Retail News

Investor exuberance doesn’t guarantee GameStop will be a winner

Fast Company 01/27/2021

GameStop has seen shares in the company stock shoot up wildly this year based on the addition of co-founder and former CEO of Chewy to its board and the expectation that blockbuster video games will hit the market this year. Those factors, while encouraging, can not hide the fundamental challenges facing GameStop’s business as more and consumers get their gaming entertainment via the cloud rather than buying games in stores.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!