All Game articles – Page 14
-
OpinionNot so entertaining
You wouldn’t want to be selling anything entertainment-related right now, going by the updates from HMV and Game this week.
-
OpinionHard work begins as retail fortunes diverge
One “dazzling” week’s trade in December gave the impression that retailers’ Christmases had all come at once.
-
NewsFood retailers slide as sentiment worsens
As the Christmas trading statements started to come thick and fast, general retailers just about held their own against the market.
-
NewsGame boss insists it has a future despite anxiety over convenant
Game chief executive Ian Shepherd has insisted the entertainment retailer does not face structural challenges that endanger its future, as he revealed a slump in Christmas sales.
-
NewsGame like-for likes plunge as margins hit
Game UK & Eire like-for-likes slumped 15.2% in the 8 weeks to January 7 as the challenging conditions in the games market continue to take their toll.
-
NewsNew year brings no joy for store stocks
At the end of the year general retailers had sadly underperformed the All-share index, while food groups were also down but not by as much as the market.
-
NewsGame set to appoint Deloitte to plot turnaround
Game Group is set to appoint the restructuring team at Deloitte to help it devise a plan to turn around the business next year.
-
NewsBleak sales growth adds to retail woe
It was another frustrating week for investors in retail companies as food and general merchandise groups put in a lacklustre showing versus a wider market advance.
-
NewsStore sector suffers as market plummets
Store stocks took a pummelling over the week although they did not fall as steeply as the wider market.
-
Opinion
Less is more for the consumer this Christmas
As retailers bite their nails as the Christmas trading season gets into full swing, last week brought an insight into how consumers are likely to behave.
-
NewsGlimpses of positivity despite shares slide
Stores shares were down slightly compared with the previous week, when they had advanced following the dramatic events and reams of interim results from major retailers.
-
NewsGame downgrades sales forecasts in “extraordinary economic times”
Game has revealed a like-for-like sales fall of 8.6% in the 41 weeks to November 12 as the retailer suffers in “extraordinary economic times”.
-
NewsRetailers feel the heat as consumers save
Store stocks nudged up over the week, but analysts and retailers alike wrung their hands about trading prospects and consumer health as the countdown to Christmas continued.
-
NewsGame launches new payment system to capture digital spend
Game has launched a new way of paying for its products as it aims to capture share in the digital games market.
-
NewsTesco’s Price Drop hits other grocers
Tesco’s share price rose in the week that it launched its Big Price Drop, but the move hit the value of its food retail rivals.
-
NewsGame resists City calls to close more stores
Game has insisted it needs a large bricks-and-mortar presence despite analysts calling for more store closures to cut costs as the retailer posted widening first-half losses.
-
NewsGame losses widen in first half
Game made a loss before non-recurring costs and tax of £48.5m in the six months to July 31, compared with a £18.8m loss in the same period last year.
-
NewsDigital deal takes Game into instant-play market
Entertainment group Game has formed a strategic partnership with on-demand and ‘cloud’ gaming specialist OnLive to provide the latter’s service to UK consumers.
-
NewsGame multichannel deal pleases the sceptical City
A further push by Game into multichannel retail was welcomed by analysts, but the City wants to see the games specialist to “dramatically” reduce its store numbers.