Submitted by HardTileD_ 775d ago | news

GameStop closed 52 stores in past three months

Retailer ended quarter with 6,505 stores worldwide after closing and opening outfits in United States and internationally. (GameStop, Industry)

Excalibur  +   775d ago
That sucks, I hate to see anyone in any industry losing their jobs, especially in this economy.
KwietStorm  +   775d ago
They better count that as a blessing, since Microsoft backtracked on their used games policy.
jackanderson1985  +   775d ago
gamestop was one of the places they allowed trade ins... not sure how it would have affected them greatly seeing as both MS and a large portion of the publishers said they wouldn't be adding in extra fees
Yodagamer  +   774d ago
It's really simple alot of people would have thought used games aren't allowed as they have and some people still do so they wouldn't have thought to bring them to gamestop. A public misconception of the former used games policy might have hurt them.
Soldierone  +   774d ago
Not really. They didn't restrict it, they just said "if you want to do trade ins, it has to be through GameStop." If anything, it benefited gamestop entirely since they no longer would compete with Ebay or direct second hand sales.
kreate  +   774d ago

But That's what kwietstorm was trying to say though.

Later Microsoft one by one, backtracked on everything making used games tradable cuz of the complaints.

So that's why it helps gamestop eventually, not from the beginning.

Gamestop was putting pressure on microsoft about this issue and later it happened.
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Jovanian  +   775d ago
let it burn!

i'm tired of their destructive practices to gaming
Starbucks_Fan  +   775d ago
No sympathy for the 100s of people who got laid off?
CerebralAssassin  +   774d ago
Maybe he doesnt have a job to know what it feels like to lose it. In any case, most employees get relocated to other locations.
Deadpoolio  +   774d ago
Well chances are he lives in his mommy's basement and doesn't have a job himself cause it would get in the way of his intelligent commenting on the interwebs
Hicken  +   774d ago
Not really. Well, we get moved to other stores, but it's not exactly like there are the hours to spare.

Which is why I no longer work at GameStop after my store got closed earlier this year. Fortunately for me, I was able to find other work prior to that.
kreate  +   774d ago
That's the dillema.

Would u support a evil greedy corporation just so that ppl will have jobs?

I know the American people indirectly abadoned the military and now we got a bunch of unemployed soldiers with no work or on unemployment.

Combat is what they know and combat is what the society don't need.

I didn't see much support when circuit city closed down.

What's special about gamestop?
They don't even have that many employees like circuit city or the US military.
#3.1.4 (Edited 774d ago ) | Agree(0) | Disagree(1) | Report
Misaka_x_Touma  +   774d ago
Tell ya what you either go back to your old self gamestop or dissolve all together
ylwzx3  +   774d ago
Sorry for the job losses but I can't say I will miss them thats for sure.
kewlkat007  +   774d ago
I wish they changed their business strategies..I think they are cancer to the industry.
CerebralAssassin  +   774d ago
The gaming community is more of a cancer then gamestop will ever be. Gamestop isnt alone in their practices. Best buy and walmart all have tried the trade in procedures. It fails everytime. Amazon gets a cut of your sale. Ebay gets a cut of your sale. You just dont see it.

mom and pop shops do the same. They give better prices sometimes. Most the time they open and close a few years later due to not making a profit. Just the way the game works. Be glad a company can utilize it properly.
justSumDood  +   774d ago
While i agree they DO need to change their business models, i do not agree they're a cancer, they are not killing the industry.
Its the opposite actually. Gamestop invariably stimulates the industry's economy with a steady flow of currency, giving it life.

Although, considering some of their business practices, i suppose they are more akin to a parasite, leeching off the consumer.
But, certainly not a cancer.
Hicken  +   774d ago
More of an annoying symbiote, I'd say. Like Carnage or Venom: they give you some things you want, and some things you don't.

I don't defend them just because I'm a former employee; in fact, I hate a lot of their practices, and bumped heads numerous times with my store and district managers about them. But I think being an employee gave me insight most of these complainers don't have about the good the company actually DOES do for the industry.

For example, I couldn't begin to tell you how many old games I took in towards the purchase of new ones during the three years I worked there. But it was a helluva lot.

In the old days, us employees would bend and/or break the rules for customers, trading in games we couldn't possibly resell, or working out deals to get the maximum value. Hooking people up when somebody wanted to buy a game somebody else was selling, since they could both come out better making a private trade than they would through us.

But money is the great corporate motivator; they stopped hiring gamers, and started hiring salesmen. That's been GameStop's biggest mistake, and it's one they continue to make.

And their stupid ideas on how to make money are causing them to lose more money, which is causing stores to close down.

It's a damn shame, but that's retail.
justSumDood  +   774d ago
Heh! Nice analogy. And you make some good points.

Also, i think GS is in a tough situation right now.
Anyone who has half a brain and has been gaming long enough would have realized about 6 or 7 years ago that the industry is slowly trending towards digital distribution. That includes the analysts at GS. They know this is going to be an extremely difficult transition for them (if not impossible thanks to DRM.) So now its a money grab; to try to get as much as they can to help offset the costs of that transition, or before theyre forced to shut their doors for good.

Either way, i wish them luck.
SpitFireAce85  +   774d ago
Sorry for the people that lost their jobs.But i
can't stand Gamestop.


CerebralAssassin  +   774d ago
It clearly says on sale dude. Meaning temporary.
Deadpoolio  +   774d ago
Probably shouldn't use a SALE price as an example....Sale is not a permanent price it's exactly how it sounds SALE
DaGR8JIBRALTAR  +   774d ago
yessssss!.......now close the rest.
justSumDood  +   774d ago
Close the rest?
NO! Don't close the rest!
If all gamestops close where are we going to buy our games?
Big retail only ever have the latest/best selling games (or games that havent sold through yet)
Online retail; gotta wait for your purchase.
Digital? Theres issues with forced DRM and a lack of a physical copy.

We need gaming specific stores!
We need some place to shop that specializes in gaming, and NOTHING ELSE!

Fine. You dont like gamestop, i get it. So dont shop there, dont give them your money.
Personally, i like having the option. So dont ruin it for the rest of us!
#8.1 (Edited 774d ago ) | Agree(2) | Disagree(0) | Report | Reply
DaGR8JIBRALTAR  +   774d ago
SMH! say man..calm down,it's not up to me if the remaining gamestops stay open or not.Personally I don't see how anybody could shop there,them being a bunch of scam artist and sheisters . You can always do business with Best Buy,they offer more incentives for pre-ordering and give you more on trade-ins if you're a member of reward zone.

P.S.S.....I know older games are good to keep for sentimental value but come on bro...how much time do you spend playing older games.I stop doing business with gamestop five yrs ago and IF I had my way they all would be GONE!
#8.1.1 (Edited 774d ago ) | Agree(0) | Disagree(0) | Report
CaptainPunch  +   774d ago
It sucks to see people losing their jobs, that's never fun.
0pie  +   774d ago
i hope they will close more gamestop to the point that there will not have a gamestop on earth.
Those who lost their jobs will probably be able to find another job somewhere else... As far as i know, you dont need a phd to work at gamestop.
TheDivine  +   774d ago
They will open 100 more when next gen kicks in. Its been slow these past few years. This gen lasted a bit too long but all is forgiven now that we have two new handhelds and three dope ass consoles launching/revving up.
DaGR8JIBRALTAR  +   774d ago
What you just said was pretty ignorant....Why close stores just to reopen then when next-gen gets rollin.If they had that much confidence in next-gen turning business around,they never would have closed em to begin with. Think man,think!

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