Feeds

Game Group growth slows

Fewer customers through console door

The essential guide to IT transformation

Game Group saw sales growth slow to 11.4 per cent in the 44 weeks ended 29 November, down from 44.1 per cent in the same period last year but recent trading has been substantially worse - for the last 18 weeks of the period like-for-like sales fell to just 1.5 per cent.

Game's international sales were even worse with like-for-like sales up just 0.7 per cent. Despite this, the retailer, which controls about a third of Blighty’s computer gaming market, said in an interim trading statement that it was “confident of a successful outcome for the year”.

Game, which sells a range of popular consoles and games including PlayStation3, Xbox 360 consoles and Nintendo’s Wii, said its customers spending patterns had remained “relatively resilient considering the challenges in the wider economy”.

Analysts have said that the company could benefit from Woolworths' demise after the retail giant went into administration last week.

Game, whose shares have fallen about 40 per cent so far this year, said it has opened 183 new stores in the past 12 months and will have 1,340 shops open in the run up to Christmas.

It will report crucial Christmas results on 13 January 2009. ®

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?