600°

GameStop Store Closing Sales Can Be Ridiculous

GameStop stores are closing, and walking into one on its last legs can be a lot to take in. While folks could benefit from the sales, there's a human aspect to consider too.

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1561d ago Replies(3)
Kabaneri1561d ago (Edited 1561d ago )

This is the problem with digital media, yeah its more convenient but it comes at the cost of physical media and the infrastructure that supports it.

mgszelda11561d ago

No the problem is gamestop overstepped long enough. Good riddance I say.

annoyedgamer1561d ago

Gamestop is just too expensive. Best Buy and Amazon offer better deals on physical disks.

CyberSentinel1560d ago

I absolutely agree.

Amazon offered new games for $48. Pre-orders, Day 1, free delivery, with no taxes!
I took total advantage of that offer for years! BB gives $5 credit for new games, free day one delivery. Gamestop never even tried to compete with Amazon or Best Buy.
They deserve to fail.

Rhythmattic1560d ago

Retail at its basic level....
Bricks and Mortar... lease payments and people with a wage..

Why do you think Jeff Bezos is one of the richest men on the planet? One Warehouse to rule them all !

Rebel_Scum1560d ago

Consoles too which is the only thing that keeps Gamestop relevant in the bricks and mortar market place.

KyRo1560d ago (Edited 1560d ago )

It's not solely the issue. GAME here in the UK is in the same mess as GS and that's down to nothing more than greed. They ain't competitive with pricing at all when you can go to your local supermarket or online games retailer and buy it a a cheaper price than what GAME will sell it but quite a bit.

They admit most of their sales come from pre-owned so why compete with other retailers on the new games so people will buy them there? Yes they may lose £5-£10 on each game sold but you would have had a sale instead of pushing people to go elsewhere for cheaper which lost them more money overall.

sprinterboy1560d ago

Yep uk myself buddy, GAME went after the clueless passing mum and dad customers and forgot who was actually important to them.
Nothing but used although I take a peak every bf and they've always done a great launch console bundle (ps4 mega bundle) plus I take it they'll do good launch bundles and a midnight launch for ps5 so I'll probably go GAME again for the console but games and accessories is a no no.
Off topic but the midnight launch nights for nxt gen consoles will probably be the last?

rainslacker1560d ago

GameStop's new release prices are the same as everyone else's. Their older games prices vary, but for some they're better than others, for some not as good as others. Their trade in prices really aren't that much different than what you find at Amazon or Best Buy. Maybe the difference of a few dollars, but GameStop will take back any game, regardless of condition. You can maybe make a bit more off Ebay, but after Ebay fees it's not usually much, and prices there are a race to the bottom. If one isn't a constant seller, shipping is usually a factor too. Their used game prices are really only high on new releases, but they're priced for their PUR program, which when used for the additional discount makes them the same price as other major retailers selling new releases. GameStop often has more deals on used games throughout the year.

People got on a hate train bandwagon because they think GameStop needs to give them more than they pay for new games, and apparently they are unable to say no to upsells or low trade in values. But, GS has only ever once been bad for me, and that was more because of a single employee than corporate policy. Might be because I can say no though.

The digital marketplace made it so they lost enough sales that their operating structure wasn't profitable. They tend to open their shops in expensive malls or strip malls. Have a lot of them close together, and of course have too many within a small area. They're trimming the fat now, which is probably their last attempt at staying open in their current form. But through the years we've been hearing all these things they're doing which aren't helping them apparently, but they're still chugging along, if not limping through it, so who knows how this current restructuring will go.

princejb1341560d ago

More jobs lost to online sales

Ratty1560d ago

How is that a problem exactly?

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Fist4achin1561d ago

As much as I don't like their business practices, more GameStop stores closing is not a good thing.

Terry_B1560d ago

Where will I get my Gamerwear now? ..oh right..they are just some clicks away :-)

bye bye Gamestop :)

Muzikguy1561d ago

As much as I complain about GameStop they have the biggest selection of games around here. Something I'm always saying Best Buy needs to up their game on. Lately I buy from there or Target and not GameStop but that's because I already have a huge backlog so don't want used games (which I tend to look at when I go)

rainslacker1560d ago

I agree. I like Amazon, and Best Buy is good but a pain to get in and out of around where I work, but GameStop always has a much larger selection where I can just go in and look at games. Amazon has more availability, and generally their older game prices are in line with game stop, and will vary up or down depending on the game. But, GameStop is just nice to go in and look at boxes, maybe have something catch my eye, and perhaps purchase it. It's also good if I want something right away, instead of waiting a couple days to get it....which is rare, but does happen once in a while. I still prefer to buy hardware at a retail outlet, because if there are problems, it's less of a hassle and wait to replace it.

Outlawzz1560d ago

Best buy in my area has loads of games and game merchandise for all platforms so it's probably just the demographic in your area. I go anywhere except gamestop, always the worst prices there.

Muzikguy1560d ago

I don't know. I've been too many and they're pretty much the same. They have the newest games and that's about it. Many times the flyer shows a sale price for a game and my store don't even carry the game.

CyberSentinel1560d ago

The internet has a larger selection then Gamestop.
Gamestop is a dinosaur.

Muzikguy1560d ago

The internet will always have a larger selection. I don't feel that's a valid argument to give up big box stores

LoveSpuds1561d ago

Amazon have signed the death warrant of many retail sectors including videogames......... Still, at least they pay their taxes I suppose, right?

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100°

F1 Arcade Opens In Boston

This reminds me of Gameworks and sounds really fun. F1 Arcade (F1Arcade.com/us/), the world’s first premium F1 entertainment experience, today opened its first US location in Boston Seaport.

DefenderOfDoom21d ago (Edited 1d ago )

Cool , only a 20 minute ride for me. I am going to check it out . I hope they have a lot of retro Arcade cabinets. Now that Mary Jane is legal in Massachusetts it would been awesome if they served Edibles at the bar also. I once played music and promoted a EA Madden tournament at a nightclub in Greater Boston in 2003 . Only problem is hardly anybody drank booze because between games most of the crowd would just go out to there car and smoke weed . So it would be awesome if they got a weed license to at least serve Edibles.

Garethvk21h ago

I think they would likely want to stay clear of that until they are more established.

People will tolerate Alcohol but will have a different take on edibles and such as they are trying to push a family friendly atmosphere I am sure.

SonyStyled20h ago

I’m in the metrowest area. I’ll have to check this out too

Garethvk18h ago

Let us know how it is please.
Know

90°

The Epic Games Store Has Two More Freebies this Week

It's time to add two more games to your library for free from the Epic Games Store.

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terminalgamer.com
290°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

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theverge.com
darthv725d ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

solideagle5d ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Sonic18815d ago

I thought darthv72 and Obscure_Observer already work for Microsoft 🤔

dveio5d ago

MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."

darthv72: "Seems about right."

MS: "Excuse m ..."

darthv72: "I don't hardly play on my consoles directly."

MS:

Lightning774d ago

What he said was facts. How he plays games is no concern of you. Don't get too mad about it.

Cacabunga5d ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

darthv724d ago

to you it may seem like the minority... but your bubble is shrinking because more and more are following suit. convenience is a hell of a drug and its also why physical sales only amount to 30% of overall game sales. times are changing, you either get with them or you get left behind.

neutralgamer19924d ago

Darth

30% physical sales: yet Phil and xbox division are in a rush go give up on that 30%. they don't have any right to give up any piece of the pie since the control such a little of the pie to begin with

also, the market is clearly speaking that the model Xbox is pushing isn't working right now the keyword being right now. you are right about freedom to play anywhere so i hope they put their games on steam

shinoff21835d ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

Cacabunga5d ago

Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.

If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.

Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you

itsmebryan5d ago

@shin
Well keep it simple Sony 's operating income is down 26% and Microsoft's is up 32%. No MS spin there, just facts. 😉
Cheers

S2Killinit4d ago

MS is after diminishing consoles as a medium. They want to destroy this market because they couldnt win. MS’s vision is to dissolve console gaming.

romulus234d ago

Odd that a company that touts you dont need the hardware to play is already touting another console in the works.

darthv724d ago

They are not reliant on the HW but still want to maintain a presence (no matter how small) is a good thing. It shows commitment to the craft. It reminds me of SNK and how they made games for their own hardware (Neo Geo) while also making them for others because they knew there was a market to do so. They knew they would sell more to others but also sell to their own niche fan base.

TheEroica4d ago (Edited 4d ago )

Perfectly reasonable post down voted by insecure corporation friendly folk.... But not gamers. Real gamer want accessibility and ease of acquisition for all.... Company shills are the only ones still telling us that hardware locking people from games is good for us.

Chevalier4d ago

@Darth

You should stop parroting metrics like an idiot without context.

"Xbox content and services revenue grew 62% in Q3 from a year earlier, “driven by 61 points of net impact” from the purchase of the third-party video game giant, Microsoft said."

61 of the 62% was from their merger so net increase is ONLY 1%

https://www.mesaonline.org/...

itsmebryan4d ago

@chevalier

It looks like made a great purchase. Much better then Sony buying Bungie. 😉
Cheers

+ Show (4) more repliesLast reply 4d ago
purple1015d ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos5d ago

I'm not surprised surface is struggling they aren't relevant anymore

DOMination-4d ago

In the last two years they've started exiting the consumer market altogether. All of the newest Surface products are business models only. They can't seem to work out what they want to do with it.

XBManiac5d ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad5d ago (Edited 5d ago )

"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."

That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.

purple1015d ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos5d ago (Edited 5d ago )

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic5d ago

So basically PS and PC gamers' money is keeping Xbox on life support.

MrDead4d ago

The only growth MS will get out of the console industry is if it supports it's rivals platforms. Xbox is a pointless machine now. I can see them on a big push for live next, and they won't give up on trying to buy Steam.

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