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70
Report: GameStop closing hundreds of stores in the United States (www.gamesindustry.biz)
posted 152 days ago by dagthegnome 152 days ago by dagthegnome +70 / -0
Report: GameStop closing hundreds of stores in the United States
The news comes as the firm puts CEO Ryan Cohen on track for $35m payday if he can increase its market cap by 950%
www.gamesindustry.biz
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Comments (51)
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▲ 20 ▼
– SocraticMethod1 20 points 152 days ago +20 / -0

I'm surprised they are around to this extent today. I'd have seen the trend and tried to gravitate to another business practice.

I don't know what though, given the stores, maybe try to set up a successful Internet cafe franchise?

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▲ 25 ▼
– deleted 25 points 152 days ago +25 / -0
▲ 23 ▼
– SocraticMethod1 23 points 152 days ago +23 / -0

Just have books at the front of the store about positive father relationships, that should repel them.

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▲ 6 ▼
– PM-Melania-feet-pics 6 points 152 days ago +6 / -0

Also, play Sinatra outside.

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▲ 4 ▼
– Skywise 4 points 152 days ago +4 / -0

Or any brat pack music for that matter.

"What kind of music is that?"

"Scat music."

"That's racist minstrel music!"

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▲ 11 ▼
– FromTheShadows 11 points 152 days ago +11 / -0

Too bad the shops aren't big enough to support those kinds of services. Seriously, it's always annoyed me how cramped those stores always were.

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▲ 3 ▼
– Benevolentdictator 3 points 152 days ago +3 / -0

Gotta stuff in more product I guess.

Also I suppose every square foot of retail lease space costs more Benjamins.

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▲ 5 ▼
– TheOutlaw 5 points 152 days ago +5 / -0

Space would be pretty hard to come by even if they weren't cramming product everywhere they can fit it. Those places are tiny.

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▲ 8 ▼
– TheOutlaw 8 points 152 days ago +8 / -0

Your last paragraph illustrates the problem. There's no reason to believe they wouldn't be infested with fags and troons just like all the other community gaming spaces have been.

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▲ 4 ▼
– ProdigalPlaneswalker 4 points 152 days ago +4 / -0

Miniatures, painting supplies, grid maps, TTRPG guidebooks, maybe set up some tables for people to actually play games in the shop, etc.

This model totally worked for Game Keeper!

https://archive.seattletimes.com/archive/19990504/2958750/wizards-of-the-coast-buys-game-keeper-retail-chain

Oh. Well I'm sure Wizard's retail stores are doing fine...

https://toynewsi.com/115-2490

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▲ 3 ▼
– deleted 3 points 152 days ago +3 / -0
▲ 3 ▼
– covok48 3 points 152 days ago +3 / -0

They don’t want the concept to work. They want to extract value until they can sell it for part. Such is the life of being owned by PE.

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▲ 9 ▼
– Smith1980 9 points 152 days ago +9 / -0

My local GameStop started selling sports cards on half of the store and that is most their business now

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▲ 4 ▼
– Benevolentdictator 4 points 152 days ago +4 / -0

Brand new ones still in the boxes/foil?

Or an honest-to-goodness glass cabinet outfit selling & trading vintage cards?

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▲ 3 ▼
– Smith1980 3 points 152 days ago +3 / -0

Brand new. I didn’t know they sold them til I went to turn in some PS4 games. I collect cards and coins so it’s nice to see

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▲ 2 ▼
– Theacefospades 2 points 152 days ago +2 / -0

Mine sells magic singles now...

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▲ 3 ▼
– deleted 3 points 152 days ago +3 / -0
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– throwawayaccount2037 3 points 152 days ago +3 / -0

Gamestop is not supposed to be the next netflix or something. They should be contend offering very good salaries to their store owners here and there and that's it.

This is a societal problem wrapped up in your last sentence and applies to a lot: Businesses, education, careers, and relationships.

Instead of being content with some measure of success, there is this constant push from the zeitgeist that there must be more of everything.

Everyone is told that what is there and what's been attained is not enough, you must seek more.

The ingratitude for "enough" is what leads to the tower of cards eventually toppling over.

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▲ 3 ▼
– Benevolentdictator 3 points 152 days ago +3 / -0

They should try to recreate & monetize Reddit, but IRL.

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▲ 18 ▼
– TallestSkil 18 points 152 days ago +18 / -0

A place for faggots, furries, trannies, child rapists, and jews (but I repeat myself) to meet and talk about communism?

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▲ 8 ▼
– SocraticMethod1 8 points 152 days ago +8 / -0

They tried that, TWICE!

Remember Dashcon and Rainfurrest?

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▲ 8 ▼
– Benevolentdictator 8 points 152 days ago +8 / -0

That was really peak Internet Historian.

I feel like he fell off, but haven't been following him closely enough to know why.

Maybe slow & erratic content publishing schedule?

The last impactful video I recall was the Costa Concordia tale.

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▲ 4 ▼
– ParadigmShift2070 4 points 152 days ago +4 / -0

He has 3 channels, one is the main internet historian, one is called incognito (he claimed he lost password to the main channel for a while) and another called expleened that explain the plots of games. He has slowed releasing videos the last couple years though

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▲ 3 ▼
– Benevolentdictator 3 points 152 days ago +3 / -0

Yeah, I'm aware of those two secondary channels thanks.

There was a time I enjoyed his shorter collab content on the Incognito channel more than his main channel longform vids (Though he did chum around with some very cringe shitlibs IIRC like Some Ordinary Things. And Sumito was less based than I hoped).

IH though, who has previously been accused of being more secretly based than he admits publicly, seemed to just peter out & disappear from the relevance of my algo without me actually unsubbing or some big controversy/bad take. Particularly for such a big time, relatively normie YT creator.

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▲ 3 ▼
– MassivePecorino 3 points 152 days ago +3 / -0

IIRC, he has some sort of serious illness.

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▲ 4 ▼
– TallestSkil 4 points 152 days ago +4 / -0

Ooh, well, uh… it seems to have worked for them. They did a second one. A second time, even.

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▲ 1 ▼
– 70thLike 1 point 152 days ago +1 / -0

They're genuinely only around because of WallStreetBets. They were almost to bankruptcy when that whole thing happened, and it propped the company back up. For a little while...

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▲ 13 ▼
– HallucinatoryBeing 13 points 152 days ago +13 / -0

The GameStops remaining in my area are in low-rent strip malls, usually next to a Walmart. The indoor mall locations all seem to be gone.

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▲ 4 ▼
– deleted 4 points 152 days ago +4 / -0
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– Benevolentdictator 3 points 152 days ago +3 / -0

I haven't been in an enclosed mall in recent enough memory to know.

Kind of sad to see them lose their flagship locations for nostalgia purposes even if I have zero sympathy for corporate.

Similar to how depressing it is to watch Pizza Huts leave & sell their icon red top flagship locations, only to retreat to new stripmall, cookiecutter express outfits completely indistinguishable from all the other goyslop chains.

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▲ 12 ▼
– RoulerBleu 12 points 152 days ago +12 / -0

I haven't been in an enclosed mall in recent enough memory to know.

Going to these today usually is a depressing and / or dangerous experience for reasons that are a hate-crime to mention in several countries.

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▲ 7 ▼
– deleted 7 points 152 days ago +7 / -0
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– MassivePecorino 5 points 152 days ago +5 / -0

My childhood mall closed recently, and I went to visit it just before the last day. Hadn't been there in almost 20 years, and the difference was... stunning. Graffiti everywhere, every jewelry store had an armed guard and the display cases had obvious hammer strikes all over them, everything was in locked cases. My fatigue grew three sizes that day.

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▲ 2 ▼
– Webspawner3 2 points 152 days ago +2 / -0

I think their biggest seller are Pokémon cards

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▲ 9 ▼
– Ahaus667 9 points 152 days ago +9 / -0

Ah yes, the old reliable “don’t innovate, downsize!”

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▲ 9 ▼
– deleted 9 points 152 days ago +9 / -0
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– deleted 5 points 152 days ago +5 / -0
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– deleted 3 points 152 days ago +3 / -0
▲ 9 ▼
– RoulerBleu 9 points 152 days ago +9 / -0

Pay $39.99+ taxes on a used videogame at Gamestop or $20 on Marketplace.

They have to pay rent, taxes, utilities and employees.

You're payig a very high premium for convinience of buying in store and may have a warranty on certain products. But if you're going to pay double at Gamestop, what are the odds of getting scammed twice for the same product online?

Not that Gamestop was ever the best place for good deals in the past, but it's alot worse today.

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▲ 4 ▼
– deleted 4 points 152 days ago +4 / -0
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– birb_never_dies 9 points 152 days ago +9 / -0

They ruined the market for used games, I hated them since day one.

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▲ 4 ▼
– MAGAnic316 4 points 152 days ago +4 / -0

GameStop GameOver

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– deleted 1 point 152 days ago +1 / -0
▲ 4 ▼
– Impishdesire 4 points 152 days ago +4 / -0

Great place to grab toys for your young family members for Christmas, dont remember the last time I bought a game at one.

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▲ 4 ▼
– undecidedmask2 4 points 152 days ago +4 / -0

Not a surprise. With how many people only get stuff online, there’s not much business left.

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– deleted 6 points 152 days ago +6 / -0
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– alucard13mmfmj 3 points 152 days ago +3 / -0

they doing online gambling.. basically you pay anywhere between 25 dollars to 2,500 dollars to roll for cards. its like 66% you get something same value or less. 33.99% you get sometihng slightly better. and 0.01% you get something worth 2x-3.

the worse thing is they offer a buy back service if you want to sell the item back to them. but they charge like 10% for transaction fee lol. the most hilarious thing is.. this is probably a taxable event, maybe even short terms capital gains tax which is like 17%. so these dumbasses think they will try to hit it big but then end up having to pay 30% in fees and taxes anyways lol.

they doing it for trading cards.

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– deleted 5 points 152 days ago +5 / -0
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– deleted 2 points 152 days ago +2 / -0
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– cultureenjoyer 1 point 152 days ago +1 / -0

There were malls with 2 gamestop stores. They needed to downsize a bit.

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