Blockbuster standalone chain of games stores
The retailer Blockbuster is understood to be rolling out a standalone chain of games stores, a year after it sold its video games arm, Game Station, to Game Group.
The launch will aim to help Blockbuster secure a share of the burgeoning games sector. But a spokeswoman for the retailer declined to comment on the move, saying/ “We are not allowed to talk about company strategy.”
Last week, Blockbuster chief executive James Keyes talked about the company making a “bigger push” into video games and entertainment retail as he revealed its first quarter results. The US-owned company announced a net income of $45.4m (£23.1m) for the three months to April 6, compared with a prior-year net loss of $49m (£24.9m).
The move is likely to follow the $1.1bn (£550m) alliance between the world’s biggest electrical goods retailer BestBuy and Carphone Warehouse, which will see huge US-style stores opening across Europe next year.
Blockbuster is also thought to be developing a service that will allow customers to stream films directly to their TV sets. The new Blockbuster device is expected to launch this month and is understood to be a standalone product like Apple TV.
In the UK, Blockbuster head of marketing Katie O’Rourke has left the company. It is not known if she had a job to go to. O’Rourke, who joined Blockbuster two years ago (MW October 26, 2006), has yet to be replaced.
Within Sonoo Singh, Marketing Week
By Palangkaraya Post on May 23, 2008 in Video Games, Tech
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