Video game industry continues to show pains from cash-strapped consumers in recession, as world’s largest video game retailer reports steep profit decline.
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Retail games giant reports increased profit for the quarter and the fiscal year. Amazon’s new trade-in program, though, could lead to trouble in the future.
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Amazon has its eyes on GameStop’s cut of its successful trade-in business model.
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Video game retailer doesn’t foresee a drop in sales anytime soon, with plans to open 400 new stores in the coming year.
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Texas games giant agrees to acquire French chain Micromania for $700 million in a cash-and-debt deal.
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The rapture-themed Left Behind book series becomes a video game, highlighting how religion is influencing new media.
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