After announcing that it is set to bring US and electronics retail behemoth Best Buy to the UK , The Carphone Warehouse has told MCV that existing European retail outlets are failing their customers. Earlier this month, the firm announced that it had invested 1.1 billion in Best Buy – …
Read More »Blockbuster to launch games-only stores?
Blockbuster is ready to become big-name contenders in games retail as each looks to steal market share with the opening of new games-focused stores. In a move that will raise eyebrows at GAME Group HQ, Blockbuster is ready to grab back the revenue stream it lost after selling off its …
Read More »Konami unveils MGS 4 pre-order initiative
Customers who pre-order Metal Gear Solid 4 will receive the Metal Gear Saga Vol. 2 DVD, Konami has announced. Metal Gear Saga is a series of seven documentaries that charts the origins and evolution of the Metal Gear series. Konami has also revealed the limited edition collectors package, which comes …
Read More »Somerfield gets into games
A new Somerfield store based in Surrey will carry a full range of games when it opens on June 11th, marking another big-name entrant to the interactive entertainment market. The move follows a deal with Woolworths and will see three Somerfield stores trial Woolies’ products in areas covering 3,000 sq …
Read More »Best Buy set to invade UK
Best Buy – the massive US electronics retail chain with a large games selection – is set for a massive expansion into the UK and the rest of Europe next year. The news follows a deal between the chain and The Carphone Warehouse, which has sold 50 per cent of …
Read More »GAME proclaimed MCV Pub Quiz champs
The industry’s finest minds descended upon AKA Bar in Holborn last night to go head to head for the crown of MCV/Xbox 360 pub quiz champions, with the team from GAME (pictured) scooping the top prize. Beating off close competition from the likes of Amazon, 505 Games and Sainsbury’s, the …
Read More »GAME Chairman sells £2.28m of stock
The non-executive chairman of specialist UK retailer GAME has sold 850,000 ordinary shares in the firm – making himself a total of 2.28 million. Lewis sold the stock at an average price of 269.23 pence per share. He continues to hold 66,666 ordinary shares in the company. Lewis’ decision comes …
Read More »DSGi to introduce own age rating system
DSGi-owned electrical retailer Currys is planning to place its own age ratings on video games sold through its stores, according to Sky News . The chain wants to ‘establish a customer panel who will rate the games on how fun, suitable and challenging they are’. Sky reports that the sticky …
Read More »GAME boss reveals acquisition checklist
If you’re a specialist retailer with between 20 and 25 stores, you might just be on GAME Group CEO Lisa Morgan’s shopping list this year. That’s according to an interview with the firm’s boss on financial news site Cantos, in which she was asked: Let’s look at your strategy on …
Read More »GAME: We dont want a price war
Game Group CEO Lisa Morgan has ruled out any possibility of a ‘price war’ with supermarkets and online retailers this year. Speaking to financial news site Cantos, Morgan said that GAME was comfortable with the competitive marketplace it operated in – and that potentially damaging cost-cutting "would not be in …
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