GameStop

The nation’s leading — and struggling — video-game retailer may be looking to leave the public arena.

Midwest Retail Properties has acquired a Walmart-shadow-anchored center in Lake St Louis, Mo., for $16.5 million.

J. Paul Raines, the former CEO of Game Stop, has died at the age of 53.

GameStop Corp. named a company veteran as its new chief executive.

GameStop has tapped a company veteran to serve as interim chief executive.

Two experienced retail executives have joined the management team of the parent company of such brands as Men's Wearhouse and Jos.A. Bank.   

It's only July, but GameStop has jumped into the ongoing debate about whether stores should be open on Thanksgiving Day.    After keeping its stores closed on Thanksgiving for the past three years, the retailer has told its employees that stores will be open for this year's holiday. The change was first reported by gaming website Kotaku.   

Online gaming is taking its toll on GameStop in a big way.   The retailer said that its video game category was weak, particularly in the second half of the year. This challenge, combined with shoppers’ attraction to online gaming, contributed to a total global sales decrease of 13.6% to $3.05 billion for the fourth quarter ended January 28, 2017.   The company earned $208.7 million, in the fourth quarter, compared with profits of $247.8 million for the same period a year ago.