[ x ] remove ads and scale site to 1080p+
[ x ] remove the ads & get mobile premium
pay whatever you want to upgrade
 
 

Pachter: UK retail scene is a joke

3:45 PM on 02.11.2013  ·  Jim Sterling@JimSterling
0

Analyst comes down hard on price cut mayhem

Industry analyst Michael "Glowing Tooth" Pachter has criticized UK retailers for their constant attempts to undermine each other in videogame price cuts. The situation is nothing more than a joke at this point, according to the silver fox. 

"The UK games retail market is a joke, with retailers pricing below cost to drive traffic," he told Digital Spy"That's great for consumers, but retailers can't make any money on games, hence the bankruptcies of Game, HMV and Blockbuster, and the refusal of GameStop to expand into the market.

"If all retailers go broke, or if games are dominated by mass merchants like Dixons, gamers are ultimately going to get fewer selections. The absence of GameStop and the demise of GAME limits the ability of consumers to trade in used games, depriving many of credits that can be used to purchase new games. Retail needs to make money to exist, and games retail in the UK doesn't make money."

This has been an issue in the UK for a few years, and Pachter ain't wrong in his assessment. Big supermarket chains are happy to take a hit by marking down videogames to ludicrous degrees, forcing specialized retailers to match or lose. It's definitely gotten crazy, but like Pachter says, it's pretty great for consumers ... at least for as long as the competition exists. 

HMV, Blockbuster fall: The beginning of the end for games retail? [Digital Spy]

 
 

Enlighten an uninformed cougar: FacebookTwitterRedditEmail
 

#Analysts #Industry Bull #Money #retailers #United Kingdom
 
 
 
[x] advertisement
 
 


Jim SterlingFormer Reviews Editor // Profile & Disclosures
Fronts12537Blogs 194Following42Followers1559

Destructoid reviews editor, responsible for running and maintaining the cutting edge videogame critique that people ignore because all they want to see are the scores at the end. Also a regular f... more
Trending on Destructoid:

 
 


Dtoid is fighting adblockalypse without native ad article bullsh* thanks to Huge Members. Please give them sex or donuts:

User Avatar
Cesaran


Since 6:18 PM on 11.28.2013

Aserjiek
Aserjiek


Since 12:03 PM on 03.09.2013

fogiasteph
fogiasteph


Since 1:18 AM on 02.29.2016

hlarge4
hlarge4


Since 9:33 AM on 06.11.2012

 

Please login (or) make a quick account (free)
to view and post comments.





Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!