Pachter: Gamestop's growth won't worry Walmart or Target


"Speaking after the release of Gamestop's full-year financials, Wedbush Morgan's Michael Pachter has added an element of calm to the retailer's reporting of $7.1 billion sales, saying the firm is growing steadily and is unlikely to bother US monster chains Walmart or Target.

"I don't think GameStop's growth plans in the US are much different than in past years (300 stores), and don't see their 'mom friendly' format sending shivers down Wal-Mart or Target's spines," Pachter told videogaming247. "Moms are not making a separate trip to GameStop if they find what they want during their regular trips to Wal-Mart.""

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