GameStop

Grapevine, Texas – Like many other retailers, GameStop Corp. employs seasonal hires for the holiday season. Unlike many other retailers, GameStop focuses on skill growth and professional success for its 17,000-23,000 annual seasonal hires.

Months after trumping Hot Topic with a better offer, GameStop has officially acquired Geeknet for $140 million.

Grapevine, Texas – GameStop Corp. has completed a very geeky purchase. The video game chain has acquired 86% of outstanding shares of Geeknet Inc. in a tender offer that expired July 13, 2015.

GameStop Corp. purchased about 5.92 million shares for $20 per share in cash, or roughly $11.8 million. The retailer will make payment on July 17, 2015.

Cincinnati -- Phillips Edison Grocery Center announced it has acquired three grocery-anchored shopping centers in Michigan, California, and Massachusetts.

Crossroads Towne Center is a 102,275-sq.-ft. grocery store-anchored shopping center in Howell, Michigan, a suburb of Ann Arbor, Michigan. The center is anchored by Kroger, and also features national tenants Great Clips, Jets Pizza, Subway, H&R Block, and Little Caesars.  

Retailers use variety of technologies, channels for CRM success

Customer relationship management (CRM) is the strategy a retailer uses to develop an ongoing, individual relationship with a customer to ensure satisfaction and loyalty. But the specifics of CRM can mean different things for different retailers.

The “unnamed strategic bidder” who outbi

Fairfax, Va. – The “unnamed strategic bidder” who outbid Hot Topic to purchase Geeknet Inc. has been revealed. GameStop Corp. will acquire all of the outstanding shares of Geeknet’s common stock for $20 per share in cash, or about $140 million.

Fairfax, Va. – Geeknet Inc. has determined that an acquisition offer from an unnamed strategic bidder of $20 per share, or about $134.6 million, is superior to a previous offer from Hot Topic of $17.50 per share, or about $117.3 million.