It’s been announced that George Sherman, current CEO of GameStop, will be stepping down from his position at the company at the end of July.
A new rumor seems to suggest that retailer GameStop is looking for a new CEO to transform the company into a fully online business.
Retailer GameStop has reported its earnings for the fourth quarter and full-year for 2020. Q4 showed solid sales.
Retailer GameStop has reported their holiday sales results for 2020 by 3.1 percent year-on-year, with $1.77 billion generated.
GameStop stores were forced to close due to the spread of the coronavirus. This week it is looking at reopening the first stores since their closure.
US retailer GameStop has finally closed all of their stores around Canada. In the US, customers are prevented from entering the premises.
Reggie Fils-Aimé, former Head of Nintendo of America, has been appointed by retailer GameStop to their board of directors.
GameStop’s full-year guidance has been lowered yet again following the nine-week holiday sales period since the sales were well below expectations.
GameStop CEO George Sherman announced that the company will now be winding down its operations in the Nordic region of Europe over the next few months.
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.