Market share grows for GAME despite small like-for-like shortfall
The GAME Group has issued a short trading update for the 21 weeks to June 28th, revealing the overall sales are up by 4.1 per cent so far this year, although like-for-like sales have declined 2.9 per cent.
The GAME Group has issued a short trading update for the 21 weeks to June 28th, revealing the overall sales are up by 4.1 per cent so far this year, although like-for-like sales have declined 2.9 per cent.
This decline, however, follows a massive increase of 34 per cent in the same period last year as a result of the launch of the GameCube and Xbox in the UK - and as such, since the only new console launch encompassed is the GBA SP, it's still an incredibly strong figure.
According to GAME Group chairman Peter Lewis, the company continues to see improvements in market share. The retail chain already holds an estimated 45 per cent of the UK videogames market.
The statement was issued at the GAME Group annual general meeting, which took place on Thursday.