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NRF: Back-to-school shoppers using smartphones and tablets
WASHINGTON — A survey released Thursday by the National Retail Federation found that nearly one third of tablet owners will use the device to purchase back-to-school items.
According to NRF’s 2011 Back-to-School and College surveys conducted by BIGresearch, consumers with smartphones and tablets will use their devices to research products, redeem coupons, look up store information, and even make purchases.
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GameStop profit drops in Q2 on slow video game sales
Grapevine, Texas -- GameStop Corp. reported Thursday that net income for the quarter ended July 30 dropped 23% to $30.9 million, compared with $40.3 million in the year-ago period. The company cited slowing video game sales for the lackluster performance.
Revenue fell 3% to $1.74 billion, missing expectations, and same-store sales dropped 9.1%.