New Currys Megastore Opens

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When 3000 people showed up at the refurbished Megastore in Wednesbury, near Birmingham in UK, police were called in to stop fights in the queue. Even a motorway junction had to be closed. A 75-year-old woman who had been queuing since 3am collapsed..


Currys Megastore


Sat navs for £19.99, half-price 40-inch LCD flat-screen TVs and Playstation 3 consoles for less than £200 were on sale.

The single-floor, 60,000 sq ft store, is the UK's biggest electricals store. "This is a pilot store and we've got to trade it to see how it works," said Currys director Andrew Milliken. "There's a lot more density in this store, but the aim is that the aisles are kept completely clean so that you can see across the entire store."


Designed in a style like Ikea, if this format works, 20 to 30 more Currys megastores will open. DSGi have refitted 40 PC World stores – 25% of the fascia's portfolio – and 10 stores ahead of target. It will have also revamped seven Currys stores and four Currys.digital stores, and overhauled three of its Nordic stores.

 Go Curry’s Megastore

Where Will This Economy Take Us?

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Nowhere but down. But how far and for how long?

Chart Upside Down

DSGi will cut capital expenditure by £30 million (16%) to save cash while recording the toughest trading conditions in 20 years. Sales at Currys fell 7% on a like-for-like basis in the 24 weeks up to October 18 and likewise PC World watched a 11% drop-off. Sales also dropped across southern Europe and Norway.

Read If You Didn’t Hate Banks Before, You Will Now

GameStop Buys Micromania

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Micromania, game retailer with 332 locations in France and 500 million euro in turnover, will sell to GameStop the Texas-sized giant with 5889 game stores WW (and now 1077 in Europe.) Calling France "Europe’s second-largest video game market", GameStop will play €480 million in cash deal if the EC will clear the deal.

Micromania

"The transaction reflects our belief the European video game market is growing and will be an important part of GameStop’s WW growth," says CEO Daniel A. DeMatteo. "Historically, our most productive use of capital has, by far, been the addition of new stores whether opened organically or acquired. ..." Pierre Cuilleret will remain PDG at Micromania.
Go  GameStop Acquisition

Boxee Wins CES i-Stage Competition

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Boxee wins the new i-stage competition from CEA in USA. Boxee is a "social" media center that allows consumers to share personal videos, music and photos as well as content from websites like Hulu, CNN.com, Flickr and PicasaWeb.

Boxee wins $50,000 and a turnkey booth at the 2009 International CES, world's largest consumer technology tradeshow. Boxee is based on the XMBC open-source project and will re-gift half the money to Team XMBC.

Go i-stage Go Boxee Go XBMC

Serious Gamers Still Favor PC

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While console makers court the casual gamer, serious gamers still favor the PC, says GfK. In H1 2008, UK’s PC gaming market registered over £3.5 million in sales for PC gaming input devices such as mice, keyboards, joysticks and game pads.

For example, gaming chairs (despite an ASP of £76) sold over £1 million so far in 2008. Sales of RAM grew 34% in volume with graphic card volume growth up 15% (more than £20 million in total for graphic cards).
Go GfK Retail and Technology

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