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GameStop is turning some of its stores into retro locations, selling older consoles and games from franchises like Pokémon, Mario and Grand Theft Auto.
GameStop is looking to the past as it plans its future.. The beleaguered retailer, which remains a meme stock favorite, announced plans Wednesday to launch a series of “retro” stores, which ...
GameStop is turning some of its stores into retro locations, selling older consoles and games from franchises like Pokémon, Mario and Zelda. GameStop Retro to bring classic gaming back to retail ...
In August 2019, GameStop laid off over 120 people, including about half of the staff of Game Informer, as part of its "GameStop Reboot initiative". [ 131 ] In August 2019, Michael Burry 's investment firm Scion Asset Management sent a letter to GameStop executives urging the company to engage in a $238 million stock buyback .
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
Game Informer (GI) [a] was an American monthly video game magazine featuring articles, news, strategy, and reviews of video games and game consoles. It debuted in August 1991, when the video game retailer FuncoLand started publishing an in-house newsletter.
FuncoLand additionally sold cleaning kits for removing oxidation and dust from game cartridges; a game's warranty could be extended from 90 days to a year if purchased with a cleaning kit. [5] Pomije compared the chain's policy of trading used games and testing new ones to the practices of the automobile industry, saying "You wouldn't buy a new ...
GameStop has been feasting on the resale of used games and gear for years. This is the small-box chain's highest margin business, Best Buy and GameStop Should Be Used to This by Now