Global sales for GameStop dropped by 14% year-on-year for Q2 2019 to $1.3 billion. This comes after the company saw its biggest full-year loss in history last year.
GameStop has accidentally revealed that a new entry in the Splinter Cell franchise is on the way, through a product listing.
GameStop, a leading physical gaming retailer, have taken action to cut costs and a number of employees of the staff have paid the price.
It’s been revealed that GameStop is laying off more than 50 Regional Leaders throughout the company, in line with its continued reboot transformation initiative.
GameStop has revealed their plan to renovate their physical stores in an effort to revitalise the company’s image, and challenge the trend of slumping sales.
ThinkGeek, a subsidiary of Gamestop, have announced that they will be shutting down their online store, moving stock into brick and mortar Gamestop stores instead.
After releasing their financial results for the first quarter, Gamestop’s share price has experienced a significant drop.
Gamestop recently reported their financial results for the first quarter of 2019, with 13.3 percent reduction in revenues.
It was announced on Friday that after almost 23 years with Gamestop, Rob Lloyd, COO and CFO for the company, is stepping down.
Influential physical retailers GAME and GameStop have responded to Microsoft’s announcement of an Xbox One S All-Digital Edition.