GameStop hires 25,000 seasonal workers, up 47 pct

(AP)—Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.

Microsoft works to save face after Xbox backlash

When it comes to hyping next-generation hardware, the video game industry doesn't typically opt for simplicity. However, during a presentation at the GameStop Expo in Las Vegas to promote the upcoming Xbox One console last ...

Crowd-funded videogame console selling fast

The crowd-funded Ouya videogame console hit the market on Tuesday and sold out quickly at online retailer Amazon as well as on the website of major US chain store Target.

US video game retail sales fall 25 percent in May

U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher ...

Microsoft says used games will work on Xbox One

Microsoft's upcoming Xbox One gaming console will be able to play used games, clearing up a worry among gamers and video game retailers such as GameStop, which trade in used games.

Crowd-funded videogame console due in June

The crowd-funded Ouya videogame console seeking to shake up a market dominated by Sony, Microsoft, and Nintendo is gearing up for a US debut in June.

GameStop holiday sales nearly flat at $3.02B

(AP) -- Video game retailer GameStop Corp. on Monday reported nearly flat sales for the nine-week holiday period that ended on Dec. 31, as game software sales rose but sales of game consoles and other hardware slid.

Best Buy expands game trade-in program to stores

(AP) -- Electronics retailer Best Buy Co. said Thursday it is offering store credit in exchange for used video games at nearly 600 of its stores, expanding an online trade-in program that has been in place for about a year.

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GameStop

GameStop Corporation (NYSE: GME) is an American video game and entertainment software retailer. The company, whose headquarters is in Grapevine, Texas, United States, operates 6,500 retail stores throughout the United States, Canada, Australia, Austria, Denmark, Finland, France, Germany, Ireland, Italy, New Zealand, Norway, Portugal, Puerto Rico, Spain, Sweden, Switzerland and in the United Kingdom. GameStop opened around 400 new stores for the 2009 business year.

The company operates retail stores under the names GameStop, EB Games, Babbage's, Software ETC, Micromania, MovieStop, Planet X and FuncoLand. In addition, the company runs three e-commerce websites (GameStop.com, EBgames.com and ImpulseDriven.com), Flash game site Kongregate, Jolt Online Gaming, and Game Informer magazine, GameStop's proprietary video and computer game publication. In addition to video and computer games, GameStop sells magazines, strategy guides, and other related merchandise. In the fiscal year ending May 2010, 48.1% of GameStop's profits came from the sale of used video game products.

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