Stories
Slash Boxes
Comments

SoylentNews is people

GameStop's Future in Question after Failing to Secure Buyout

posted by martyb on Wednesday February 06 2019, @08:21AM   Printer-friendly
from the throw-the-dice dept.

realDonaldTrump writes:

A long-standing brick-and-mortar game shop could be the latest victim of the digital age - and it could leave gamers out in the cold. We've seen the pattern before: the demise of a beloved retail chain due to the rise of online shopping, and the decline of in-store retail sales. Now it's happening to the country's biggest retail gaming chain, GameStop.

foxnews.com/tech/gamestops-future-in-question-after-failing-to-secure-buyout

The full statement from the company is available at GameStop Concludes Process to Pursue Sale of Company.

Original Submission

 
This discussion has been archived. No new comments can be posted.
GameStop's Future in Question after Failing to Secure Buyout | Log In/Create an Account | Top | 22 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 3, Interesting) by Phoenix666 on Wednesday February 06 2019, @04:11PM (1 child)

    by Phoenix666 (552) on Wednesday February 06 2019, @04:11PM (#797203) Journal

    I used to drop by GS on a regular basis to browse the bargain bin. I don't need to play games when they first come out or the fancy packaging they come in; it's a much more engaging and cost effective entertainment option than any video, movie, or show. I picked up the original Mass Effect trilogy that way; it cost under $25 for what was months of fun.

    Over the last year or so, the cheaper buys vanished. GS only stocked games costing $20-30 or more. The last half dozen times I went in I wound up buying nothing at all. It's funny, because I'm pretty sure the margin for them on used games was huge. I'm aware there are online alternatives, but I did like to casually drop in and browse when I was out running errands or other things.

    Now, as a knock-on effect, I have even less reason to shop retail for anything at a mall or other shopping complex. Oh well, GS, try to charge too much or mess with your customers, and they will move on.

    --
    Washington DC delenda est.
    Starting Score:    1  point
    Moderation   +1  
       Interesting=1, Total=1
    Extra 'Interesting' Modifier   0  
    Karma-Bonus Modifier   +1  
    Total Score:   3  

  • (Score: 2) by Freeman on Wednesday February 06 2019, @05:41PM

    by Freeman (732) on Wednesday February 06 2019, @05:41PM (#797259) Journal

    This makes a lot more sense for why they are struggling and why I've seen a recent independent game store come up in my (fairly small, rural) area.

    --
    Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"