The report also notes GameStop executives projecting growth over the next three years with $500 million in sales projected for 2011, and that the firm expects to pull “a meaningful share from market leader Steam” with the recent re-launch of its Impulse service it acquired back in March. [ Stephany Nunneley]
A gamer tried to sell his PS4 Pro to GameStop USA and found out that he would actually have to pay the store.
Well there’s no stop like GameStop I’m surprised they didn’t go deeper into the hole with their USED cables and controllers prices.
Edit:
For those that don’t know if you go to trade a console you need it to be ready to go with all the controllers and cables if you don’t have them they ask you to buy them and deduct the price from the monetary appraised for the console
That makes perfect sense really, why would you be selling your console without all the things it came with and needs to actually be used.
Not always I've seen plenty of refurbished units go cheap because people have picked them up broken then repaired and onsold with no controller or cable. When they are this old many people just want to replace the main unit
In the UK, eBay has removed selling fees, letting you list and sell any item for free.
I love gamestop. I still shop there. I prefer buying a game from a game store than a department store.
I preferred goin to Circuit City but that died out. Years back I'd go to Best Buy cause of Gamer Club, now Best Buy barely sells games and doesn't sell Blu-rays and looks dead most of the time. Same with GameStop, these stores look like a barren wasteland of Funko Pops and anime figures. These retail stores don't seem to care about pulling in customers. Those figurines are neat, I collect them too but they ain't pulling me into a GS. Rather than attracting gamers they've pay walled everything behind a subscription. As if they weren't already cheapskates back then with their trade ins.
I still go in there and browse, but never buy anything, the video game section is getting smaller and smaller, even the PS5/Series X/Switch game selection is getting tiny.
I miss Best Buy's Gamer Club, I used to get pre-orders for like 20% off often with other discounts then get points I could trade into discount rebates. It was so good, getting day 1 games for like $30.
When they shut that down I stopped buying games day 1 almost completely.
I stopped going to GameStop when they no longer let me use my monthly $5 rewards points towards PS network cards.
Weird I live in Canada and the Gamestop near me says you need the console, controller, controller cord, and an HDMI cord before they will take a console on trade. And if the console shows signs of being opened they still won't take the machine. And if you upgrade the PS4 HDD from 500 gig to a 1TB they will count that machine as modified and label it as a 500 gig model. Better to just sell it on Facebook Marketplace.
I also live in Canada. I had a similar experience trading in an Xbox One S. Gamestop would give me a pittance for it, so I sold it on Marketplace for almost as much as the original selling price.
GameStop has announced plans to shut down stores across the country after closing 300 locations just last year.
The popular gaming retailer says net sales have fallen 20 percent, now sitting at $860 million - a drastic change from its $1.08 billion in 2023.
Also giving you about $5.00 off for buying a used game is just bullshit. For example: https://www.gamestop.com/vi... New is $59.99, if your going to sell it for a used price it needs to be at least $10-$20 less. I hope GameStop just goes away.
Same nonsense they were doing 20 years ago. 🙄
Time to take old yeller out behind the shed...
One of the reasons I went digital. I used to trade games in back in the day when money was tighter. Trading a game in for 10-15$ isn’t worth the trouble. Especially when they turn around and sell it for almost full price.
Not surprising, but sad. WooT is killing it with their game discounts...on new games.
This is just market forces adjusting for GameStop’s long-time practices of nickel and diming the consumer. I feel bad for the workers though. It’s not good that they have to lose their jobs over this.
Not too surprising. Lots of people buying digital.
And GameStops trade in and resale pricing strategy is awful for customers. I will miss them when they are gone though.
Most I will miss being able to trade in a console, get a couple hundred towards the new model like PS5 to PS5 Pro.
I’ll miss the midnight launch parties. Standing in line with strangers sharing our excitement about a video game. Digital took that from us. I wish younger audiences could experience how joyful it was
I often think about times like that and how good we had it, before social media and smart phones gave way to a generation that expects instant gratification.
GameStop is one of the last remaining relics from a bygone era where stores like Blockbuster, Game Crazy, Hollywood Video, and many others were found on every corner. If you…
So by 2014 Steam will be $4 Billion?
Steam may miss out on BF3 but Valve's line up can easily make up for a few titles that other publishers keep off of Steam.
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I guess game stop didn't hear that Blu-ray is the future. I heard through the grapevine Sony has another disc with even more space...O_o
Seriously...just more confirmation that DD is slowly but surely taking over. Blockbuster under bankruptcy protection and HMV selling their stores for peanuts are other, some what disturbing signs that the end is near for physical media.
It's not what I want but the industry has decided it's in our best interest. I was at EB the other day, they don't even have any of the older games anymore. I ask the guy why and he was like, it's discontinued...O_o...I didn't know they discontinued USED games...they are trying to bury the games folks...buy them on line instead, they are there forever...need a play pass, we sell them for $9.99...0_o...you want to bet that games that need a play pass will be stocked forever. :/
This article tells me that EB/gamestop is working with the industry to get rid of the older games and force everyone to adopt the new standard.
I suspect that we will be able to buy a PIRATED 250-500 gb hard drive with all these games downloaded on them very soon and then they will realize, much like the music industry, that the old way was better. How about all the games from 2005 till 2011 on one hard drive for $150...it's coming and they have no one to blame but them selves...see how convenient and easy it is to swap HD's...lol
People will buy COD to keep the kids happy on line and on the second console, run all the pirated stuff. Well done guys, greed killed the goose that lays the golden egg.
Who even uses gamestop's online download crap. I'd much rather support ea, and steam then this monopoly of a gaming retailer. Gamestop is too greedy to even give good deals on game from the blue. All they can do is copy their competitor's deals. Amazon, Best Buy, and Kmart always have the best deals when it comes to gaming. At black friday best buy and amazon have great bundles while gamestop bundles crap and just uses bf to get rid of their crap stock. Gamestop will definitely lose in the digital dept ;)
I find it ironic that gamestop, a company solely dedicated to the sale of video games, is fiercely hated by the core gaming community and is thought of as a cancer of the gaming industry.
I wonder how many quality games developer could have made with this kind of revenue but we will never know cause when selling used or buying used the developers dont see a dime.