Search results
Results from the WOW.Com Content Network
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. [1] The company is headquartered in Grapevine, Texas (a suburb of Dallas ), and is the largest video game retailer worldwide. [2] As of January 28, 2023, the company operates 4,413 stores including 2,949 in the United States, 216 in Canada, 419 in ...
GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion a year earlier. The videogame retailer's recent cost-reduction measures also included an exit from its ...
He joined GameStop as COO in 2008, became CEO in June 2010, and stepped down due to brain cancer in November 2017. He received total compensation of $9.1 million in 2015 and $7.8 million in 2016. Raines was a member of the board of directors of GameStop, J.C. Penney, and Advance Auto Parts. Personal life
GameStop is making significant changes to its workforce, including laying off staff and investing in store managers and employees, according to an internal memo and a source familiar with the matter.
EB Games and GameStop merger. On Thursday, October 6, 2005, shareholders from EB Games and GameStop agreed to a $1.44 billion takeover deal. The deal offered $38.15 in cash as well as approximately ¾ of a share of GameStop stock for every 1 share of EB Games stock. This offer was a 34.2% premium on the $41.12 per share closing price of EB ...
GameStop's net profits tallied $48.2 million, a major swing from a net loss of $147.5 million a year ago. At the same time, however, the company's sales fell 1.2% from the prior year to $2.23 ...
GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
A GameStop clerk who police say fatally shot a fleeing shoplifter has been charged with manslaughter. Derrick Guerrero, 33, was working at the video game retailer's store in a suburban Fort ...