GameStop has been on shaky ground for the past few years, with a lack of innovations and failure to gauge the market slowly leading the company towards the same fate as Blockbuster and Toys 'R Us. Back in July, we saw that GameStop would be renovating a handful of its remaining stores in an attempt to get more people invested in shopping at GameStop regularly. As the company continues to try to stay relevant, more changes have been happening in the background, leading to the laying off of over 100 workers at the retail chain. On Tuesday, GameStop announced that 14% of its associate base, along with half of Game Informer's staff, had been laid off without warning. Earlier this month, GameStop also laid off many of its regional managers, HR dept, and district leaders.

While these changes are difficult, they were necessary to reduce costs and better align the organization with our efforts to optimize the business to meet our future objectives and success factors. We recognize that this is a difficult day for our company and particularly for those associates impacted. We appreciate their dedication and service to GameStop and are committed to supporting them during this time of transition.

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[MasterJ360]

This is actually happening in other retail stores where they are cutting off positions mainly b/c 3rd party companies will take over the said employment role.
Only time I go to my local gamestop is when I don't feel like waiting on shipment to buy a game tbh.

 

[piratesephiroth]

We need physical distribution if we hope to continue owning games. Digital distribution is nice, but the trade-off is too high a price to completely get rid of physical.

I doubt gamestop will go completely out of business, especially in countries it's doing fine, but I don't see a resurgence happening in the states. Most likely will "file for bankruptcy" at some point, be bought out a few months later, and redone in a way that may or may not succeed.

But hey, those going out of business sales will be to die for.

The problem there isn't digital distribution, it's DRM

 

[Humanity]

The problem there isn't digital distribution, it's DRM

The main problem is shitty DLC (shitty DLC includes lootboxes & microtransactions).

98% of DLC is shitty DLC.

Some DLC "expansions" have even shipped on launch discs but been locked away.

 

[Voyambar]

Makes me wonder when Walmart will join in on that party...

I dont know if you know but Walmart is very successful and not losing any money. They aren't going anytime soon.

 

[Dr.Hacknik]

It may sound odd, but I do have fond memories as a child shopping there. Like getting my first DS Lite or Wii games. I dunno, it would really hurt to see them go but also because they're one of the few who resell physical games.

 

[DANOMINATOR]

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GameStop has been on shaky ground for the past few years, with a lack of innovations and failure to gauge the market slowly leading the company towards the same fate as Blockbuster and Toys 'R Us. Back in July, we saw that GameStop would be renovating a handful of its remaining stores in an attempt to get more people invested in shopping at GameStop regularly. As the company continues to try to stay relevant, more changes have been happening in the background, leading to the laying off of over 100 workers at the retail chain. On Tuesday, GameStop announced that 14% of its associate base, along with half of Game Informer's staff, had been laid off without warning. Earlier this month, GameStop also laid off many of its regional managers, HR dept, and district leaders.



Source

GameStop ded

 

[raxadian]

Amazon and other online outlets probably generate more physical sales than GameStop these days, though. Not to mention there's still Target, Wal-Mart, and other non-specialized retail stores selling games.

And physical game sales are still in the millions were for digital only games selling a single million is considered a success.

 

[FAST6191]

Devs generally hate gamestop because of their second hand stuff and wouldn't mind them going away

I am still not sure on what grounds other than "whaa I want money" the pubs/devs have for disliking second hand.

 

[kumikochan]

Got a 401k? That comes to 104 (used copies of Madden '17 on PS3) in credit and a Wawa ham sandwich equivalent to Zimbabwe cash.
Would you like to pre-order a 1099?


Seriously, kind of sucks they had no warning about the "vacation".....like they were....short-changed....ripped-off....sold-a-copy-of-Xenoblade-for-retail-bought-it-off-you-for-70%-less-then-sold-it-for-nearly-200%-retail-feeling kind-of-cheat.

Well what do you expect, it's a business. If they wouldn't be doing that and gave everyone top dollar then they would have gone bankrupt 20 years ago. I see people often complaining about that but if they give you what it is worth then how the hell are they gonna generate a profit because constantly buying and selling less than they buy makes it so that stores spend more than they earn. Business wise what people want makes no sense whatsoever. People have to be a bit more realistic.

 

[LoganK93]

Really disappointing to see it dying stil . I LOVE going in and generally get decent deals. I enjoy talking to the employees, and honestly thought it would have been a great place for me to work.

 

[AdenTheThird]

Too bad, I don't like Gamestop as a company at this point.

 

[Willgheminass]

I've mentioned this before in the last GameStop article, but I hope they go away because my local buy/sell game place uses their rates for buying items. I mean they literally look them up and use that for their prices. Could've wished I have known this earlier because I love buying from my local shop.

 

[DuoForce]

GameStop needs to die already

 

[Voyambar]

GameStop needs to die already

I agree with you but only because i'm tired of seeing GameStop die more and more. Its like its in a hospital bed on life support and its family wont pull the plug. The plug needs to be pulled.

 

[th3joker]

gamestop is only good for saving a extra 10 minutes going to a walmart just to end up with a game that has a generic cover and a display copy sold as new. good riddance

 

[DJ-Yoshiman]

I'm actually one of those weird customers that enjoys going into GameStop.


But not for games. For merchandise.

 

[Humanity]

I've mentioned this before in the last GameStop article, but I hope they go away because my local buy/sell game place uses their rates for buying items. I mean they literally look them up and use that for their prices. Could've wished I have known this earlier because I love buying from my local shop.

Hahah

 

[DDTarZan]

I cant wait for the Everything Must Go! sales.

 

[H1B1Esquire]

one top dollar

Not $55.00 cash on a $63.00, but at least a few more buckaroos.

 

[Kilim]

maybe if i wasnt harassed into preordering shit from them everytime i go in i wouldnt mind them closing