Headlines

GameStop’s First Quarter Sales Down 13 Percent

The retailer’s stock is dropping, too

Published

5 years ago

June 5, 2019

VMSD Staff

GameStop (Grapevine, Texas) released its first quarter results, which revealed its sales are down by 13 percent, reports Forbes. Its stock also fell by 36 percent on Wednesday, according to CNN Business. Its quarterly earnings also purportedly fell by 63 percent at its locations that have been operating for about a year.

Earlier this year, GameStop tried to find a buyer for itself, but no one made an acceptable deal, reports CNN Business. They later announced in January 2019 that it was no longer pursuing a sale.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design