“Although we have seen further like-for-like declines. She said the software release schedule for the second half of the current year was much stronger than the first half, with titles including Wii Fit Plus, Singstar: Take That, and Forza Motorsport 3 due for release. This compares with a fall of 6.3 percent for the 11 weeks to April 18, indicating underlying sales have slumped by about 25 percent over the latter 10 weeks.Ĭhief Executive Lisa Morgan blamed the decline on an exceptionally strong release schedule in the previous year. The group, which trades from 1,367 stores, concessions and franchises in nine European countries and Australia, said like-for-like sales fell 15.4 percent in the 21 weeks to June 27. ![]() LONDON, July 2 (Reuters) - British video games retailer Game Group Plc GMG.L on Thursday reported an accelerating decline in sales, only partly offset by better profit margins, sending its shares as much as 11 percent lower.
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