When we last mentioned the plight of poor high street retailer GAME, its share price was languishing at a new low of 0.6p. It's now up to well over 3p today, on the back of positive news of a potential buyer stepping in to save the day.
GAME Group's share price has plummeted to less than the cost of a scratched old copy of Gran Turismo 2 without a box or manual, as the troubled high street chain is forced to admit it still can't source stock of some new titles and is "uncertain" what its future may hold.
The EU’s just decided that you should be able to dump your old and busted electronics on shops, whether or not you bought them there and even if you’re not buying anything new from them. The retailers will have to fund the e-waste clean up, which means your dead iPod or stereo might be the straw that breaks the camel’s back for stores on the edge like Currys.
Losses at the Dixons group have trebled over the last year, with the electrical seller losing £25.3m. It's positive about the future, though, claiming shop refits are turning the tide and gaining market share from the strugglingcompetition. [BBC]
UK supermarket Sainsbury's has emerged as the unlikely buyer of Global Media Vault, which it describes as a "white label online digital entertainment business". Streaming Sainsbury's video on the way soon, then.
Blue t-shirts. Minimalist design ethic. Smiling staff. Lovely tables. The above familiar retail scene isn't the latest Apple store, it is in fact the very first "Chrome Zone"--A Google shop dedicated solely to trying to sell the UK some Chromebooks.