Retail, Video Game Sales | featured news

U.S. sales of new video game hardware, software and accessories though retail stores fell 28% in May from a year ago, according to new data from market research firm NPD Group. For the month, total sales were $516.5 million, down from $718.9 million in the same month a year earlier.

The sales jump occurred in a crucial month for the industry, as gift buying surges in the weeks leading up to the holidays. Video game software sales rebounded in November, a crucial month for the industry as gift buying takes off in the weeks leading up to the holidays.

The steady crumbling of the U.S. retail video game sector continued in January.