Retail

Shares in DSG International fell to 46p last Friday as it prepared to reveal its results this Thursday, according to the Independent on Sunday. Shares have fallen from a high of 176p over the past few months following two profit warnings, with chief executive John Browett already stating that pre-tax …

One year on after it was snapped up by former rival GAME, Gamestation’s managing director Martyn Gibbs has told MCV that the retailer has retained its autonomy – and is looking forward to expanding its presence further. While there were initial fears that the high profile deal would bring about …

Tesco has reported a bigger-than-forecast slowdown in sales in its core UK business for its first quarter – particularly in non-food categories. Like-for-like sales in the 13 weeks to May 24th rose by 3.5 per cent excluding petrol and new store openings – winding down from the growth of over …

MCV Award winner Grainger Games has opened its 14th and 15th store in Hartlepool and Middlesbrough. The ambitious independent chain told MCV last month of its desire to open seven new outlets this year, and the new shops in Middleton Grange Shopping Centre and Captain Cook Square mark the beginning …

Tesco and Future-published games site GamesRadar.com have joined forces to create what it has dubbed ‘the UK’s biggest-ever games magazine’. The free publication will be distributed through 425 Tesco supermarkets as well as with online purchases from the Tesco Entertainment website from June 16th. It is another step in Tesco’s …

Independent retailers have turned to the likes of Tesco and Asda to secure cheaper stock in favour of the usual distribution channels. Described as ‘Tesco Distribution’ from within the trade, indies have been making the most of the supermarkets to make up for their low allocation of products such as …

Despite costing a whopping $185 million to make, Steven Spielberg and George Lucas’ latest cinema outing Indiana Jones and the Kingdom of the Crystal Skull made an estimated $311 million worldwide in its opening weekend, the Associated Press reports . Coming 19 years after the release of Indiana Jones and …

HMV has spoken of its respect for specialist GAME in a new interview with MCV. The firm’s commercial manager for games Jonathan Hayes said that both HMV and GAME were united in offering something that kept consumers away from online retailers – such as Play and Amazon – and supermarkets. …

Despite revealing her criteria for acquisition targets last month, GAME CEO Lisa Morgan has told MCV that the firm isn’t expecting to grow through buyouts any time soon. Speaking after GAME’s impressive financial results announcement last month, Morgan said that the firm’s strategy hadn’t changed” and that any potential acquisition …

Video games saved British retail’s blushes in April – with High Street sales falling by less than expected thanks to a consumer ‘rush’ to buy interactive entertainment. According to The Office for National Statistics, overall retail sales volumes fell for the second straight month in April, down 0.2 per cent …