Grapevine, Texas

Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.

GameStop Corp., faced with a shrinking core business selling video games, is accelerating its effort to diversify by adding to its stores that offer AT&T Inc. wireless plans and acquiring other technology retail chains. The Grapevine, Texas-based company, which won court approval to take over 163 locations from bankrupt RadioShack Corp., is looking for acquisitions, Chief Operating Officer Tony Bartel said in an interview Thursday after reporting fourth-quarter results. The retailer is evolving into a holding company for a variety of store concepts, he said.

New York-based Saks Fifth Avenue OFF 5TH will unveil its newly remodeled stores in Milpitas, Calif., and Grapevine, Texas, on May 10. Both stores have been remodeled to feature Saks Fifth Avenue’s “luxury in a loft” store design, which boasts a modern,...

Grapevine, Texas -- GameStop Corp reported a nearly 50% increase rise in fourth-quarter profit fueled by gains in its mobile and digital businesses. Profit rose to $261.1 million from $174.7 million. Revenue for the quarter ended Feb. 2, 2013, totaled...

GameStop announced Friday it has unveiled a new store concept called GameStop Kids and will open 80 holiday stores in U.S. malls. GameStop Kids stores will feature an assortment of the most popular video games and accessories, toy brands and collectibles, showcased in temporary mall spaces. The first GameStop Kids location opened Friday at the Grapevine Mills Mall in Grapevine, Texas, with all other locations opening in the coming days and weeks, according to the company.

Grapevine, Texas — Ahead of releasing its first quarter results, GameStop said earnings for the quarter were 54 cents per share and that same-store sales fell 12.5%. According to the company, this drop in same-store sales is due to light demand for “AAA” game launches and slower-than-expected store traffic during the quarter. The company has reaffirmed its full year earnings per share guidance of $3.10 to $3.30. GameStop will provide second quarter and full year sales guidance in conjunction with its first quarter earnings release and conference call on May 17.

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