www.zacks.com/stock/news/1110628/...cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-1110628
Additionally, strong omni-channel capabilities have been supporting the company’s performance Notably, e-commerce sales skyrocketed 800% during second-quarter fiscal 2020. This followed an increase of 519% in the first quarter. The company has been witnessing advancements in curbside delivery, buy online pick in store, ship from store and web in store capabilities. GameStop plans to continue expanding its same-day delivery capabilities. It is also on track with enhancing online payment options, including private label credit card, buy now pay later options, and also leasing options for high value items. Further, its redesigned mobile application is likely to enhance customer engagement.
GameStop is also striving to improve its performance through strategic endeavors such as cost reduction, optimization of inventory, focusing on high margin product categories such as PC gaming accessories and rationalization of store base.