Gamestop losses narrow to €3m

LOSSES at the Irish arm of the world’s largest video game and entertainment software retailer, Gamestop, narrowed by 29% to €3 million last year.

Documents just filed with the Companies Registration Office show that Gamestop Group Ltd recorded the €3m loss in the 12 months to the end of January 29 of this year after recording losses of €4.3m the previous year.

Gamestop Ireland has 50 outlets in Ireland and seven in Britain and the filings show that group recorded the loss last year after revenues declined by 8.8% from €67.9m to €61.9m.