…soon after it announced part of its first quarter earnings

GameStop has fired CEO Matt Furlong, the company announced as part of its first quarter 2023 earnings.

And everything has gone to pot

Pre-orders for the PS5 have already begun early and the whole system has become a total mess.

Last straw after poor results

Moves to kill off drives in consoles could be the last straw for retailer GameStop.

Insists that US staff keep working

Gamestop in the US is doing its best to keep its stores open and is claiming that it is an essential service.

There was no one who would buy

GameStop announced that it has called off a decision to find a private buyer for the company and its subsidiaries.

Stores shutting 

GameStop is being forced to shutter at least 150 of its 7,500 US stores.

Made it an offer it could not refuse

Last week it was reported how Geeknet Inc. was in the process of being bought out by retailer Hot Topic for $16 a share or $37 million in cash.

No one wants a new console

GameStop sales are drying up as gamers lose interest in the latest generation of consoles.

It is flying off the shelves it went on sale

Expects Sony to sell 2+ million units before end of quarter