GameStop jumped as much as 27% after a strategic partnership with Microsoft gave investors fresh optimism that the video-game retailer can turn around its business. From a report: Under a multiyear agreement, GameStop will use Microsoft’s cloud services to handle business operations, including finance, inventory and e-commerce, according to a statement Thursday. In-store workers also will use Microsoft Surface devices while they’re helping customers. And GameStop will offer Xbox All Access, a monthly service for the Xbox gaming console. GameStop is expected to get a surge in sales when new video-game consoles arrive in coming weeks, and the Microsoft partnership could help them extend the momentum. A new Xbox and Sony PlayStation are debuting next month, which should drive traffic to GameStop’s stores and e-commerce site.
Read more of this story at Slashdot.
Source:
https://slashdot.org/story/20/10/08/1947247/gamestop-forms-strategic-accord-with-microsoft?utm_source=rss1.0mainlinkanon&utm_medium=feed