Feeds

Easter PS2 business rockets EB sales

It's a 'major stimulus'

  • alert
  • submit to reddit

Internet Security Threat Report 2014

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

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.