Retail

DSGi has lowered its profit expectations by 40 – 50 million for the year, following disappointing sales over the Christmas period. For the 11 weeks ended December 29th 2007, like for like sales dropped by one per cent, which the group claims is down to generally weaker consumer markets. Overall …

GAME’s sales have rocketed by a mighty 89.1 per cent in 2007 – and CEO Lisa Morgan says there’s more to come before the year is out. Like-for-like sales soared 44.1 per cent in the same period – the 45 weeks ending December 8th. We’re really pleased with the performance …

DSG International is facing the prospect of being de-listed from the FTSE 100, after a string of profit warnings, sluggish sales and over anticipation of demand by the owner of some of the UK’s biggest retail brands in the UK, including Currys, PC World and Dixons. For the full story …

The Viennese Provincial Government has decreed to adopt the PEGI age rating system in order to more efficiently restrict young peoples access to adult themed video games in Austria. The Viennese Youth Protection Act will need to be amended in order for the system to be built into the law, …

Electricals specialist Comet has refitted its 85 stores with a bigger, bolder console hardware offering after a bumper year of sales. The retailer has seen huge growth within its games department over the last year, and has moved to capitalise on that by giving interactive entertainment a far greater in-store …

UK retailer HMV has announced its financial results for the 26 weeks ending October 27th, which show profits of 25.9 million, a big improvement on the 26.1 million loss in the same period last year. Total sales for the period hit 790.2 million, up from the 767.2 million in the …

MCV has a new editor, with Gamestation’s Martyn Gibbs coming on board to manage the Christmas issue of your favourite games trade read. There are only two issues of MCV left before we all take a well-earned break for the Christmas period. But they’re ones to watch. This Friday we …

Leading UK games retailer GAME has reported a total sales increase of 89.1 per cent, including sales from the recently acquired Gamestation, for the 45 weeks ending December 8th, whilst like-for-like sales increased by 44.1 per cent compared to the same period last year. Taking the UK and Ireland in …

Parent of Dixons the DSG International Group has set up a new range of gaming peripherals in tandem with accessories specialist Venom. The 22 lines will be released under the Swordfish label, which is already used within the DSGi business for computer peripherals. The international OEM range hit shelves last …

Following record levels of footfall which saw it attract over 300,000 unique visitors and generate nine million page impressions during October, Shopto.com is looking to break the 500,000 unique user mark by the end of November. The online retailer’s traffic is currently up by 32 per cent for this month, …