Gamestop enters the red

Gman496

Super Moderator
Staff member
The Irish Times reports that the Irish arm of video game retailer Gamestop went into the red last year, posting pretax losses of EUR3 million, due in part to the lack of any new generation of games consoles. According to documents just filed with the Companies Office, Gamestop Group Ltd recorded the EUR3 million pretax loss in the 12 months to 30 January 2010, compared to pretax profits of EUR2.86 million the previous year.
 
Well they should count their lucky stars the Kinect is out this year!
Bad for business if you have to rely on new consoles to be released to be honest.
 
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