Sections

GameStop acquires 49 stores in Norway

US retailer continues European expansion as it rebrands local chain Free Record Shop

US games retailer GameStop has bolstered its presence in Europe by acquiring 49 stores in Norway.

Purchasing 100 per cent of the outstanding share capital of local chain Free Record Shop, the stores will now be branded as GameStop outlets as the company increases its store count to 160 locations in Norway, Sweden, Denmark and Finland.

"We are pleased to have worked with Hans Breukhoven and his entire management team at Free Record Shop to complete this acquisition," offered R. Richard Fontaine, CEO of GameStop.

"We look forward to expanding our productive business model in the Norwegian market and partnering with the knowledgeable and energetic store personnel at Free Record Shop. This transaction is another step in our strategy of bringing move video game stores to growth markets around the world."

Related stories

GameStop: Forced bundles are for customer convenience

Retailer defends practice of requiring online purchasers of high-demand items to pay for additional merchandise

By Brendan Sinclair

GameStop Q2 profits fall despite Switch strength

A $7.3m gain from the sale of Kongregate also helped to keep profit decline to 20%

By Matthew Handrahan

Latest comments

Sign in to contribute

Need an account? Register now.