Tough Times for Video Game Specialty Stores
Lamine Lahouasnia, Retailing Analyst at Euromonitor, explains the recent tough times for video game specialist retailers. There are a number of reasons for the slow growth of video game specialty stores. First, grocery stores such as Tesco and Wal-Mart have been expanding their video game selection, lowering unit prices. Secondly, online retailers such as Amazon are becoming more prominent due to the convenience of shopping from home. Finally, the ability to download games via your gaming console is a technology working against traditional stores.