Retail

New research from PricewaterhouseCoopers show that 82 per cent of UK High Street retailers are now offering significant sales or reductions in an effort to get shoppers spending money in the run-up to Christmas. Retail Bulletin reports that just 52 per cent of stores were running sales promotions one month …

EA has scored its sixth Christmas number on in eight years – FIFA 09 has claimed the top spot and trumped the favourite Call of Duty: World at War. Retailer promotions saw sales of FIFA 09 rocket by 89 per cent according to the weekly sales data from Gfk-ChartTrack. Call …

HMV could introduce gaming to ‘millions’ of new consumers, as the chain puts the finishing touches to its specialist games offer. At least that’s according to HMV Group CEO and UK and Ireland MD Simon Fox, who is delighted following the successful acquisition of Gamerbase and the launch of the …

CVs AT the ready – US retail superpower Best Buy has confirmed to MCV that it is looking to recruit far and wide as the firm builds its business in the UK and Europe. In May, the American electronics giant announced a partnership with Carphone Warehouse to establish its brand …

DS stock seems to be a festive issue in North America – GameStop has launched a program allowing consumers to reserve a Nintendo DS and have it delivered to them within a month. Reservations must be made in person at any US GameStop store. Consumers must make pay the full …

Global credit giant Visa has claimed that tomorrow, Saturday December 20th, will be the busiest day on the UK High Street this Christmas. The firm expects to process over 15 million transactions throughout the day, totalling around 750 million. To be even more specific, Visa says the busiest five minutes …

GameStop will be relying on core gamers to help it through this difficult Christmas period, as the economic recession causes the usual customer shift to be less predicatable than in previous years. The retailer has cut its earnings targets for its fiscal fourth quarter – but the company’s chief executive …

It’s that time of year – and retailers need to know the last dates they can get in touch with the UK’s leading distributors. Here, MCV presents the full list of Christmas opening times for Centresoft, Gem, Trilogy and more. Centresoft: Sat, Dec 20th: 9am – 1pmMon, Dec 22nd: 9am …

EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will actively chase up” the entertainment retailer’s debt. EUK and Woolworths joint administrator at Deloitte Neville Kahn said: Zavvi is one of the major customers that owes money …

The death knell has rung for Woolworths – with administrators Deloitte confirming that all 807 remaining stores will be closed down by January 5th. The first stores will close on December 27th – and in more sad news for the firm, all 27,000 permanent and temporary staff will lose their …