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Send to email | Game Sales Help Boost HMV In "Next-Generation" Store Rollout [Hmv] in Hmv Financial Industry News Retail | By Leigh Alexander el 03-Jul-2008 | Strong video game sales, on both console and PC, helped drive retailer HMV to a 25 percent growth in their fiscal year results. The boost, the company says, will help it speed up the rollout of some fancy new stores. Reported the UK Independent: HMV said its pre-tax profits rose by 25.2 per cent to £56.6m and total sales grew by 11.3 per cent. Simon Fox, the chief executive, said: "A year ago, we said this would be a year for stabilising the business, but actually it turned into a year of growth. We are only one year into the three-year turnaround strategy, but we are definitely ahead of schedule." Fox also laid out exactly how much improving game sales had helped: Mr Fox said HMV increased its share in the booming market for video games and technology products. These accounted for 21 per cent of total UK and Ireland sales over the year, up from just 14 per cent a year ago. Mr Fox added: "[The] games [market] is cyclical, but people expect it to be longer and stronger than previous cycles. The Wii [Fit] is a fantastic product and is still in short supply." The revenue boost will help HMV renovate 10 to 15 more of its stores to a "next-generation" format, which will include multiplayer games and kiosks, over the coming year. The retailer says its trial stores have shown promising results thus far. HMV pushes ahead with roll-out of new-style stores after profits soar 25% [The Independent]

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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| PlayStation Store Update: Siren And Summer Sales [PlayStation Store] | | The PlayStation store has updated today, bringing with it the survival horror creepiness of Siren: Blood Curse, as well as bargains as far as the eye can see! The big news is of course Siren, a Blu-ray-sized game cut up into bite-sized chunks for easy consumption. There are tw [..] Read complete article |  | Published 24-Jul-2008 by Mike Fahey in PlayStation Store 1942: Joint Strike News PS3 psn siren: blood curse Sony Read 1 times. More hits in ![Images about PlayStation Store Update: Siren And Summer Sales [PlayStation Store]](./images/photo.gif) |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| GTA IV makes Xbox 360 sales jump 125% in UK | Filed under: Microsoft Xbox 360, Business
Microsoft is apparently quite happy with the hardware sales boost it received with the release of GTA IV in Europe. GameDaily reports that [..] Read complete article |  | Published 08-May-2008 by Alexander Sliwinski in grand-theft-auto-ivgrandtheftautoivgta-ivgtaivmicrosoft Read 5 times. More hits in  |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs Nerdblog.Net |
| Blu-ray boom not enough to rescue DVD sales
(Reuters) | | Reuters - Since Blu-ray Disc's
victory in the hi-definition DVD format war, data have trickled
in suggesting a sales boost for Sony's fledgling technology.
But if the pace doesn't quicken, home video might not return to
sustained growth mode for several years. YahooTechNews [..] Read complete article |  | Published 23-Apr-2008 by Nerdblog in General Read 9 times. More hits in  |
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