SPEEDING THE GAMES: A BACKLOG OF OLD 16-BIT PRODUCTS HAS SLOWED GAME REVENUES, BUT RETAILERS ARE INCREASING THEIR BUYS OF THE NEW SOFTWARE.(survey of supermarket video departments reveals departments stocked with many more of the old games for rent than newer Sony PlayStation or Nintendo 64 games)(Brief Article)Alaimo, Dan
There are too many old 16-bit video game products in supermarket rental inventories, but retailers are increasing purchases of games in the popular new formats.
That conclusion is based on SN's seventh annual State of the Industry Report, and on visits to many stores in recent months where SN found departments stocked with many more of the old, slow-moving games for rent than Sony PlayStation or Nintendo 64 games. While the survey revealed a substantial decline in game revenues -- certainly related to the inventory imbalance -- it also showed an uptick in retailers' buying plans. ...