For years, GameStop has managed to maintain a significant lock on the physical games sale business, even as online sales of games and consoles became more popular online. The company’s current business model may have hit the hard wall of shifting consumer tastes according to its own fourth quarter results. more...
One of the most widespread hardware failures to plague consumer electronics was the Xbox 360’s Red Ring of Death, an unfixable light pattern — unaccompanied by an error code, unlike other Xbox 360 failures — that represented one or more hardware components have broken down in some way. A new report claims that GameStop learned how to fix it back in 2009, and has been reselling the refurbished consoles ...