Shane Kim, former Microsoft executive, has become the interim CEO of GameStop. The retailer is continuing to look for a permanent replacement while Kim takes the reins for the time being.
Leading gaming retailer GameStop has undergone significant managerial turmoil over the past year, which has significantly affected its share price and caused investors’ concern.
After just a three month stint in the position of CEO for GameStop Michael K. Mauler has retired from the position in the company. The official announcement from GameStop cited personal reasons as the cause for Mauler’s short time in his new position.
Following the news that GameStop CEO Paul Raines has stepped down, the retailer reported their earnings for their third quarter ending on October 28, 2017.
Both GAME and GameStop have revealed business growth around the New Year period. the two retailers have enjoyed a boost in sales and share prices.
GameStop’s CEO Paul Raines has endorsed Playstation’s virtual reality headset, saying that Sony’s launch portfolio is the strongest of the bunch.
Various industry analysts have disputed GameStop’s recent assessments of the disappointing sales performances of Star Wars: Battlefront and Halo 5. GameStop’s executives were left unsatisfied by the number of copies of the two blockbuster games, which were tipped to be some of the biggest games of the year. Julian Paul Raines, GameStop’s CEO, said that […]
Despite a wealth of top-tier games being released over the last few weeks, the sales figures for the brick and mortar retailer GameStop have reportedly been quite lacklustre.