Retail

In a statement passed to GI.biz, new CEO Martyn Gibbs confirmed the departures, which form part of the retailer's restructuring drive following its exit from administration last month. More >

Interim DICE CEO and Battlefield 3 executive producer Patrick Bach thinks the dominance of pre-owned at retail is responsible for the lack of diversity on offer in the console market. More >

Game Group appears to have mended its relationship with Electronic Arts and is now stocking March releases and former chart-toppers Mass Effect 3 and FIFA Street online. More >

MCV reports that the buyer is Cherrilux Investments which, like Baker Acquisitions, the company that bought Game's UK stores out of administration, was set up by private equity firm OpCapita for the purpose of the deal. More >

Game Group appears to be back on good terms with Nintendo, and is stocking the Limited Edition of Wii RPG Pandora's Tower. More >

Total spend on new hardware, software and accessories at US retail came to $1.1 billion, a decline of $370 million from the previous year. The biggest decline was in hardware sales, which fell 35 per cent; software sales fell by a quarter and accessories were down 8 per cent. More >

The Huffington Post spotted that the shutters had been dropped on the store, based in Goodge Street off Tottenham Court Road, with the heartfelt message, below, taped to the inside of a window. More >

GameStop’s California-based stores will be required to warn second-hand game buyers that downloadable content advertised as free may require an additional purchase, following the settlement of a class action lawsuit brought against the retailer for allegedly engaging in "deceptive and misleading practices". More >

Following yesterday's request from UK retailer Game Group, the Financial Services Authority (FSA) this morning delisted the company from the London Stock Exchange. More >

UK retailer Game Group has delivered a blow to shareholders this afternoon by requesting that its shares be removed from the London Stock Exchange. More >

Martyn Gibbs, former MD of Gamestation, has been named the new chief executive of Game Group, the nation's largest videogame retailer following its successful exit from administration yesterday. More >

FIFA Street is the UK all-formats number one for a third successive week. EA's five-a-side football game retains top spot despite sales falling 44 per cent, ahead of Mass Effect 3, which rises one place to number two. Another EA title, the newly released Tiger Woods PGA Tour 13, debuts in third. More >

Game's reward card scheme has been reactivated by its administrators PWC. In a series of tweets, the retailer confirms that the loyalty scheme, which was shut down on Monday, is back online - giving a glimmer of hope to the retailer's prospects of a positive outcome from administration. More >

Ailing UK retailer Game Group could exit administration before the week is out, according to reports. Sources close to negotiations have told MCV that a deal is "incredibly close" and the retailer could be saved as early as tomorrow. More >

UK videogame software sales surpassed video sales for the first time in 2011, according to data released by the Entertainment Retailers Association (ERA). More >