MCV/DEVELOP News, events, research and jobs from the games industry
So tight is the secrecy surrounding Microsoft’s pre-owned ambitions for Xbox One that even GameStop has seemingly been sworn to silence. "Definitely Xbox has said that they do support the trade-in/resale games at retail and that they want to handle communication from this point forward on that,” president Tony Bartel …
Read More »Q1 sales down 6.7% at GameStop
Global games retailer GameStop has reported a like-for-like annual sales decrease of 6.7 per cent for the quarter ending May 4th 2013. Gross profit fell from $599.9m last year to $578.3m. Operating earnings fell from $115m to $87.2m. Net earnings fell from $72.5m to $54.6m. New software sales fell 3.8 …
Read More »GameStop buoyant about Xbox One and PS4 pre-owned
The president of global games retailer GameStop has played down fears that Xbox One will curtail the pre-owned market. Both Sony and Microsoft have said games can be resold and that’s exactly what we anticipated,” Bartel told Forbes. It’s a recognized way to make these games more affordable. All three …
Read More »Stock Market: GameStop down, Sony up following Xbox One event
Reactions to Microsoft’s Xbox One reveal have come in across the stock market, with GameStop and Sony seeing significant swings – though not in the same direction. Games Industry reports GameStop saw shares fall by 5 per cent in response to the announcement, likely driven by the uncertainty tied to …
Read More »GameStop issues last call for PS2 trade-ins
GameStop has announced it will no longer take trade-ins for PS2 hardware, accessories and games after this month. In a statement to Engadget, GameStop’s corporate office confirmed rumours regarding the discontinuation of Sony’s console – adding that the systems, along with its games and accessories, will still be sold at …
Read More »PS4 to appear at GameStop Expo
Sony's new console on display at retailer's second annual expo
Read More »GameStop expands mobile trade-in program
GameStop has announced the expansion of its trade-in program will have the retailer now accepting smartphones from Samsung, BlackBerry, and Motorola. Trade-in customers can receive either cash or in-store credit at all US GameStop shops. The store has been building its trade-in program since it began in 2011, and now …
Read More »Strong Q4 can’t help GameStop escape downturn; Hardware sales fall sharply
International games retailer GameStop has reported a year-on-year increase in profits from $943.2 to $974.9 for the 14 weeks ending February 2nd. That’s despite a fall in net sales from $3.579bn in the same period last year to $3.562bn. Operating profit jumped from $302.5m to $412.3m. Net income jumped from …
Read More »GameStop extends Wii U sale "while stocks last"
A recent retail promotion that saw Wii U drop to an all-new low price has been extended. GameStop last Friday announced a deal that saw the 32GB Premium Wii U available for just 244.97. However, the retailer has now said that it has extended the offer while stocks last”. GameStop …
Read More »Wii U discounting continues – Premium now available for £244.97
Retail has dropped Nintendo’s Wii U to an all-time low in an effort to inject some momentum into the console. GameStop.co.uk is offering the Premium 32GB version for just 244.97 for this weekend only. That’s a price drop of 55. The news comes after Amazon yesterday slashed the price of …
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