GameStop Corp said its growth this year will be driven by a strong holiday lineup and customers buying used games to save money, which sent its shares higher after an initial drop on Thursday.
Video game retailer GameStop Corp said on Thursday that its quarterly profit fell as sales of video game hardware and software products underperformed.
Via the service, GameStop will allow Power Up Rewards members to stream games directly to tablet computers like the iPad and Motorola Xoom.
Via the service, GameStop will allow Power Up Rewards members to stream games directly to tablet computers like the iPad and Motorola Xoom
GameStop Corp, the world's largest retailer of video game products, forecast stronger 2011 profits that signaled a rebound in the traditional video game industry.
Best Buy Co Inc beat quarterly profit estimates as strength in its mobile business offset weak demand for televisions and entertainment software in the all-important holiday season.
GameStop Corp's sales during the holiday season topped last year's, as new products like Microsoft's Kinect motion controller revived customers' spending in its stores.
GameStop Corp's same-store sales during the holiday shopping season rose a less-than-expected 3.4 percent, sending its shares lower on Thursday.
A weaker-than-expected quarterly profit from electronics bellwether Best Buy Co Inc led to a decline in shares across multiple platforms.
U.S. stocks barely moved on Thursday after a report showed improvement in U.S. Mid-Atlantic business activity and companies posted some strong results.
Stocks were little changed on Thursday, though the S&P and Nasdaq turned lower after data from the Philadelphia Federal Reserve showed new orders in the U.S. Mid-Atlantic region decelerated in March.
New York Attorney General Andrew Cuomo is investigating 22 retailers for directing online shoppers to fee-based membership programs of discount clubs that often contain hidden charges.
GameStop Corp said on Thursday holiday sales failed to improve from 2008, and cut its fourth-quarter profit forecast, sending shares of the biggest U.S. videogame retailer to a 13-month low.
GameStop Corp said on Thursday holiday season sales failed to improve from the previous year, and cut its fourth quarter profit forecast, blaming a woeful combination of a weak economy, bad weather and product shortages.
GameStop Corp's quarterly profit beat expectations helped by price cuts that stoked video game console demand and as used-game sales boosted margins -- signs a months-long period of gloom may be easing.
Customers who visit GameStop Corp stores will soon be able to purchase digital upgrades to their favorite video games, as the retailer eyes a shift toward digital distribution of games.
Activision Blizzard Inc said it sold 4.7 million copies of Call of Duty: Modern Warfare 2 for $310 million on its first day, setting a new record for the video game industry.
Activision Blizzard Inc's hugely anticipated Call of Duty: Modern Warfare 2 video game went on sale on Tuesday, welcomed by eager fans who lined up hours in advance of the release.
Activision Blizzard Inc's hugely anticipated Call of Duty: Modern Warfare 2 video game went on sale on Tuesday, welcomed by eager fans who lined up hours in advance of the release.
Activision Blizzard Inc's hugely anticipated Call of Duty: Modern Warfare 2 videogame went on sale early Tuesday morning, welcomed by eager fans who lined up hours in advance of the release.
GameStop Corp , the video game retailer, on Monday said co-founder and chief financial officer David Carlson planned to retire early next year.
Will digital downloads kill the videogames store? That's the multibillion dollar question facing retailers from Wal-Mart Stores Inc and Target Corp to GameStop Corp, as Internet distributors continue to grow.