Global video games retailer GameStop has said that like-for-like store sales for the nine weeks ending January 2nd were up 4.4 per cent. That represents 4.9 per cent growth in the US and 3.9 per cent internationally. Total global sales grew 1.8 per cent to $2.99bn, up from last year’s …
Read More »EA contests GameStop’s Star Wars Battlefront fears
Peter Moore has questioned the uncertainties posed by GameStop about the performance of Star wars Battlefront. The retailer last month said that the game had failed to hit its already lowered sales expectations. EA’s COO, however, has said such a claim came as a surprise to him and that the …
Read More »Analysts dispute GameStop’s Star Wars Battlefront and Halo 5 estimates
GameStop’s assessment of both physical sales of Star Wars Battlefront and digital sales of Halo 5 are incorrect, analysts have argued. The retailer yesterday said that EA’s Star Wars shooter fell short of expectations, with CEO Tony Bartel saying: We had high expectations that diminished somewhat as it got closer, …
Read More »GameStop says Halo 5, Assassin’s Creed and Star Wars fell short of expectations
Retailer GameStop has said that a trio of this quarter’s big releases sold fewer units than it had anticipated. CEO Tony Bartel told investors, as per Seeking Alpha‘s transcription, that sales of Halo 5, Assassin’s Creed: Syndicate and Star Wars: Battlefront at GameStop fell short of our expectations”. Of Star …
Read More »GameStop income dips, at the low end of expectations
Retailer GameStop has reported an annual fall in sales and profit. Global net sales fell 3.6 per cent to $2.016m for the quarter ending October 31st, while profit fell 11.4 per cent to $57m. Currency fluctuations played a part in the numbers, however, and the company’s full year forecasts remain …
Read More »Pachter: Yes, disc based games and consoles have a long future ahead
Retail can continue to happily sell disc-based physical video games for at least another 20 years, according to one leading analyst. GameStop CEO Paul Raines said earlier that he believes physical games retail will never go away, although the comments were dismissed as delusional, self-serving load of tosh” by former …
Read More »GameStop: Disc-based games will be around forever
Digital is here, and digital is growing, but there is no scenario where disc-based video games will disappear from the market, according to GameStop. Disc-based games will be around forever,” CEO Paul Raines told Forbes. The market has seen physical music sales down 50 per cent from its peak and …
Read More »GameStop to add 28,000 staff for holiday season
GameStop aims to hire 28,000 additional staff for this year’s holiday season, the US retailer has revealed. Games Industryreports the figure tops the 25,000 extra seasonal employees the company looked to add for the 2014 holiday season by 12 per cent. "Providing exceptional customer service is the cornerstone of GameStop’s …
Read More »GameStop stops offering console bundles with download codes
The largest American High Street games retailer will now only sell console bundles that include physical copies of games. It is common nowadays for hardware bundles to include download codes instead of physical games. However, Giant Bomb reports that the retailer in a recent conference call outlined its new physical …
Read More »GameStop could yet hit UK High Street
Retail giant GameStop could still make a bricks and mortar UK move – with a range of merchandise shops. It acquired US website ThinkGeek in June for 92m, and is opening the first ThinkGeek physical shop in Florida this month. It also operates Zing Pop Culture, a range of Australian …
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