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The video games industry has always been one of the UK's more discreet economic success stories, and it is continuing to flourish, as the recent warehouse acquisition of independent games retailer Xbite showed this week.
In order to compete with the brand leaders in online video games retail, Xbite announced that it has increased its warehousing space and its staff numbers, plus what it called a “solid management team to take us through our next growth phase."
Xbite sells games on eBay as well as via its own dedicated sites, and is expecting to require more warehouse space – currently owning 10,000 square feet of warehousing in the UK. By June 2012 it is expecting to acquire an additional 10,000 square feet.
Given the economic difficulties facing the UK, it is good to see a British company optimistic about the future and increasing its warehouse space to reflect that.
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