Retail

US: Take Two encouraged by Black Friday sales

Take Two’s chief executive Strauss Zelnick is satisfied with the company’s performance during Black Friday, but warned that healthy sales at this point do not guarantee success in December. Speaking at the Reuters Media Summit in New York, Zelnick addressed the recent Black Friday sales, stating: I think everyone was …

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GAME plots French expansion to compete with GameStop

GAME CEO Lisa Morgan has told MCV that the company is confident it can tackle GameStop’s dominant presence in France. GAME’s current ten per cent share of the French market is dwarfed by fellow retailer Micromania, which claims 23 per cent of the market. Micromania is the leading independent video …

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Zavvi buys direct as it cancels orders

Zavvi is the latest retailer to set up a direct buying relationship with entertainment suppliers – following EUK’s decline into administration last week. EUK previously bought and supplied products for Asda, Zavvi, Sainsbury’s, WH Smith, Morrisons and Woolworths. However, since parent company Woolworths pulled it into administration last week, relationships …

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US: Xbox 360 outsells PS3 by 3-to-1

The Xbox 360 enjoyed a successful Black Friday as it recorded record-breaking sales in the US, outselling rival console PS3 by a ratio of three-to-one. Retailers reported the console’s sales were on track to outperform previous years, estimating a 25 per cent increase in hardware sales when compared to the …

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Like-for-like sales up at GAME

The UK’s leading games retailer GAME has revealed that its total group sales for the 44 weeks up to November 29th are up 27.4 per cent compared to same period in 2007, with like-for-like sales increasing by 11.2 per cent. For the UK and Ireland total sales climbed 25.1 per …

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Project Zero IV conjuring up PAL release

The Australian version of Official Nintendo Magazine has for the first time dated the Western version of Tecmo’s spooky survival horror outing Fatal Frame IV, claiming that it’s being lined up for an Aussie release next February. Owing to the added regional challenges of publishing in Europe, this does not …

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GTA IV for £18 as Play.com launches Mega Monday

Play.com has kicked off its Mega Monday sale, reducing a number of leading new releases to 18 or under. Deals include Midnight Club: Los Angeles, Saints Row 2, Shaun White Snowboarding, High School Musical 3: Senior Year Dance!, GTA IV, Manhunt 2, Star Wars: The Force Unleashed, The Last Remnant, …

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Asda makes move to buy direct

Asda has confirmed to MCV that it has started buying stock directly from entertainment suppliers – to avoid a Christmas stock crisis in the wake of EUK’s demise. MCV understands that the firm still had six months left on a contract with EUK when the firm fell into administraion yesterday. …

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Assassins Creed 2 confirmed

As part of its recent financial results , Ubisoft revealed that it is unsurprisingly hard at work to a sequel to 2007 chart success Assassin’s Creed. The publisher would not commit to a release window for the title, nor that it would arrive in the company’s 2010 fiscal year, but …

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Woolworths headed for insolvency?

Woolworths is ‘a few desperate hours of negotiation’ away from administration. That’s according to The Times, which quotes sources saying ‘administration is the most likely option as the retailer scrabbles to find sufficient funds to pay its monthly wage bill’. However MCV can confirm that the chain’s games buying team …

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