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Will this virus be the final nail in the coffin for GameStop?

Posted on 3/23/20 at 7:28 pm
Posted by BuckeyeFan87
Columbus
Member since Dec 2007
25240 posts
Posted on 3/23/20 at 7:28 pm
I don’t know too much about their financials, but I do read a lot about them struggling these days. With gaming moving towards digital already, will Coronavirus and it’s looming shutdowns be the end of Gamestop?
This post was edited on 3/23/20 at 7:29 pm
Posted by geauxtigers87
Louisiana
Member since Mar 2011
25253 posts
Posted on 3/23/20 at 7:38 pm to
yeah why do you think they fought so hard to stay open
Posted by Stuckinthe90s
Dallas, TX
Member since Apr 2013
2578 posts
Posted on 3/23/20 at 9:23 pm to
It's a shame, gamestop should have gone out because of sheer incompetence, not with an excuse like this.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78112 posts
Posted on 3/23/20 at 11:05 pm to
GameStop is obsolete
Posted by Chimlim
Baton Rouge, LA
Member since Jul 2005
17716 posts
Posted on 3/24/20 at 8:12 am to
The virus will increase demand for digital titles.

Digital titles will be the death of Gamestop.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30651 posts
Posted on 3/25/20 at 4:53 am to
GameStop is heavily owned by insiders and institutional investors. They’re gonna try to turn it around or get a buyout from another company
Posted by Jackie Chan
Japan?
Member since Sep 2012
4686 posts
Posted on 3/25/20 at 5:54 am to
Mom and pops shops are all that's needed for video game stores.

Using the greater BR area as an example, you need 2 to 3 independent game stores that can cater to the physical copy people, retro market and accessories. Even that number may be too big
Posted by ThuperThumpin
Member since Dec 2013
7411 posts
Posted on 3/25/20 at 8:50 am to
If they would give me some incentive to buy physical media I would be glad to give them some business. I mostly bought physical media until around 2018 because of the price and because I could trade in games. That and I had more time so I played through more games rather quickly. Now every time I check pricing on a digital store its cheaper..often a lot cheaper than what Gamestop is offering used and they give so little for trade ins on games that older than 6 months.
Posted by LB84
Member since May 2016
3382 posts
Posted on 3/25/20 at 9:28 am to
Only reason they might hang on is the new systems coming out at the end of the year. They'll fold by the end of 2021.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50977 posts
Posted on 3/25/20 at 9:56 pm to
I went to GameStop and made a purchase specifically because they were refusing to close.
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