There are at least two companies who are reportedly interested in buying GameStop.
Aghhh, I love going into a Game shop providing the staff are approachable and knowledgeable. It's a challenge finding bricks and mortar with both qualities, but when you do it's a brilliant experience!
Every time i go i have to wade through fortnite and minecraft merch just to make it to the games.
You mean you have to walk by them, fatty?
maximumburrito, Maybe, unlike you, his head is in proper proportion to his body.
@maximumburrito Its a figure of speech, fatty.
I had about two years at one GameStop near my old house where the staff was amazing. Always friendly, always helpful, and learned what kind of games I liked. They did such a good job, I had no problem getting preorders though them. This was before Amazon Prime discounts. It was always good going in there, and the manager even knew me well enough over that time to call me up when a rare used game came in that she thought I'd like. I'd imagine some indie stores may be like that also, but there aren't any close to me anymore, and the ones we did have a while ago all shut down, or didn't really have the selections that I would want for current gen games, and the older gen stuff seemed to be of questionable quality. GameStop is really the last bastion of dedicated gaming stores for ones that can have the buying power, and title availability. Indie stores can't maintain the same stock. best Buy can be hit or miss on what they carry. Target is about the same as best buy....sans the used games, but good luck finding anyone there that knows anything. That leave wal-mart, which usually has terrible selection of older games....is often out of newer games....takes too long to lower prices....and the staff is non-existent. So, that leaves nothing but the online stores, which is fine and convienant, but not quite the same experience as just going in and browsing for games. I've walked out of GameStop so many times with a stack of 5-10 games, and never regretted it. That's not something that I get from Amazon.
Dang Gamestop you're both good and bad at the same time
I dont think they were “bad”, did i get ripped off by selling my used games there? Sure, but i chose to do it, and that was the price of convinience. Gamestop needed the used game program to survive in the amazon era. Now, we possibly wont have gamestop anymore because they couldnt keep afloat which is why they had the used game program in the first place. I for one will miss the experience.
There are a lot of companies trying to survive the amazon era. But gamestop is definitely impacted the most. I would say best buy too.
Yeah. Very true.
I still believe that when it comes to selling, unless one wants to go through the trouble of Craigslist, or happens to know a person who wants to buy the game, that the end result for what you make from a sale is about equivalent to selling on Ebay, or other such sites. Plus, Ebay can be more problematic if someone decides to rip you off. I figured it out once using 20 games, ranging from a month old, up to 3 years old, most more popular titles, and the end result for all of them was you made about $12 more selling on Ebay...assuming you charged for shipping, and had power seller status(which I do). GameStop buying price is actually pretty competative overall, and Best Buy and Amazon are usually offering about the same....sometimes less, other times more. GameStop does charge more for used games which are still within that launch window, but I think most people don't account for the fact they also give the extra 10% to PUR customers, which actually makes the game $10 less than the new copy. $10 less is about what you'd find it for on Ebay. Sometimes you can get a deal though, as some sellers just want the money quick. @Enigma While Amazon(and Wal-Mart) have hurt GameStop, the rise of digital gaming cutting into their sales quite significantly is a bigger factor. Couple that with ever decreasing profit margins from the publishers and you get a recipe for not being profitable just selling new games. Gs certainly has some bad policies, and some of their business tactics with how they treat employees implementing some things is not that great, but I feel that GS tends to get a bad wrap by the consumers, because most of the complaints I see seem to be more about consumers just wanting more, while not recognizing that GS needs to make a lot to keep those doors open, and those same people seem to behave like they have no accountability for their actions. I respect S2K for saying that him dealing with what he doesn't like about them is by his own hand. That is extremely rare to see in GS criticism. Personally, I'd like to see GS be able to sustain itself through new games, with used games becoming less a neccessity, and the collectible stuff, being dialed back to stuff that is truly collectable, instead of just high profit margin junk that is about akin to the stuff you buy kids every year for xmas because it's the in thing. GS used to have some decent collectibles, and they always had this side stuff to sell, just now, it's more needed just to stay afloat.
Wow thanks for the info. Good insight.
excited for this one !! :D
People should support GameStop's road to redemption, because stores like this are helping keep physical game sales alive and thriving. Yes, they have made some terrible decisions before, but they have a chance to turn it around and correct the wrongs.
Okay forget about the "wrongs" for a minute that's a different debate. But just for a second think. If a community backs a company in a situation like that, Do you genuinely think said company is going to see that as any way other than "the community must be happy with how we conduct business if they're standing with us so strongly?!" Realistically there's no way that message can be seen as we stand with you but changes need to be made.
I think that's why they are selling. They know people are frustrated. Nothing new. Whoever buys them im sure will conduct differently. Kinda obvious
They might not be around anymore. Whoever buys them might sell chocolate frogs for all we know.
I'm fairly certain they sold Harry Potter branded chocolate frogs already at one stage
Lol nothing wrong with chocolate covered frogs you muggle.
Generally a company doing good by the customer, offering them what they want at a fair price, and having a good business model to manage to remain profitable, is enough to keep customers happy. While I understand the reason people may never visit a place again, sometimes you can be quite surprised how nice it can be after a bad experience if enough time has passed. The company isn't going to be looking at if people are forgiving them, they're going to be looking at if their current business models are actually making them money. If the good things make them money, they'll keep doing them. If not, they'll find a way to bastardize it into something the consumers don't like. For reference, see EA's take on pretty much everything.
I just don't care to help them honestly. But I have faith that the market will take care of itself in the end. I'd be happy with buying physical through online marketplaces, big box stores, and a resurgence in local mom and pop game stores over the Gamestop model. I think that'll be the way things are for another decade at least.
I think its actually moving toward bigger corporations owning everything. Last time i saw a mom and pop movie rental i felt like i had walked into the past. It was a weired sensation. Nowadays mom and pop simply cant compete with these big corporations. If gamestop cant compete with the amazons, mom and pops dont stand a chance.
agreed, more options is always better for the consumer. Sure gamestop isn't perfect, but most stores only rise to the level of their individual management.
Mainstream game stores are keeping physical game sales alive? They're like 65% pop figures and other merch.
I support what’s best for me and my wallet. GameStop is one of the last places I go for any thing.
I support the current GameStop and their road to redemption.
I do not.
After buying games from Bestbuy since 2014 dropped into a Gamestop yesterday and can't believe how littered the store was with plain old junk collectibles etc, and not very much games. It's the beginning of the end for GS.
You dont like collectibles for games you buy? I think they need more of that if you ask me. Where else can you get resident evil 2 and a rcpd shirt in one store?
I like collectables, just actual quality goods. Not cheap pop figures, but actual figures. Collectors editions of videogames, soundtracks, and on rare occasion the well made plushie. The merch you get from stores like Gamestop feel like you're sitting through a bargain bin.
I have to agree, looking gear with my favorite IP on it is enjoyable. I do believe they have to downsize store and make locations bigger tho
Not In a douchey way but, maybe try a different gamestop? Could be wrong, but where I'm from, (san diego ca) they got some dope figurines along with board games and what seems to me like quality stuff. Not saying they dont have POPs, but of course they do cause lots of people do love them. Mayne give other stores a chance
Hey they had a pretty dope Shadow of the Colossus figure for $250 but come on. Rather buy games which they hardly had any of, since the whole store was full op pop heads. I think on one hand I can coun't how many thing I bought. 2 Last of us pins, one The last Guardian shirt. And I've been gaming way before there was even a GameStop, or Electronic's Boutique. Usually when a shop starts selling stuff like this the curtain call is right around the corner.
I do not like collectibles, they get broken, lost or discarded too often. But for those of you that do maintain them and enjoy them properly, I totally get the intrigue, which is why I occasionally buy one, break it and remember why I can't have nice things
Okay dude what rare game did they not have for you to buy? Really? You are just trolling now, I mean thats okay, but I wish I would have known what I was getting myself into. I thought this was a legitimate argument, obvioulse I was wrong
That's weird. Every GameStop I go to, which are plentiful where I work, or on my commute, have the same amount of shelf space for games as they always have. 3-5 racking sections against any given wall for various systems, typically PS3, PS4, 360, X1, with Nintendo systems that are relevant at the time(usually with the DS right now) combined taking up 3-4 shelving sections. Vita games still occupy their own standout shelf. They still have their bargain bins for 5/10/whatever used games. Consoles, controllers, accessories, or special editions still take up space behind the counter and along the perimeter of the wall below the ceiling, strategy guides still take up one side of a shelving unit, etc. About the only difference is they've added in more shelving for those collectible things, and the front of their counter has shelves now displaying a lot of those impulse buy collectibles. In that way, those extra shelves do clutter up the store, and can make it feel more packed and harder to move around in if there are a lot of customers at the time, but not a single GS I've been to in the past 4 years has had a decrease in the game display areas. Those junk collectibles are what's helping them survive. If it weren't for them, they'd have gone out of business a while ago. They weren't viable with new games, and modest add ons/accesories because mark up wasn't enough, or they couldn't compete with online retailers who would undercut them.....something that's hard to do with a brick and mortar store where rents are usually high. The cell phone and table venture didn't do anything for them, and was ill conceived on many levels. About the only benefit was you could sell them your tablet. The collectibles have high profit margins, and apparently sell, because they're making money on them. Love or hate GS, the game publisher has pretty much made it so brick and mortar stores can't survive with what they offer. The only way its viable to sell them is to offer up other products, or be a department store where your existence isn't live or die by those products....like Wal-Mart, Best Buy, or Amazon.
Hum I live, in Boston MA USA, and the one I go to is a major one, located on a major shopping highway route. (Route1) and that location is just brimming with collectables. Ya I know the markup on that junk is like 60%, but I feel if they loose their main focus it's just a matter of time. It's hard to match Bestbuy when every 59.99 game right of the bat is $47.99 or even ($37.99 if a big release like Anthem with a $10.00 gift card back) True this program is going away but I got like 2 more years of it grandfathered in... hopefully)
Microsoft is going to buy Gamestop to push their Gamepass maketing and possibly acquire their publishing department Gametrust.
It's over people physical games are dead, long live digital no more going to the stores.
haha f*** that!! we still have Play and Trade on long island and i dont see it going anywhere anytime soon. plus a ton of family owed gamestores and random fleamarket vendors that all sell retro stuff too. physical aint going anywhere.
So says the sheep.
You must like the idea of not being able to trade and resell games then...have fun with your cramped up hdd's and i hope you have a strong and stable wifi connection
And the most retarded comment of the day goes to you sir. Congrats on the accomplishment.
I always find it funny when people truly believe this
I like going to the stores. And there are other places to buy digital besides GameStop. Like wal-Mart, who's the 3rd largest video game retailer in the world, right behind Amazon, whose the 2nd, whose right behind GameStop, who's the first. Best Buy comes in 5th in the US. Not sure who's 4th. Why do you think Gamestop would be closing down though? Selling to another company tends to imply that other company wants to keep them in business. Otherwise, why bother? GS isn't really a sound investment if you just want to shut it down. Oh, and there is still the fact that around 70-75% of all new game sales are still physical...but sure....believe that physical is dead, because I guess it benefits you somehow, and you don't like choices, even if having the choice doesn't affect you in any way.
My PS4 pro has 4TB hdd my net is 255mb, physical copys are for the poor. Digital for the real hardcore gamer. Fells good living in the digital age.
How nice for you I guess. Your personal preference isn't reflected by the overall market though. And I have more games in my physical collection, than your 4TB hard drive can hold. So, no, being digital, doesn't make you a real hardcore gamer. Just means you prefer buying digital games. Same as the mobile players. Or the majority of PC gamers who ironically, aren't statistically hardcore(See side note below) Side note: That last sentence isn't saying that there aren't plenty of hardcore gamers on PC. In fact, there are just as many, if not more than we see on consoles. Just that there are statistically many more casual gamers. At least by common metrics which defines who's what kind of gamer. I mean no offense to the PC gamer out there.
Physical is for the hardcore, digital is for the weak and lazy part time players.
Lmfao stop being poor? You sound like a ugly virgin who can't do anything with his life besides play games maybe that's why you have such a set up >_<
You guy are all noobs in gaming digital in your not
The days of self driving cars, self check out, Drone UPS, robot cookers are almost here. Make sure all your kids go to college!!!!!!
Or a nice trade skill. People still need housing, and those cars will break down. But kids don’t want to get hands dirty anymore, sad when I ask my nephew what he wants to be when he grows up and he says “professional fortnite player” smh.
You're actually better off. Trade skill jobs pay a LOT of money these days and you get the added benefit of not being saddled with the ridiculous tuition loan debt. I have a good friend who's an experienced electrician that works for Volkswagon. Dude makes SIX figures! He never went to college a day in his life!
This. There is a serious lack of trade skills nowadays. Plumbers and Electricians can make bank, not to mention carpenters, which seem like a rare commodity nowadays. Companies are paying people to go to college to do their internship and journeyman through said company, because it's so hard to find people nowadays. Lowe's has a program where they'll pay for your school and set you up with one of their installers for your internship, because they have a severe lack of installers across the country. Definitely a good way to go, and doesn't rack up years of college debt, and you can land a job pretty easily. Other good professions are nursing and IT, because they also are under staffed. @Wisked My cousin works for some factory that makes building materials, and they're paying for him to become a certified electrician. He can pretty much work as many hours as he wants, pretty much makes his own schedule, and is probably making upwards of a hundred grand a year right now because he's working a ton of overtime. But he's trying to pay off bills so I don't think he'll do that indefinitely.
and what this means is that gamestop will officially be dead within 18 months after acquisition.
Depends on why they're being acquired. Sometimes, acquisitions are not to just continue the company as it's known. There is also little reason to buy this company to quash it as competition, as a company is just better waiting it out at this point, and they'd see no return on investment. GS does have a rather large inventory which might be worth an acquisition fee. From what I can tell, GS doesn't have enough working capital at the moment to buy new products without incurring debt, or floating the net terms they have with publishers or distributors. An acquisition could give a decent upstart a sizable amount of merchandise. But more likely scenario is that they're being brought for the name. A company wants to leverage their name to sell games, but use that as an in for some other business plan. If they manage to do something decent with it, and it doesn't come across as a head scratcher moment, then they could manage to maybe make a successful business. I feel without knowing who is buying them, or what their plans are, it's impossible to really form a conclusion. About the best that can be done is talk of the hypotheticals that may or may not come. It's a strange day, as the last big gaming store may end up not being what many of us grew up with....even before GS was around, and other stores like the old EB Games, or Babbages, or even successful indie stores which gave those stores a run for their money, were the norm for the gamer, and the only department store which sold games was some Sears stores or Toys R' Us.
Noooo, I really do like going to gamestop
They did this to themselves. Filling stores full of overpriced junk. Giving crap money for trade ins and charging damn near new prices for pre owned games and systems. Trying to push a subscription service to customers. Remember them trying to sell you used phones and tablets? They put up a store every 3 blocks.
I dont k omw where you love sir but not gamestop's on every three blocks. It's not as if games are more expensive there, it's your choice to buy their"junk" as you call it. I personally think it's pretty cool that there's a store you could buy a game, game related shirt and action figure in one place. Just saying dude, it will be a sad day if gamestop ever closes.
GameStop is already closed imo. I used to go there all the time and had been since EB games days. Only reason I’m glad they stick around is to keep physical distribution alive.
I dunno. GameStop started selling used games because the profit margin for new games is only around 25-30%. That's pretty small for a retail brick and mortar store. The overpriced junk for the same reasons as above, because it has a higher profit margin. Every company puts it's higher margin items front and center. As far as filling their stores with it, every GS I go in maybe has 2-3 sections with that. The gaming sections certainly take up most of the room. The front counter will have the "junk", because it's impulse buys. How dare they. I don't like a lot of GS policies, but if they didn't do all those things, they would have been driven out of business a long time ago. The used games are where they're making money, so criticize them for it, but you didn't have to buy the games, and if you didn't, I don't see why you'd have any reason to complain, and if you did, that's on you for spending that much. But, sure, blame GS. I remember them trying to sell used phones and tablets. So what? I brought a new tablet from them, and still use it to this day. It's not like it cut into their game sales. OMG, they try to push a sub service onto customers. The humanity. Just say no if you don't want it. I think most of the people that complain about their upsell really take things too personally. If you don't want it, you're the customer. If the clerk gets pissy about it, then that's the clerks fault, but I don't know any business that doesn't try to upsell whatever products it may have. Personally, I actually get my money back from the $15 they charge for it, so I don't mind. Once you have it, they don't keep asking you to buy it. Sorry, but the people that complain about gamestop seem more like whiney children than actual responsible consumers. GS doesn't owe anyone anything, but people think they should just survive on the pittance that publishers allow them to make off games. GS is one of the largest game retailers in the world, and they still make less than 30% off a new sale. That's a horrible margin for a brick and mortar store. And every three blocks? Maybe in some very big cities with high density. Maybe we should say Dominos sucks because they'll do the same thing in place like New York city?