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Shop Talk

Retailers, consumers and prices

December 31st, 2007

Check Out Line: Nintendo’s Wii is looking like a star

Posted by: Justin Grant
Tags: Shop Talk

wii-2.jpgCheck Out Nintendo Co Ltd’s Wii video game console as a darling of the 2007 holiday shopping season. 

Strong demand for the Wii was key to U.K. video game retailer Game Group Plc’s  better-than-expected full-year profit forecast, the company said on Monday.

Last week, Amazon.com Inc said it sold nearly 17 of the popular systems per second when it had them in stock, helping the online retailer post the best holiday season in its history.

Last month, the system helped Nintendo remain king of the U.S. market with 981,000 Wiis sold in the console’s best showing since its November 2006 debut, according to market research firm NPD Group.

Also in the basket:

With Wii and DS, Nintendo has 2 Hit Game Devices (New York Times)

Credit Crunch, Housing Crisis Socks Retail (New York Post)

Macy’s to close nine stores, affects 899 jobs (Reuters)

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