RIP GameStop

You know, at one time there must've been dozens of companies makin' buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company? You invested in a business and this business is dead. Let's have the intelligence, let's have the decency to sign the death certificate, collect the insurance, and invest in something with a future.

Well now you young guys can feel the way we,oldtimers, felt when the writing was on the wall for blockbuster

Their sales fell, but they still did 1.5 billion in business in 14 countries 1Q 2019. I think they’ll still remain solvent, they’ll just have to keep adjusting their business model to hit different markets.

The article did a good job of highlighting why their sales are down as people are waiting for the next generation of consoles.

As long as they can make it to the next generation of consoles, they’ll make it at least a few more years.

The last bastion of my adolescense is going the way of the dodo.

As someone who lives in a relatively small town that has a Gamestop, could they not just close some of their stores? There's no reason for virtually every town with 20,000 citizens to have at least one Gamestop (some towns have multiple stores).

It probably is just delaying the inevitable. I don't want Gamestop to turn into a "hobby store." The cluttered ThinkGeek merchandise is part of the reason people hate Gamestop. I go to Gamestop to buy games not keychains and coffee mugs.

What they could do is start selling retro games in stores again. You used to be able to buy NES and SNES games at Gamestop. They already take trade ins for old games, so I see no reason why they can't sell them in store.

So they've suspended dividends... I'm curious to see if they actually have a plan to create some growth with the retained earnings or if they're just piling up cash for the impending emergency.

Still screwed them over to get a free upgrade from a PS4 to a PS4 Pro

Felt nice after getting hosed on trade-ins throughout my youth

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I don't want Gamestop to turn into a "hobby store."

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I go to Gamestop to buy games not keychains and coffee mugs.

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Obviously you've never been into a gaming hobby store

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Obviously you've never been into a gaming hobby store

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I remember going to the hobby store off Terry Parkway on da Westbank when I was a little kid to get Pokemon and MTG card packs. Was the greatest timeline.

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Why would you think Gamestop would survive as a place to buy Magic the Gathering cards and D&D rulebooks?

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People travel from all over to play TCGs and tabletop games at the BR and NOLA shops. They wouldn't be a place where you actually play the games like those local shops, but it would be a place to buy from. Get someone in to buy a prerelease game, try and sell them onto other products

They could easily expand their sales by moving into those sectors since most local game shops dont carry large selections. They have already moved much more into Pokemon TCG, may as well expand into the others.