News

Last week's UK game sales hit all-time low at £8.4m
Posted: 03.08.2012 13:51 by Simon Priest Comments: 1
According to records, last week's video game sales in the UK retail space were the lowest ever since sales data has been captured by UKIE/GfK Chart-Track. Sales measured at £8.4m.

394,688 games sold to UK consumers with SEGA's London 2012 leading the chart. Analysts partly lay the blame on national events like the Queen's Jubilee, and now the Olympic Games.

However there is certainly no hiding from other difficulties the game retail sector has been facing; poor economic conditions and the slow drawn out end to the console cycle.

Hopes are buoyed by the number of major releases scheduled to hit in the run up to Christmas, with retailers pining hopes to 20 titles that should rake in around £320m over the fourth quarter. This 'top 20' will include the likes of Assassin's Creed III, Call of Duty: Black Ops 2, Far Cry 3, Hitman: Absolution and many more.
Source: MCV

Comments

By herodotus (SI Herodotus) on Aug 03, 2012
herodotus
Even with the imminent release of these titles I think this will be an even slower Pre-Christmas retail period than last year, and not just limited to the UK. The US have their elections, which does not for retail stability make and Australia is suufering job cuts left, right and up the middle with the dying days of the patheticly inept Federal Labor Government (and I'm a Labor supporter - Hell!).