Tag Archives: gamestop

Nintendo to release ‘key property’ at Xmas

The CEO of US retail giant Gamestop has said that Nintendo has asked him to save shelf space this Christmas – for a major new key property”. Dan DeMatteo told CNBC: "We think there will be a Nintendo key property coming out by the end of the year. They haven’t …

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GameStop: We need PS3 and Wii price cuts

Dan DeMatteo, the CEO of global games retail chain GameStop, has stated that he believes price drops are needed for both Sony’s PS3 and Nintendo’s Wii as the worldwide recession continues to trouble consumers. Speaking of the PS3, DeMatteo told CNBC: $399 is clearly an issue in this economy. I …

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US: Record results for GameStop

The games industry continues to demonstrate its resilience to the tough global economic climate with news that North American based games retailer GameStop enjoyed its eighth straight year of growth in 2008. Full-year results for the fiscal year ending January 31st 2009 saw like-for-like sales climb 12.3 per cent for …

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GameStop: DSi pre-orders double that of original DS

Ahead of the release of Nintendo’s third iteration of its popular dual screen handheld the DSi next month, GameStop’s senior VP of merchandising Bob McKenzie has said that the global games retailer has seen pre-orders for the device trump those seen for the original DS. We’ve seen some pretty brisk …

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GameStop dismisses Amazons pre-owned move

With GameStop’s share price slipping following the announcement of Amazon’s entry into the pre-owned games market , CEO Dan DeMatteo has dismissed the online retailer’s second hand ambitions. I give the probability of this working at zero,” DeMatteo told Edge. While customers wanted to buy a new, say, Killzone 2, …

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GameStop stock falls following Amazons pre-owned news

The news that online retail giant Amazon is to enter the pre-owned games market has seen the shares of High Street rival GameStop take a steep fall, dipping 14 per cent yesterday. Variety reports that used games account for 44 per cent of GameStop’s profits, and that Amazon’s move into …

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GameStop enjoys growth in 2008

Leading US video games retailer GameStop has announced strong results for its 2008 fiscal year – and it predicts that it will see the same again in 2009. Total sales for the year ending January 30th hit $8.8bn – a 24 per cent increase on the same period the year …

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US: Pre-owned boosts GameStop sales

Aggressive marketing of used software has helped US retailer GameStop defy the economic slowdown, The Wall Street Journal reports. Citing Pacific Crest Securities data, pre-owned game sales is expected to reach $2 billion, or 23 per cent of GameStop’s revenue for its fiscal year ending January 31st. This is up …

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GameStop celebrates record festive sales

North American and global games retailer GameStop has posted some strong numbers for its festive sales period, showing that the company enjoyed its best ever performance for the nine weeks ending January 3rd. Sales for the firm totalled $2,856m, up 22.3 per cent from the $2,335m seen in the same …

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US: GameStop launches DS reservation scheme

DS stock seems to be a festive issue in North America – GameStop has launched a program allowing consumers to reserve a Nintendo DS and have it delivered to them within a month. Reservations must be made in person at any US GameStop store. Consumers must make pay the full …

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