GameStop mentioned cautiuosly ahead of tomorrow's sales report at Piper Jaffray Piper Jaffray's checks indicate weak Nintentdo Wii U sales will not help Gamestop's hardware sales offset relative weakness in software. The firm believes holiday comps will range between (1%) and 3% and that any number below (1%) will likely pressure shares. The firm rates shares a Neutral with a $24 price target.
GameStop expands layaway program for 2014 holiday season GameStop announced that it will expand its 2014 holiday layaway program to include more products. In addition, through its new PowerUp Rewards credit card, GameStop is offering special financing. For a limited time, PowerUp Rewards Pro credit cardholders will receive zero percent interest on purchases of $500 or more for six months, GameStop announced.