GameStop

retaildive | June 05, 2019

GameStop on Monday reported total sales fell 13.3% year-over-year to $1.5 billion as consolidated comparable sales fell 10.3%. Driving the sales declines were drop-offs in most of the gaming retailer's key categories. New hardware sales were down 35%, pre-owned sales were down 20.3%, new software sales were down 4.3% and digital receipts were down 6.7%. The only categories on the rise were accessory sales (up 0.6%) and collectibles (up 10.5%), the latter a high-margin business and one of few...

retaildive | January 29, 2019

GameStop Corp. on Tuesday announced that it has ended its efforts to pursue a sale "due to the lack of available financing on terms that would be commercially acceptable to a prospective acquiror."The gaming and collectibles retailer, with outside financial and legal advisers, in June began reviewing "a wide range of alternatives to enhance shareholder value" that had included "discussions with third parties regarding a potential sale," according to a company press ...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...

businesswire | January 15, 2020

VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail the industry’s only leasing platform designed specifically for the retail sector solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping ce...