GameStop's efforts to generate growth by diversifying its business model worked well in 2015, as the video game retailer posted its third straight year of positive comps.
-
Exclusive Q&A: GameStop talks strategy
In an era when gamers want new releases in their hands as quickly as possible, GameStop is changing the rules. The gaming retailer calls its updated strategy a “new moment of truth.” Described as the gap between when a consumer purchases merchandise and actually receives it, this timing can truly make or break the chain’s reputation going forward — especially as digital retailing increases customer expectations. -
GameStop Q2 sales fall
GameStop Corp.’s revenue fell short of expectations in the second quarter as a lack of new game titles cut into its core business. Sales fell 7.4% to $1.63 billion in the quarter ended July 30. Same-store sales fell 10.6 %. Net income rose 10% to $27.9 million, in line with Wall Street projections.
