Christmas demand boosts Game sales

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;christmas-demand-boosts-game-sales&period;jpg"><img class&equals;"alignnone size-full" title&equals;"Game said strong Christmas demand for new video games helped it deliver an improved sales performance" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-christmas-demand-boosts-game-sales&period;jpg" alt&equals;"Game said strong Christmas demand for new video games helped it deliver an improved sales performance"&sol;><&sol;a><&sol;p>&NewLine;<p>Retail chain Game has said strong Christmas demand for new video games such as Call of Duty&colon; Black Ops and FIFA 11 helped it deliver an improved sales performance over the festive period&period;<&sol;p>&NewLine;<p>Game saw UK and Ireland like-for-like sales declines narrow to 0&period;5&percnt; in the five weeks to January 8 from a 7&period;6&percnt; drop in the previous 18 weeks&period;<&sol;p>&NewLine;<p>The retailer&comma; which has 641 UK and 677 overseas stores and concessions&comma; weathered the high street snow impact and difficult trading conditions which hit rival HMV over Christmas&period;<&sol;p>&NewLine;<p>It has been helped by record-breaking sales of new blockbuster games&comma; as well as the launch of motion-sensing devices Kinect for the Xbox and PlayStation&&num;8217&semi;s Move&period;<&sol;p>&NewLine;<p>Shares in Game jumped 14&percnt; as the City cheered news of a further improvement in sales&period;<&sol;p>&NewLine;<p>The UK and Ireland performance made up for tougher trading overseas&comma; where like-for-like sales fell 4&period;5&percnt; against a 0&period;5&percnt; rise the previous 18 weeks&period;<&sol;p>&NewLine;<p>The Christmas and New Year period is key for the group&comma; typically accounting for around 25&percnt; of its sales&period;<&sol;p>&NewLine;<p>Game said underlying pre-tax profits for the year to January 31 would be in line with market expectations at between £37 million to £39 million&period;<&sol;p>&NewLine;<p>It had been struggling in the face of fierce competition from supermarkets&comma; with UK and Ireland sales down as much as 16&period;2&percnt; in the first half&period;<&sol;p>&NewLine;<p>The group has been increasingly moving into sales of secondhand games and consoles&comma; which are expected to make up 25&percnt; of its turnover this year&comma; and is also restructuring its UK and Ireland store base with plans to trim its portfolio to 550 by Christmas 2013&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-69e4795e4ad25">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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