Tag Archives: gamestop

Following the publication of its latest financial statement , GameStop COO Dan DeMatteo has stated in an investor call that he anticipates supplies of Nintendo’s Wii won’t meet demand for the next two quarters at least”. He did, however, say that supplies of both Microsoft’s Xbox 360, which Microsoft recently …

Wedbush Morgan analyst Michael Pachter believes GameStop made a big mistake by not buying Gamestation, according to videogaming247 . GameStop was expected to come in for the ex-Blockbuster owned chain, before GAME made a bid, and Pachter feels this has slowed GameStop’s move into Europe. GameStop always had the capacity …

US specialist retail giant GameStop has reported sales and net earnings rises of 33 per cent and 82 per cent respectively, spurring on an ambitious target to open up to 600 new stores by the end of the year. The world’s largest games retailer reported reported sales and earnings for …

US retailer EB Games has purchased all outlets of Norweigan music retailer Free Record Shop. It is likely the Gamestop-owned company will convert the stores to sell solely gaming products. Free Record Shop was one of the leading record stores in Norway and had a healthy rivalry with Norweigan retail …

The world’s largest games retailer GameStop has reported its sales for the nine-weeks ending January 5th 2008 – and much like its UK counterpart games, it enjoyed a hugely successful Christmas. Total sales for the period were $2.3 billion, a 34.7 per cent year on year increase. The top five …

Leading global games retail force GameStop has posted record financial results for the quarter ending November 3rd, with net earnings reaching $52 million – up a massive 283 per cent compared to the same period last year. Sales increased by 59.3 per cent to hit $1.6 billion, up from $1.0 …

Leading global games retailer GameStop is celebrating the opening of its 5,000th store in Jackson, California. The milestone keeps the chain on-track for its target of opening between 500 and 700 new stores in 2007. "With more customers being attracted to the video game category, they will increasingly find a …

The rise in popularity of casual gaming has led executives at GameStop, the leading US games retailer, to adjust its in store and marketing strategies. The changes are designed to better attract and accommodate those outside hardcore gaming circles. One of the first key implementations will be the addition two …

After the Office of Fair Trading referred GAME’s 74 million deal for bitter rival Gamestation to the Competition Commission, GameStop has re-emerged as a potential player in the UK. It is a completed deal, so ultimately we can turn around and reverse the whole thing,” said Competition Commission spokesperson Rory …