Video game retailer in red

THE Irish arm of the world’s largest video game and entertainment software retailer, Gamestop, went into the red last year recording pre-tax losses of €3 million.

Documents just filed with the Companies Registration Office show that the Gamestop Group recorded the €3m pre-tax loss in the 12 months to the end of January 30 of this year after recording pre-tax profits of €2.86m the previous year.

The Dublin-based group has 55 outlets across the country and recently announced it was seeking to hire 125 part-time seasonal sales assistants in the run-up to Christmas.