All Game articles – Page 17
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NewsGame profits and sales slump
Game has reported a pre-tax loss of £18.8m in its first half, against a profit of £14.5m in the same period last year, while revenue also slumped.
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NewsSolid updates ensure retail shares pick up
Store shares shifted off the shelf last week as a raft of decent updates - albeit with the usual caveats about prospects - left investors wondering whether retailers had been oversold.
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NewsHome Retail and Game expected FTSE casualties
Home Retail Group and Game are likely to lose status next week when the FTSE index undergoes one of its regular recalculations.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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AnalysisIan Shepherd
As a keen gamer the new chief executive of Game has just landed his dream job, but will his lack of experience in retail companies matter.
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NewsStruggling Game warns of loss in first half
Continued declining sales and a likely interim loss at computer entertainment specialist Game prompted downgrades by analysts.
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News
Budget drives rise in stock held by short sellers
The proportion of some of the biggest retailers’ stock held by short sellers has risen on the back of uncertainty about the sector’s prospects ahead of next week’s emergency Budget.
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NewsGame appoints new CEO
Game has appointed Vodafone UK consumer director Ian Shepherd as its new chief executive.
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NewsSouthGate Bath 75% let
Shopping centre SouthGate Bath has signed a raft of fashion and electricals retailers ahead of opening in September, meaning the scheme is now 75% let.
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AnalysisHas online sales growth hit a wall?
With Game, HMV and Maplin all reporting falls in online sales, has the ecommerce boom plateaued, or is it a case of a few retailers underperforming?
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NewsGame suffers body blow as two top chiefs exit amid results woe
Game was dealt a blow this week with the exit of its two most senior executives as it revealed a sharp fall in full-year profits and turnover and plans to close more than 100 stores.
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NewsGame’s two most senior executives exit
Game’s two most senior executives, including chief executive Lisa Morgan, have stepped down from the business as it revealed sharp falls in full year profits and turnover, and announced plans to close more than 100 stores.
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Analysis
Retail collaborations
As the new Boots and Waitrose tie-up shows, retailers see real potential in joining forces. But how can you make sure it works?
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NewsStrong software pipeline lifts Game
Computer entertainment group Game is on Seymour Pierce’s buy list following an encouraging update from US counterpart Gamestop.
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NewsGame reshuffles management team
Game has reshuffled its management team to “strengthen the group’s offer in the UK and around the world”.
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NewsVideo games streaming service OnLive to launch in June
Video games online streaming service OnLive, which is expected to pose a significant threat to traditional games retailing, has revealed it will launch in the US on June 17.
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News
Game to shrink portfolio amid tough trading
Entertainment retailer Game is to shut 18 stores and all of its 25 Debenhams concessions as it reviews its property portfolio in the face of “tough market conditions in 2010”.
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OpinionA sensible Game
Game’s decision to close a total of 43 stores and concessions is the right move for a difficult market.
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NewsGame to close 43 outlets
Video game retailer Game is to shut 18 stores and all its 25 Debenhams concessions as it reviews its property portfolio in the face of “tough market conditions in 2010”.