GAMESTOP

Will digital downloads kill the videogames store? That's the multibillion dollar question facing retailers from Wal-Mart Stores Inc and Target Corp to GameStop Corp, as Internet distributors continue to grow.

Will digital downloads kill the video games store? That's the multibillion dollar question facing retailers from Wal-Mart Stores Inc and Target Corp to GameStop Corp, as Internet distributors continue to grow.

GameStop Corp said on Thursday its same-store sales dropped more than expected in the last quarter and it lowered its full-year same-store sales forecast.

Video game retailer GameStop Corp said on Thursday its first-quarter profit rose 13 percent, driven by sales of popular titles like Resident Evil 5 and Street Fighter IV, but same-store sales fell more than expected.