by Christina Lee on September 9th, 2009
With today’s economic instability, retail industries have managed to stay afloat by recovering best-selling products of their past and catering them to present customers. Such a strategy is all part of a retail mantra becoming more prevalent in modern marketplaces: stick with what works, the tried and true. Take note from a few industries who are adapting this for themselves:
Video Games
Though experts deemed the video game industry recession-proof in 2008, it finally began to show some weakness in 2009, as profits fell 14 percent in July from the same month last year. In efforts to counter this fall,... Read more »
by Christina Lee on February 23rd, 2009
Anticipation is building for the April 5 U.S. release of the Nintendo DSi, the second revamping of the company’s handheld gaming system.
Tens of millions of DSi’s predecessor, the DS Lite, have sold worldwide since its release in early 2006, according to Nintendo. In the meantime, the company anticipates that DSi unit sales have already reached an estimated 100 million worldwide, according to CNET.
Available in both blue and black, its retail price is set at $169.99. And along with the DSi’s release also comes a game new to U.S. gamers, “Rhythm Heaven.”
The DSi offers a longer stylus and... Read more »
by Christina Lee on January 8th, 2009
Wii Sports has become the best-selling video game ever – a feat accomplished in just two months and two weeks.
VG Chartz, a video game sales tracking Web site, calculated that 40.2 million units of Wii Sports have been sold – surpassing long-time chart topper Super Mario Bros. Like Wii Sports, Nintendo sold Super Mario Bros. bundled with a console, that being the first Nintendo Entertainment System in 1985.
Nintendo has yet to confirm the unit sales numbers that VG Chartz has calculated, though its annual fiscal report states that it sold 1.484 billion Wii software units by March 2008.... Read more »