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Showing results for Huntington Mall Company vs. Gamestop Inc.
...A version of this article was first published by Nikkei Asia on May 15 2023. ©2023 Nikkei Inc. All rights reserved....
...GameStop, but for its meme-stock status, might be in the same boat. But Macy’s, Foot Locker and Nordstrom are trickier....
...phenomenons like AMC Entertainment, GameStop and as DD delved into yesterday, Bed Bath & Beyond....
...GameStop: revenge of the nerds In January, US stock markets were transfixed by the outsized trading volumes and surging share prices of unremarkable established companies such as consoles retailer GameStop...
...For most Americans, GameStop is a struggling bricks-and-mortar video game retailer. For investors, the company has become the epicentre of a war between hedge fund pros and so-called “Reddit bros”....
...The company uses Amazon services such as for cloud computing, but there is little benefit for Uniqlo in becoming one of the many brands on others' online malls, he said....
...In the UK JD has a roughly 50:50 split between malls and high streets so is well hedged for customers choosing to shop locally....
...“He recently went to a shopping mall. A fan tore off his shirt, another punched me, someone else kissed him on the cheek,” says Nagpal....
...The benefits of digitally-enabled, centralview inventory management (vs. decentralized pools -- i.e. stores) are subtle but powerful....
...Adjusting for certain items, GameStop said it earned $2.15 a share, a penny below forecasts....
...Related reading: IPO move by 360buy raises eyebrows, FT Competition squeezes Chinese coupon websites, FT China searches for the next Steve Jobs, FT Tencent vs Sina: who’s on track? beyondbrics...
...But Gamestop, one of the world’s largest video game retailers, gave up 15.5 per cent to $22.38 after slumping sales caused the company to miss analysts’ estimates....
...GameStop is paying Electronics Boutique shareholders a mix of cash and stock that values the company at $55.18 per share a 34 per cent premium to its closing share price on Friday....
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