MCV/DEVELOP News, events, research and jobs from the games industry
Retailer GameStop reckons that consumers have started showing more interest in Xbox One since Microsoft announced a cut-price Kinect-less SKU is on the way. Microsoft confirmed earlier this month that it would slash 50 off the price of the current hardware with a new 350 bundle that doesn’t include the …
Read More »Strong Q1 for GameStop thanks to next-gen success
Global games retailer GameStop has seen sales and earnings have shot up after an expectation-hitting Q1. Total global sales for the quarter ended May 3rd climbed seven per cent to $2bn with like-for-like store sales jumping 5.8 per cent. Net earnings grew 24.5 per cent to $68m The retailer said …
Read More »GameStop shifts focus from games, to close 120-130 stores
GameStop plans to increase its focus on gaming-adjacent” fields while phasing out its reliance on video games, CEO Paul Raines has announced. Games Industry reports on what Raines dubs as GameStop 3.0,” which will see the closing of 120-130 retail locations. The company will instead open between 200 and 250 …
Read More »GameStop narrowly misses revenue estimates as Q4 like-for-likes climb 7.8%
Global games retailer GameStop has reported a like-for-like sales increase of 7.8 per cent for the quarter ending February 1st. Sales for period grew from $3.56bn last year to $3.68bn, although this was short of the $3.79bn consensus estimate. Earnings fell from $261.1m last year to $220.5m. For the full …
Read More »GameStop wants to "restore the balance between physical and digital commerce"
GameStop has teamed up with IBM to launch what it calls the GameStop Technology Institute. Revealed via an incredibly wordy press release, the aim appears to be investigating ways of closer integrating its physical and online retail offerings. It will use the conclusions of its investigations to change the way …
Read More »GameStop hikes PlayStation Camera price as US shortages take hold
The US arm of games retailer GameStop has added an extra $10 to the price of the PS4 Camera. The device normally sells for $59, although that is currently being bumped up to $69. GameStop didn’t reply when asked by Polygon if the price increase was as a direct result …
Read More »GameStop reveals Watch Dogs trade-in discount deal
It’s a brave new next-gen world out there, and with it comes a new era in higher-price trade-in prices. GameStop has revealed a part-exchange offer for the PS4 and Xbox One versions of Watch Dogs, but the retailer is asking for an unusually high 14.97 from interested punters. To take …
Read More »Epay: The rise of selling points cards
Epay regional director EMEA Jason Thompson talks us through the future of digital products on the High Street. Why are products like digital points cards becoming such a popular product for retailers to stock? The shift from physical boxed product to digital is well under way with Point of Sale …
Read More »PS4 gets £20 price cut
The PS4 has received its first price cut of note by one UK retailer. GameStop is currently offering a solo PS4 pack – including console and controller – for just 329.97. That’s 20 off the normal selling price. Last month Zavvi cut 20 off the price of the Xbox One, …
Read More »New PS4 stock arrives at GameStop
The PS4 is back in stock at GameStop, but the retailer warns quantities are limited. The company announces that Sony’s next-gen console is available again in both its online store and physical shops—but don’t expect the new arrivals to last. [We’re] selling out of the consoles just as quickly as …
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