For years now, industry pundits have been predicting the death of video game retailers like GameStop. With The NPD Group continually showing retail sales declines in its monthly reports, the thinking is that digital distribution methods will eventually make GameStop - and its used business empire - all but irrelevant. In his latest investors' note, Wedbush Securities analyst Michael Pachter said it'll be a long time before that happens.
"It would be great if people had to buy more of the thing," says guy who makes money selling the thing.
If they did then collectors wouldn’t be getting f***** over with discless collectors editions
No shock, GameStop is alive because of trading. If they don't have used games on their shelves they are absolutely donezo.
Well of course the GS boss thinks this... that's their bread and butter business. That and funco pops and clothing, though those two were added as a means to supplement the decline in people buying used games or even new games. GS just sucks overall when it comes to gaming. I buy my physical stuff on Amazon or Best Buy.
As for "requiring" disc drives... nah. Not anymore, but i like having them as an option. They had a means back when games actually ran off the discs and were more/less complete. Now they are incomplete and the disc is really an installer with a license to play. If you want to change games you have to take out the disc and put in another. Its more convenient to just use digital. I have been into digital for years now and when the PSPortal comes along i wont even have to go into my game room. I will just play my PS5 from my couch downstairs. I have a bunch of digital installed games to my 5... I'm all set.
Gamingbible writes: "Luckily, if you’re living in the US you can trade your Xbox into Gamestop, where you’ll receive a hefty amount of cash as well as a $50 bonus for certain customers, just short of enough to buy the PS5."
At this point in time If I didn't own a PS5 I would have done this in a heartbeat but I had already acquired a PS5 first before I acquired an XBSX.
I'll stick to keeping both. Gamestop though... seems kind of desperate to take in Series X units. What could they be plotting???
I just want some games for my series X I have both since release and after weighing the offerings in PS Essentials to Gamepass I quickly realized I Owned anything of worth in both catalogs. And, the things I didn't I didn't see as justifiable for maintaining both subs.
Since then my series X is a legacy machine that I play my old games on and that's it. 3 years ago I really thought from that Xbox showcase we were going to have some great games by now. Instead, it's just been a lot of meh
GameStop’s chief financial officer is resigning, in the latest of several executive departures from the video game retailer.
10 more years of ripping off there customers
People should really look into everything that GameStop owns, and doesnt make known that they own. Check the stock of the company as well, they aint goin anywhere.
These days I take everything that Pachter says with a good grain of salt.
if Pachter says it that means that it's not gonna happen.
I am more conservative than that. They have about 3 yrs to change their business model. Physical sale will decrease quickly. If they could find a way to manage some kind of digital trading where they keep a piece of profit, they might actually get pass 10 yrs.