Tag Archives: gamestop

GameStop depends on core gamers

GameStop will be relying on core gamers to help it through this difficult Christmas period, as the economic recession causes the usual customer shift to be less predicatable than in previous years. The retailer has cut its earnings targets for its fiscal fourth quarter – but the company’s chief executive …

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GameStop denies Woolies stores bid

GameStop has denied an MCV report that claimed the company was in the process of tabling a bid for Woolworths’ stores. The news comes after a highly-placed source informed MCV that the company was interested in buying around half of Woolworths’ oustanding 800 outlets from administrator Deloitte. If GameStop was …

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GAME plots French expansion to compete with GameStop

GAME CEO Lisa Morgan has told MCV that the company is confident it can tackle GameStop’s dominant presence in France. GAME’s current ten per cent share of the French market is dwarfed by fellow retailer Micromania, which claims 23 per cent of the market. Micromania is the leading independent video …

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Now GameStop eyes Woolies stores

US games retail giant GameStop has tabled a bid for around half of Woolworths’ 815 stores, MCV understands. If accepted, that would immediately make the firm the UK’s biggest specialist chain – eclipsing GAME’s 397 stores. However, the Basingstoke-based retailer also owns 51 concessions – and, of course, 253 Gamestation …

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GameStop: Pre-owned games are vital to new game sales

The CEO of leading North American and global games retailer GameStop has insisted that the pre-owned sector is a vital element in the market for new games, and that moves from publishers to limit the ‘transferability’ of titles are a ‘bone of contention’ for consumers. Speaking to Gamasutra, CEO Dan …

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GameStop: Wii Fit in very, very short supply

GameStop CFO David W. Carlson has revealed that company doesn’t expect to meet demand with Wii stock this Christmas – and that standout title Wii Fit is in very, very short supply”. Speaking in the company’s Q3 earnings call (a full transcript of which you can find here), Carlson also …

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GameStop profits fall by $5M

GameStop saw its sales jump 5.2 per cent in the three-month period ending November 1st, but profits fell from $52 million to $46.7 million. The world’s largest games retailer also saw comparable store sales decrease by 1.8 per cent, primarily down to the launch of Halo 3 in September 2007, …

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GAME primed to take on GameStop in Euro battleground

GameStop’s acquisition of French market leader Micromania hasn’t affected GAME Group’s ambitions in Europe, insists GAME CEO Lisa Morgan. GameStop’s acquisition saw the balance of power in European games retail shift as the US giant snapped up an extra 332 outlets in France, increasing its European store count to 1,077. …

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GameStop acquires French games chain

The world’s largest games retailer GameStop has made a major stride into the European marketplace with a shock deal to acquire French chain Micromania. The deal gives the US giant 332 stores in France, increasing GameStop’s European store count to 1,077. The transaction is worth approximately $700 million (€480m) and …

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