What Credit Crunch? UK Games Retail Thriving In Tough Times
MCV Retail Survey 2008 Shows Majority Of Retailers Enjoying Increased Xmas Takings On Last Year
Friday 12th December/…Despite a widely-reported slowdown in consumer spending on the High Street, the majority of specialist games retailers are enjoying a more lucrative Christmas than they did last year. This is according to the findings of a new nationwide study – the MCV Retail Survey 2008 – which shows that 58 per cent of UK retailers believe their Christmas takings are up on 2007.
This year’s annual Retail Survey is the result of in-depth research from leading video games trade journal MCV, featuring responses from a wide variety of UK retailers, including GAME, Blockbuster, Gamestation, HMV and a range of independent stores. The study shows that games retailers are remaining cheerful, despite the reported gloom on the High Street – with 86 per cent of respondents saying they feel confident about their business’s prospects during 2009.
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