Choices Uk Facing First Annual Losses

Summary


The owner of the ChoicesUK video shop chain yesterday warned shareholders it faces its first annual losses since 1991, despite a pick-up in sales over Christmas.

Home Entertainment said a sharp fall in prices of DVDs and computer games had compounded the pain of piracy, which now accounts for 30 per cent of the UK market.

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Choices Uk Facing First Annual Losses

Falling prices meant the Peterborough-based group was having to shift at least ten per cent m...

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