Dec 10 (Reuters) - Videogame retailer GameStop ( GME )

reported a fall in third-quarter revenue on Tuesday, hit by a

continued slump in spending at its brick-and-mortar stores as

consumers shift to online platforms.

The company's third-quarter revenue fell 20% to $860

million, compared with $1.08 billion a year ago.

GameStop ( GME ) has been grappling with a slower turnaround of its

main business as it struggles to ramp up sales of videogame

hardware and collectibles, while facing stiff competition from

online retail giants such as Amazon.com ( AMZN ) and eBay ( EBAY )

.

It is also burdened by an uncertain macroeconomic

environment as consumers cut back on discretionary spending

owing to stubborn inflation and a slow recovery in the gaming

market.

The company reported net income of $17.4 million in the

third quarter, compared with a net loss of $3.1 million a year

ago.