Feeds

Easter PS2 business rockets EB sales

It's a 'major stimulus'

  • alert
  • submit to reddit

High performance access to file storage

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

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.