Tag Archives: retailer

GAME responds to staff concerns

High Street games retailer GAME has responded to claims made by an employee who established a Facebook group for all staff affected by the recent reduction in working hours for many of the chain’s UK workers. GAME confirmed last month that, following a period of internal review, it has reduced …

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GAMEs digital battle cry

Leading UK video games retailer GAME has outlined its ongoing strategy that it hopes will increase the amount of its revenue that stems from its digital business. At the moment in-store physical sales still account for 94 per cent of the retailer’s total revenue, but amongst GAME’s digital aspirations is …

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Execs go as GAME profits fall

This morning’s news of wholesale changes at GAME Group have sent shockwaves through the industry and its share price tumbling. On a day when tough trading conditions have finally been brought into focus for the entire business, erstwhile chief executive Lisa Morgan has stepped down after 14 years of service. …

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GAME cuts some staff hours

Retailer GAME has made its first moves following the staff consultation period it entered into last month, with some employees seeing their contracted hours reduced. MCV reported last month that employees had been called into meetings in stores across the country to be informed of the national review and to …

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Best Buy posts 24.5% profit rise

Electronic retailer Best Buy has announced a 24.5 per cent increase in gross profit of $12.2bn for its fiscal year ending February 27. The retailer posted gross revenue for the year at $49.7bn – a ten per cent increase on last year’s figure. Online sales were also up 20 per …

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Best Buy to open fourth store in Aintree

Retail giant Best Buy has announced plans to open its fourth outlet in the UK in Aintree, near Liverpool. It will open four branches in spring this year, which will showcase the latest technologies such as games, consoles and other computer electronics. The Aintree store will be situated at London …

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New online retailer eyes £100m turnover

Zoombits believes it can turnover 10 million in games by the end of 2010, MCV can reveal. The online retailer – formerly known as Memorybits – is on the hunt for two games buyers to help drive sales. The firm also plans to sell software at cost in an attempt …

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Online retail start-up takes on rivals

An ambitious online games retailer believes it will be able to steal considerable” market share from Amazon, Play.com and ShopTo.net this Christmas after a major investment in its site. GameGears.co.uk is eyeing a 2 million turnover for the next calendar year, after striking deals with publishers such as Activision for …

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The Hut swoops for Zavvi.co.uk

Online retail specialist The Hut has bought up the rights to Zavvi’s online identity and portal, MCV can reveal. A new holding page on the Zavvi website yesterday promised that ‘exciting’ news was to be revealed at 10am this morning. However, come the hour no announcement was made, but the …

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