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GAME cuts 43 stores, makes 247 staff redundant
GAME Group has announced plans to lay off 247 staff in 43 stores across the country. In an official statement to Edge Online, GAME said: “We regularly review our entire store portfolio, including our concessions, to maximise...
- Posted 15 years ago
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Nearly 1 in every 3 game sales at GAME Group is pre-owned
Game Group announced its preliminary results today and for the first time separated out the gross margin of its pre-owned sales. At the revenue level, roughly one in every three pounds spent on a game is spent...
- Posted 16 years ago
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Second hand games: can ValuValu help consumers get more for their used titles.
From TechCrunch’s elevator pitch comes news of ValuValu, a Seattle start-up that aims to bring sophisticated revenue-management techniques to the selling of video games. Founded by 2 former Microsoft employees, the site is based on the same...
- Posted 16 years ago
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Capcom believes digital distribution is more important than retail for PC games
In an interview with RockPaperShotgun, Capcom’s VP of strategic development argues that for PC games, digital distribution is more important than retail. Asked “Is digital distribution more important to the PC than retail?”, Christian Svensson said ”...
- Posted 16 years ago
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Blockbuster to go bust?
Reuters reports that video rental chain Blockbuster is at risk of filing for bankruptcy, and its shares plummeted 76% on the NYSE, leading to a suspension. The company has confirmed that it has appointed “lawyers and investment...
- Posted 16 years ago
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Zavvi job losses surge past 1,000
MCV reports that Zavvi has closed a further 17 stores, leaving only 31 stores still trading. A further 242 jobs were lost today. Added to the Job Loss Tracker.
- Posted 16 years ago
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Amazon launches games download service
Following its acquisition of Reflexive last year, Amazon has launched its own games download portal. Amazon’s games download service, which is in beta and currently appears to be available only in the US, offers a range of casual,...
- Posted 16 years ago