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GameStop launches new holiday store concept
Grapevine, Texas -- GameStop Corp. announced Friday it has unveiled a new store concept called GameStop Kids and will open 80 holiday stores in U.S. malls.
GameStop Kids stores will feature an assortment of the most popular video games and accessories, toy brands and collectibles, showcased in temporary mall spaces.
The first GameStop Kids location opened Friday at the Grapevine Mills Mall in Grapevine, Texas, with all other locations opening in the coming days and weeks, according to the company. -
Wal-Mart completes deal with Chinese e-commerce company
Bentonville, Ark. -- Wal-Mart Stores Inc. announced the completion of its increased investment in Yihaodian, a fast-growing Chinese e-commerce company. The chain now holds an approximate 51% stake in the Yihaodian holding company.
"This investment demonstrates we are committed to the development of e-commerce in China and bringing the best possible shopping experience to Chinese customers," said Neil Ashe, president and CEO of Wal-Mart's Global e-commerce division in a statement.