read more at Edge Online:
"Big-box retailers such as Wal-Mart gained market share against specialty retail GameStop over the holiday season due to highly-competitive pricing, Janco Partners analyst Mike Hickey said in a research note Tuesday.
'We expect GameStop may have lost intended foot traffic this holiday to big-box retailers offering highly promotional pricing on numerous consumer products,' he stated. 'We think low price retailers like Wal-Mart, arguably the largest domestic videogame retailer, likely took market share this holiday.'"
Wednesday, January 07, 2009
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