. The pair said in a statement: "These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming. "No decision has been reached regarding the structuring …
Read More »Retailer cuts Xbox One to £399.99
Xbox One can now be had for 30 below its official RRP in the UK. Indie retailer SimplyGames is currently offering the machine for 399.99 via Play.com. That’s nearly 30 off the ‘official’ 429 price for the standalone SKU. The previous cheapest price for the machine was 409.99 from Zavvi …
Read More »Amazon rebrands LoveFilm, ups Prime subscription price
The cost of Amazon Prime membership is getting a significant increase. Having previously warned that such a move was in the offing, cost of Prime membership will on February 26th increase from 49 to 79. However, customers are going to be getting a big extra for the money – Prime …
Read More »GAME and Nintendo on the hunt for UK’s best Pokemon player
The Nintendo Pokemon X and Pokemon Y Battle Tournament 2014 has been officially announced. It kicks off on March 1st and takes place at a number of UK shopping centres – beginning in Birmingham’s Bullring and at GAME Brighton. The winners of both Expert (13 years and over) and Junior …
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