Feeds

Easter PS2 business rockets EB sales

It's a 'major stimulus'

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Games retailer Electronics Boutique is enjoying the benefits of having stocks of PlayStation2s, but it increased profits without having steady supply of the consoles.

The UK chain has reported net profits of £3.7 million for the year to 31 January, up from £292,000 for the year earlier. Total sales climbed 22 per cent to £307 million. Gross profit margins improved to 32.7 per cent.

The company bought rival high street operator Game in June 1999, which gave it more than 30 per cent of UK market.

In a statement EB said: "Since mid-March, we have seen steady availability (of the PS2). It has provided a major stimulus to our industry and to our business."

Over Easter, EB stores which had been open for more than a year enjoyed a 31 per cent rise in sales. This was due to the ready availability of the PS2, and the arrival of more games for the console. ®

Related StoriesBarrysWorld saved by EB
PS2 'mouth watering prospect' - EB

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.