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ShopTo profits rise to 254%

ShopTo.net is pleased to announce record profits for the six months ending January 31st, seeing a 254 per cent rise over the same period for last year.

“Despite the recent news about video games retailers suffering in the current economic climate, we have been delighted with these recent trading figures and strong balance sheet.

“This is our fifth consecutive profitable year and an important milestone for ShopTo. We’re expanding at an impressive rate with new innovations to ensure that our customers receive the best value and service in entertainment retail.

Speaking exclusively to MCV, CEO Igor Cipolletta also pointed to our ‘extremely’ strong pre-orders for Sony’s upcoming PlayStation Vita.

“We are committed to increasing our market share on next generation consoles by offering the best value bundles. PS Vita pre-orders were phenomenal in January.”

ShopTo would like to thank our customers for their continued loyalty and hope that you continue to enjoy using our service now and in the future as we look to expand and innovate in the video game retail space.

Edited On 09 Feb, 2012

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