Friday, January 13, 2017

Ouch...GameStop's holiday sales fell 18.7 percent

Black Friday 2016 at the GameStop in Timber Creek Crossing in Dallas. DMN staffAggressive competition for the video game customer and weak sales of Call of Duty: Infinite Warfare and Titanfall 2 spoiled GameStop's holiday plans. The Grapevine-based retailer said it's planning to close stores without saying how many.  GameStop cited video gaming data released by NPD Group, which showed it lost market share in November, but to a lesser degree in December.
The combined November-December sales decline vs. a year ago was worse in November and improved in December and January, the company said Friday.. . . more

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