It’s worse for GameStop than we thought

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  • Inside Gaming published this video item, entitled “It’s worse for GameStop than we thought” – below is their description.

    Shop RTX at Home exclusively at from September 15th to the 25th! Things continue to go from bad to worse for GameStop Corp. as they continue to report record losses and retail store closures. GameStops financials weren’t great even before covid and with multiple stay at home orders and the bit of controversy at the onset of the pandemic has left the retail chain in a dire situation. Join us as we peer through the flames, today on Inside Gaming. Listen to our podcast! Or buy our shirt! OR follow us on Twitter! SOURCES [CNN] GameStop is closing hundreds more stores [Games Industry dot biz] GameStop will close another 400 to 450 stores this fiscal year [Fox Business] No fun at Gamestop after big sales drop [Games Industry dot biz] GameStop continues to post heavy losses amid pandemic, end of console cycle [VentureBeat] GameStop considers installment plans for PlayStation 5 and Xbox Series X

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    In This Story: Xbox Series X

    Xbox Series X and Series S are upcoming home video game consoles developed by Microsoft. They are both scheduled to be released on November 10, 2020 as the fourth generation of the Xbox console family, succeeding Xbox One.

    Rumors regarding the consoles first emerged in early-2019, with the line as a whole codenamed “Scarlett”, and consisting of high-end and low-end models codenamed “Anaconda” and “Lockhart” respectively.

    The high-end model was first teased during E3 2019 under the title “Project Scarlett”, while its name and design as Xbox Series X was unveiled during The Game Awards later in December. In September 2020, Microsoft unveiled the low-end model as Xbox Series S.

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