GameStop reboots imports as freight costs power up — Panjiva
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GameStop reboots imports as freight costs power up

Cons. Discr. - Durables 573 Cons. Discr. - Retailing 517 U.S. 5398

Retailer GameStop reported FQ4’21 (to Jan. 31) revenues which fell by 3.3% year over year as a surge in e-commerce activities was offset by reduced foot traffic. The firm also faces a “continued increase in industry-wide freight costs” according to CEO George Sherman and appears to have experienced significant supply chain volatility. The firm’s fortunes appear more closely tied to toys than video games with 74.8% of U.S. seaborne imports linked to the firm in FQ4’21 being videogame-adjacent toys and board games. In that regard it is somewhat comparable to toy makers and toy stores. U.S....

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