HMV Canada Owner Buys HMV UK's Debts

January 22, 2013 -

HMV Canada owner Hilco has picked up the tab for the U.K.-based HMV retail chain, The Financial Times reports (subscription required to view). Hilco has purchased the debt that HMV UK owed to Lloyds bank and Royal Bank of Scotland, which is estimated to be around £176 million. Many speculate that Hilco paid far less than the estimated debt that HMV went into administration for.

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GAME Interested in 45 HMV Stores

January 18, 2013 -

UK retailer GAME is interested in buying some of troubled retailer HMV's stores in the UK, according to GII. GAME CEO Martyn Gibbs has confirmed with the Financial Times that his company is in talks with HMV administrators Deloitte about acquiring some of the company's stores in the UK.

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UK Retailer HMV Goes Into Administration

January 15, 2013 -

UK retailer HMV will enter into administration on Tuesday, the company announced. The move to administration (the European equivalent of bankruptcy here in the U.S.) comes after major suppliers like Universal Music, EMI, Warner Brothers and Disney refused to provide further financing needed for the retailer to continue trading. The company has turned to Deloitte as its administrators after lackluster Christmas sales made the retailer unable to secure terms on various loans. If things go badly it could mean the loss of an estimated 4,500 jobs and the possible closure of over 200 stores.

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Best Buy Offers Wii U Basic with Nintendo Land for $299

December 27, 2012 -

If you didn't get a Wii U under the tree but don't have enough money for the more premium retail version of Nintendo's latest living room console, then this tweak from Best Buy might entice you a little. Best Buy is now offering the 8GB basic Wii U bundled with the game Nintendo Land for the same $299 as the basic set costs on its own elsewhere. The premium version retails for $349 and includes a charging cradle for the gamepad, a 32GB storage drive, and the Nintendo Land game.

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UK Retailer Comet to Close All Stores, Lay Off 6,600 Employees

December 17, 2012 -

The end has finally come for UK retailer Comet, as it prepares to close the doors of all its stores in the region on Tuesday. Administrator Deloitte has confirmed to MCV that all of the remaining Comet retail stores will close their doors tomorrow (December 18th). Many of its stores closed for good over the weekend. This shutdown of its operations will result in the loss of an estimated 6,600 jobs just days before the Christmas Holiday.

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GAME, IGN Team Up for Special Events in 2013

November 23, 2012 -

UK games Retailer GAME and IGN announced a partnership this week that will see the two companies team up in 2013. Under the terms of the new deal IGN and GAME will work on a range of community based initiatives including special events, live-streamed gatherings and events, and "special guests" at GAME store locations.

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GameStop Records $624 Million Net Loss in Q3

November 15, 2012 -

Video game retailer GameStop announced that it suffered a $624 million net loss in revenue for the third quarter that ended on October 27. While GameStop said that results exceeded expectations for Q3, it highlighted the fact that sales were down on new software, used software and new hardware. Total sales fell approximately 8.9 percent to $1.77 billion while store sales also fell 8.3 percent. Overall, GameStop recorded a consolidated net loss of $624.3 million.

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UK Retail Sources Worry of Wii U Shortages at Launch

October 25, 2012 -

Unnamed sources speaking to C&VG are sounding alarm bells today that the United Kingdom may face a shortage of Nintendo's Wii U consoles when it is released in November. A "retail source" told CVG that the company he or she works for does not have enough Wii U units to fulfill pre-orders. That source claimed that they would be receiving around 25,000 units.

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Microsoft Expanding Subsidized Xbox 360 Offerings

October 23, 2012 -

Microsoft has expanded its subsidized Xbox 360 offer to include bigger and better models, according to this updated Xbox.com product page. Microsoft will soon offer the 250GB Xbox 360 for $99 or $149 with Kinect. The two new options join the original 4GB with Kinect option, which remains $99. The catch (as has already widely been detailed) is that those who buy these cheaper models will be obligated to pay $14.99 a month for an Xbox Live Gold account for two years.

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Wii Gets a Price Cut, New Bundle

October 15, 2012 -

Nintendo announced this morning that it has slashed the price of the Wii to $129.99 in the United States. The lower-priced SKU also comes bundled with two games - Wii Sports and Wii Sports Resort along with one black console, and a black Wii Remote Plus controller and Nunchuck - of course. The two games will be included on a single disc - just like they did with Duck Hunt and Super Mario Bros. on the NES. Look forward to seeing those packed-in discs for sale at GameStop in about a month....

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Minecraft Prepaid PC Game Cards Hit Select Retailers

October 1, 2012 -

Mojang announced via its website that it is now offering prepaid game cards for its hit game Minecraft at various retailers. Now players can buy the cards for $26.95, the same price as downloading Minecraft online. For now the cards are available at Walmart, Target, and Best Buy, and they are only available in the United States. Find out more about them at Minecraft.net.

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GameStop Offers Wii U Waiting List, But Only for PowerUp Rewards Members

September 26, 2012 -

Yesterday we reported that retailer GameStop halted its pre-orders for both models of Nintendo's Wii U console. Today the retailer wants those who didn't get in on the action to get in on a waiting list. The problem is it's only for PowerUp Rewards members. A cynical person would suggest that this is all some clandestine plan by GameStop to boot its PowerUp Rewards membership numbers.

From the FAQ:

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GAME to Rebrand All Gamestation Stores in UK

September 14, 2012 -

The Gamestation brand of retail stores are now officially dead, with GAME announcing that it will rebrand all of its stores in the UK under its main brand name. Ultimately that means that there will be a total of 341 Game stores in the UK, according to the fine folks at Tech Radar.

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GameStop: Selling the Classics

August 30, 2012 -

According to a report on Polygon, video game retailer GameStop is seriously considering including a destination inside its retail stores specifically for shoppers looking to purchase classic game cartridges and discs that are no longer being carried by most retailers.

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Retailers Exempt from SEC Disclosure Rule on 'Conflict Minerals'

August 24, 2012 -

While companies like Sony, Nintendo and many other are being called out for their use of "conflict minerals," a new SEC policy about disclosure of these materials being funneled out of the Democratic Republic of Congo will apparently not affect retailers.

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Google Announces Google Play Gift Cards

August 22, 2012 -

If you've longed for using currency that doesn't come at the expense of your credit card on Google Play, then you'll be delighted to hear that Google has officially announced the availability of Google Play gift cards.

Those cards, which come in increments of $10, $25 and $50, will make their way to such retailers as Target, RadioShack and GameStop in the United States over the next few weeks. Google says that these cards will be available on Walmart.com later this month, but not in Walmart stores for some reason.

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EA Executive: Retail Will Be Dead in a Decade

August 21, 2012 -

EA Games executive vice president Patrick Soderlund said during a recent interview with Computer & Videogames that brick-and-mortar retail distribution will probably be dead in the next decade. He also thinks that the new generation does not care all that much for owning physical copies of games. He also noted that the acceleration of the digital distribution space is not slowing down, even as packaged goods sales are.

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Poll: Should Video Game Ratings Be Legally Enforced at Retail?

August 15, 2012 -

In the United States, there is no law forbidding retailers from selling an M rated game to someone under age 17 and thanks to the Supreme Court’s ruling in Brown v. EMA, that’s not likely to ever change.

But is that the way it should be?

Across the pond in the UK, retailers are legally forbid from selling PEGI 12, 16, or 18 games to kids younger than the rating indicates.  Are the Europeans doing it right?

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Retail Video Game Sales Continue Decline in July

August 10, 2012 -

Retail video game sales fell 20 percent in July compared to sales in July of 2011, according to retail research firm NPD Group. The U.S. video game industry saw $548.4 million in July, compared with $686.3 million in the same period a year ago. July marks the eighth consecutive double-digit drop since November of 2011.

Declining sales in July are believed to be the result of a lack of new releases during the month, a disinterest in consoles like the Wii and the tail end of console life cycles. Consumers spending more on digital goods is also having an effect on retail numbers.

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Analyst: Retail Game Sales Will Be Down 26 Percent in 2012

August 8, 2012 -

Packaged goods sales in the United States will drop 26 percent in 2012, according to analyst Doug Creutz of Cowen & Company. Creutz says that double digit declines in the sale of video games at retail are likely to continue all the way to the end of 2012 due to the tail end of the life cycle for the PS3 and Xbox 360 console, as well as the continued weakness related to the Nintendo Wii.

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Four Million Witcher Games Sold Worldwide

July 11, 2012 -

CD Projekt RED announced that The Witcher series has managed to hit a major milestone: over 4 million copies sold to date. The numbers come from the collective worldwide sales of The Witcher for PC and Mac, and The Witcher 2 for PC and Xbox 360. The Witcher 2 will soon be available on Mac systems. The Witcher games on PC and Mac are DRM-free, which we'd like to believe was a contributing factor in the strong sales for the series...

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GAME Australia's Remaining Stores to Close July 8

July 6, 2012 -

GAME Australia will officially shut down on July 8, with the remaining 15 stores closing across the country, according to administrator PriceWaterhouseCoopers. Last month PwC announced that GAME Australia would be closing the remaining stores but did not offer an exact date at the time. The Administrator for GAME Australia also announced that the remaining assets of the video game retailer would be liquidated to pay down the company’s debt.

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Games Australia Has Fire Sale to Pay Off Creditors

June 20, 2012 -

In a not-so-surprising twist, Games Australia administrator PricewaterhouseCoopers announced that at today's creditors meeting stakeholders came to the conclusion that the best thing that could be done for the troubled retailer is to liquidate the company. Today administrators Kate Warwick and Greg Hall were named as the liquidators who will oversea the final and irrevocable sale of GAME's assets.

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GAME Australia Closes 16 Stores, Remaining 15 to be Closed in the 'Coming Weeks'

June 19, 2012 -

GAME Australia administrator PricewaterhouseCoopers (PwC) announced that it will "immediately" shut down 16 retail stores in Australia, with the remaining 15 stores to be closed in the "coming weeks." The retailer went into administration (bankruptcy protection) last month, and while there was plenty of optimistic talk about saving the chain in Australia in the lead-up to today's news, most believed the writing was on the wall for the company.

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Report: All GAME Australia Stores to Close By the End of Next Week

June 8, 2012 -

Citing an anonymous source close to the retailer, GameSpot Australia is reporting that all of Australia's GAME retail stores will be shut down by the end of next week. The anonymous source also asserts that the business is now "$120 million in debt."

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GameStop: Next-Gen Consoles Will Allow Used Games

June 6, 2012 -

Despite all the talk about a next-generation console future where consumers are not allowed to play their used games by evil platform holders like Microsoft and Sony, retailer GameStop says that such a future is unlikely. The video game retailer firmly believes that the next generation consoles from both Sony and Microsoft will handle the business of retail trade-ins and used game sales the way they always have - by mostly ignoring them. The company made its remarks during an investor meeting with analyst firm Baird Equity Research.

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June is 'Entertainment Ratings and Labeling Awareness Month'

June 1, 2012 -

The Digital Media Association (DiMA), Entertainment Merchants Association (EMA), National Association of Recording Merchandisers (NARM), and National Association of Theatre Owners declare June to be "Entertainment Ratings and Labeling Awareness Month." June has been proclaimed "Entertainment Ratings and Labeling Awareness Month" by the groups since 2004. The participating organizations are encouraging movie theaters, and retailers of movies, music, and video games to highlight the importance of ratings systems to their customers.

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GAME Australia to Close 60 Stores

May 25, 2012 -

PricewaterhouseCoopers, administrator for GAME Australia, announced plans to close a number of underperforming retail stores in the country today. PricewaterhouseCoopers announced that it will close 60 stores in Australia and lay off 264 employees. Seventeen additional employees will be let go at GAME's head office as well.

"This is a difficult time for employees and closing the stores was not a decision we made easily," said Kate Warwick of PricewaterhouseCoopers. "However it is not financially viable to continue to operate at this level at this time."

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GAME Confirms Cancellation of 2012 GAMEFest

May 23, 2012 -

Troubled UK retailer GAME announced via Twitter today that it has canceled its GAMEfest event this year.

"I'm afraid #GAMEfest won't be happening this year - but we do have some cool things in the works! Stay tuned," the company said to several consumers who enquired about the event.

In a subsequent tweet the company said that "by the way - this doesn't mean it won't happen next year. *wink*"

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PriceWaterhouseCoopers Meets with GAME Australia Creditors Next Week

May 18, 2012 -

The Australian arm of UK games retailer GAME made headlines on Monday when it told customers that it couldn’t honor its pre-orders for Diablo III. As one might imagine, this was not great for the company's reputation amongst customers, but luckily Blizzard stepped in and saved the day. This news came after news on Monday that it had entered into administration and had named PriceWaterhouseCoopers as the administrator.

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MattsworknamePS: hudson played winston zedimore08/03/2015 - 7:24am
Mattsworknameinfo: the orignoal cast wasn't part of Star trek, but the charecters in the movie were the same charecters. Ghostbusters with out stance, ego, venkman, and Earnie hudsons charecter, whose name I forget for some reason , feels wrong to me08/03/2015 - 7:23am
PHX Corphttp://www.nintendolife.com/news/2015/08/scathing_nikkei_report_hints_at_shameful_treatment_of_staff_by_dictatorial_konami_management Scathing Nikkei Report Hints At Shameful Treatment Of Staff By Dictatorial Konami Management08/03/2015 - 7:15am
IvresseJust finished with Coxcon 2015 last night (convention in the UK organised by Youtube Jesse Cox). Was a damn good weekend meeting Jesse, Totalbiscuit, Dodger etc. and getting to ask them questions and stuff.08/03/2015 - 6:15am
InfophileReference for my comment earlier about Dan Aykroyd in the new Ghostbusters: http://www.theguardian.com/film/2015/jul/15/ghostbusters-call-dan-aykroyd-for-cameo08/03/2015 - 6:00am
benohawkI hope the new ghostbusters is good regardless, but I also expect it to have to surpass the orignal for people to acknowledge that.08/03/2015 - 1:37am
benohawkMecha, those changes are also some of the bigger complaints I've heard about the Abrams Star Trek movie.08/03/2015 - 1:35am
MechaTama31https://www.youtube.com/watch?v=vU_D96AdK0M <-- Letterman interview with Bill Murray, he seems to have a similar opinion to mine about the pink-slime movie.08/02/2015 - 11:27pm
MechaTama31I don't think it's as big a deal as you think, matts. After all, JJ Abrams' Star Trek removed the original cast (mostly) and changed the formula significantly. If the movie is enjoyable, people will enjoy it.08/02/2015 - 11:23pm
MattsworknameDoc: Hope he recovers soon.08/02/2015 - 7:49pm
Matthew Wilsonhttp://www.pcgamer.com/what-directx-12-means-for-gamers-and-developers/#page-1 by Peter Thoman, and better known by the name Durante. he talks about dx12 in detail08/02/2015 - 7:45pm
DocMelonheadIGF's Chairman resigns due to cancer: http://igf.com/2015/07/letter_from_the_chairman_so_lo.html08/02/2015 - 6:46pm
Matthew Wilsonit wont let me update it, so the title is Tifa's Breasts Too Big for the FF7 Remake?08/02/2015 - 6:14pm
Andrew EisenRemember, when linking videos, please tell us what it is (title usually words) in addition to who it's from.08/02/2015 - 6:05pm
Matthew Wilsonhttps://www.youtube.com/watch?v=HxVv7pbqXvY a interesting video video by Gaijin Goombah08/02/2015 - 4:54pm
MattsworknameInfo: Well thats something at least08/02/2015 - 3:04pm
Infophile@Matt: Apparently Dan Aykroyd actually is involved. We don't know how yet, though, but he's apparently going to be in the movie in some way.08/02/2015 - 4:17am
MattsworknameI still hold that not having the origonal cast invovled in any way hurts this movie, and unless the 4 actresses in the lead roles can some how measure up to the comic timing of the origonal cast, i just don't see it being a success08/02/2015 - 12:46am
MattsworknameMecha: regardless of what you think of it, GB 2 was a finanical success and for it time did well with audiances ,even if it wasnt as popular as the first08/02/2015 - 12:45am
MechaTama31I think they're better off trying to do something different, than trying to be exactly the same and having every little difference held up as a shortcoming. Uncanny valley.08/01/2015 - 11:57pm
 

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