GameStop stock plunges as sales fall short of estimates and its dividend is eliminated

It won't be long, now.
cnbc.com/2019/06/04/gamestop-stock-falls-as-sales-fall-short-and-dividend-eliminated.html

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who hasn't sold their stock yet? it's a store that relies mostly on physical copies of video games.

buy on the dip

you should have never had the stock to begin with

i mean, it was a great investment at a time.

BUY THE DIP

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Great time to accumulate, buy the dip and HODL

-Friendly advice from your friend, /biz/

I would recommend it...if they didn't have Think Geek anchoring them down. They claimed the brand helped them expand and defeat Spencer's, but really, who the hell still goes to malls? Not to mention some of the online prices for shirts could supply homeless shelters for cheap. You might see a bum asking for change, while wearing a Mass Effect Andromeda shirt.

Millennials killing another business I see. Just like they killed Applebee's and traditional marriage. BAKA, this country is fucked (in the ass, by a transexual pedophile)
>I will punish the 30 year old boomers by lowering their wages, raising loan interest rates, and cutting healthcare benefits
>That'll show those dirty hypersexual degenerates for not saving the ridiculously good deal that is 2 for 25 at your local hometown Applebee's

boomer locusts killed locally owned shops. fuck their chain franchises.

I can't wait until they go bankrupt and need to start liquidating. I'm gonna bring a pillowcase like it's Halloween

>Buying into a dividend elimination

This shit is going to zero

IGNORE THE NAYSAYERS

BUY HIGH SELL LOW

>FunkoStop dying
it's been a long time coming

The jokes on you. Their prices will still be shit. And most of their rarer shit like retro stuff is kept away in dusty warehouses and will be sold to a liquidation company.

...

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Agreed, the more business that go belly up, the closer we will get to the nightmarish reality of a few megacorporations controlling all consumerism, mostly though the net. I can't wait since most of you fuckers will probably become homeless and will need to suck dick to get scraps of food and pay for your HIV meds, but I am a corporate fag that will have a comfy middle management job making just enough to be above the poverty line (well above you degenerates). Believe me when I say I will boast about this every day.

Based.
Fuck video games.

I guess it's time to ask for Battletoads one last time before Gamestop goes tits up.

this is you, but with capitalism

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I disagree. I bought in, before the 360 came out, and I made so much fucking money selling it all right after the xbone announcement of "ONLINE ONLY" and the whole shitstorm that caused. Granted i'm no millionaire or anything but turning $500 into $8000 is pretty cool.

everyone knows gamestop is going out of business, don't buy.

They just need to last until the end of the month so I can get the Super Neptunia RPG copy I preordered

>it's a /biz/ thread

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>nightmarish reality of a few mega-corporations controlling all consumerism
>I am a corporate fag that will have a comfy middle management job
user, one of the endless problems with mega-mergers is that a vast majority of the workplace is put on "layoff". Your middle-management job wouldn't exist, because a senior manager would assume it.

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>pre-ordered FE Three Houses Limited Edition from Gamestop
>if they go under, then I lose my $100 worth of crap I don’t need
>they keep making retarded business decisions & shooting themselves in the foot in the face of Amazon domination & an easier-to-handle digital marketplace
At least hold out til July, then they’re allowed to go bankrupt.

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You are now the CEO of gamestop and have total control and means to do so, what do you do to revive the company?

Buy the dip unless you hate free money

Order copies of Battletoads and stock each store.

dildos kek

Transition to a steam/epic store format, but offer physical copies in lieu of online only. Refund policy gets a revamp for online, physical copies are non-refundable.
Seasonal sales are applied to both versions.

Supply and demand, user. When your supply of "new" games are opened, and have missing cases, you are advertising a real business, but have the inventory of Salvation Army.

The reason it's tanking is because we have entered a new golden age of vidya and no one is reselling their games because they are all so good you just gotta keep them!

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Turn into online only and switch mainly to selling codes and dump what money I've saved from closing all store fronts and going mainly digital to invest into getting the best possible pre-order items and pray it's enough to lure people

Get absorbed by Epic Games and become a digital/physical storefront with interchangable reward schemes

sup wallstreetbets

>It won't be long, yeah.
youtube.com/watch?v=UVKU6SevefY

>buy the dip
It's dead Jim, anyone telling you this doesn't realize that GameStop is the equivalent of Blockbuster when netflix/redbox became the norm.

And let's not forget, those mega corporations will start to invent robots to do everything people can do.

I fucking hate digital distribution.

Refurbish all retro gaming devices turned in, hold for periods of time, then sell back for gorillions

>What is satire
And no, this is not a case of "I was only pretending to be retarded!" If you can't pick up on the obvious dichotomy of calling a megacoroporate future "nightmarish" and then also claiming to being happy to be a corporate cuck, you are the retarded one.
The Reddit communist is probably actually me, since I am pretty sure I would get a cushy part job, probably even inner party. Hopefully working room 101.

Convert the stores into little gaming hubs that use loitering as a way to push merchandise.
>Have arcade cabinets that you can play for 25 cents.
>Have a little lounge area with all the current gen-consoles set up to play demos
>Start selling retro titles in stores, price match Buy-It-Nows on ebay.
>Hosts tournaments and events throughout the years for certain games
>Do something with the Pro Membership to make it more worthwile

That's the thing, user-kun.

There's no turning this around. GameStop is a massive company with too many locations, essentially monopolizing their market. And it's a market that doesn't make any fucking money in 2019.

The reason all those private equity firms didn't bite was because THERE IS NO TURNING THIS AROUND, NO MATTER WHAT GAMESTOP DOES.

Even if physical games remain popular, do you buy them from GameStop anymore? Because I fucking don't. I just buy them from Walmart's website with the free two-day shipping.

GameStop is so notorious for shit service, the stores are all full of retarded funkopop bullshit, every transaction takes forever because they want your Power Up Reward Card number, they want to talk you into buying a protection plan, they want to talk you into preordering some shitty games you've never heard of, etc.... it's just fucking obnoxious and I'd rather have it shipped to me

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>Turn into online only
This is where lawsuits come into play. In a lot of states, a majority of those "GameStop" stores are actually licensed independent stores. They neither 100% honor GameStop, nor do they have any way of turning around their business in case they do get cock-blocked.

The first sign is going to be Babbages either going independent, or being sold off again.

take the horde of retro games that you can buy on gamestop.com and run aggressive advertising campaigns further pushing the boomer meme and convincing kids now a days that they just gotta buy a PS1 or PS2 and play classics of yesteryear because they are better than the B.S. you can get on the phone or Epic store because we have a warehouse with 50,000 copies of Vice City we gotta get rid of. Also rebrand the company to GameSoul or KinoStop or KinoSoul.
this would probably fail idk why are you asking me i'm not a business guy

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I'm not sure how you can pull that off. Many of their stores are really small.

Went into my Gamestop last week because I got an e-mail about 20% off a pre-owned game for my birthday and figured what the hell, it'd be fun to see if they had a few games I wanted, employee was fucking with the decorations above the registers, standing on a chair and she looked genuinely shocked to see a customer.

I left with Ninja Gaiden 2 and Dragon Quest Heroes 2 and spent about 15 bucks total, will probably be the last time I go there.

...Feels weird honestly.

FUCKING GAMESTOP!

Maybe if they fucking sold games for older generations I'd go there more

god fuck this. they shadily sold me a used game as new. asked for a copy of the game, they slipped a used one in the bag without telling me, and i thought i was paying for new because they charged FULL FUCKING MSRP

Gamestops are surprisingly prolific, I'd close a lot of stores, particularly the smaller ones and move them to large venues that are fewer in between.
Another thing I just thought of is bringing back renting games. I'd include a little challenge where if you beat the game in 3 days there's no fee.

Buy high, sell low

own up to being a vidya pawn shop, because the existence of a gamestop in any area probably killed every other mom & pop shop that used to be like that
make it a place people can hang out for like 10-15 minutes

>Acting like retro titles will get anyone into the stores let alone arcade machines.
You have a good idea with modern day consoles with demos but arcade machines and retro titles would never work. Gamestop would basically be taking a loss with their purchases, they would be unreasonably expensive in general, and let's be honest, what person in the modern day is going to a retail store for retro games without the expectation of getting ripped off? The two stores near me that dabbled in retro games shut down because they tried pricing them at $30-40 and just had huge stocks of games they could never sell, all thrift stores price match eBay already because people were using them as ways to make a bunch of money due to people not knowing the price of what they had on their hands, and there just wouldn't be enough demand for such a thing. At best you'd have them carrying things like NES Zelda or SNES Final Fantasy games for $60.

Highly exploitable, people would just post save files online so you can can circumvent rental fees

I know this is just a meme, but please don't do this. This is the same tard logic that got all those morons into crypto trading like six months ago.

All those morons who committed suicide when they lost their life savings, which they had invested in dogecoin and siacoin.

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>make it a place people can hang out for like 10-15 minutes
Most retro stores that are still around actually allow people to hang out for hours and hours. Much like traditional game stores, they have people there who are playing games or whatever. honestly that's the kind of environment you have to encourage if you want people to spread the word about your mom & pop game store. Rent out a room in the back so people can have the smelee gatherings on friday nights.

My point with the arcade machines is to just keep people in the store as long as possible. My theory was the longer the customer is in the store, the higher the chance you have of making a sale. The machines and the lounge are to encourage potential customers to loiter, I want people to hang out Gamestop so that my associates can try to sell them games.
Good point about the retro games though. I have one near me that does pretty good business though, prices are fair.

God damn fucking digital age

nah

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it kills me, they'd be the perfect place to be setting up actual gaming spaces instead of these barcades where people aren't really there to play games, and you'd expect them to be sellers of pretty niche vidya stuff like N64 games and such but instead they're just selling the same shit that Best Buy or Walmart are selling but for worse value

The problem is that the majority of people playing your arcade games would be more on the older side than the average person who comes in so keeping the average Joe who comes in with the arcade games probably wouldn't work, and you'd need not only multiple stations set up but they'd probably drown out the sound of the more modern consoles people are playing.

I understand what you're getting at but in the case of retro games and arcade games I don't see them being able to do it, particularly with their space allocations usually, especially in malls. Arcades are better left to specialty arcade stores or amusement parks.

>/biz/ in charge of investment
youtube.com/watch?v=utCaHjSlED0

Rename the company FuckingGamestop™
The media coverage would draw public attention and the negative press from uptight boomers and helicopter moms would make all the edgy teens flock to our stores in droves

She realized that there was no chance for her to make the monthly quota, if there were no customers for that month.

That eternal GameStop scam of employees using their wages to purchase games, to keep their numbers up, only for GameStop to become angry with they can't increase their numbers (shit pay isn't enough).

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I don't. I immediately liquidate all of the assets and fire all of the employees. Then I go enjoy my retirement.

I can't wait until they liquidate so I can buy video games for cheap

Gamestop seems to be shifting what they have on the floor again. Went to 4 different locations today (was looking for ps4 Yakuza games) and I notice immediately how the shelves are stuffed with a huge shitload of replacement case used copies for all their current systems, and surprisingly downsized the merch sections when those used to be 70% of the floor. Either they're gearing up for summer sales or they're trying to grasp as much cash as possible without just tossing it all out like they usually do.

Sell everything and I mean everything to Amazon so they can convert them into Amazon game hubs.

>tfw you miss the news and you show up late for the remaining scraps of Madden 2009, some horse riding game for girls on the DS (without the case), and Disney Infinity Marvel game on the Wii U

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I used to hate buying a used game from Gamestop, only to get either a generic plain box or just no box at all. Fucking unacceptable from a store that sells video games.

>sir you can't sell your employees they aren't slav-
>I MEAN EVERYTHING

I want to smell Hotaru's armpits.

They are a bunch of greedy cunts. Some stupid little kid that brings in a scratched up copy of some shit game covered in yogurt and they'll buy it off them in hopes of reselling it to some other retarded kid. If there was actually any standards video game case preservation culture in the U.S. may have improved but nope it doesn't fucking matter just place the discs face down on the pavement and let the cat piss all over them it doesn't matter gamestop will still take them!!

this. but wholly unironically.
but also if you did have to sell them Craiglist, Kijiji, Lets Go and Ebay make EBgames look stupid.

I'm sure they'll prefer working for Papa Bezos rather than fucking gamestop

Time to buy.

>they have eliminated dividends
>which means its purely an investment vehicle
>which means you have to have faith in the long term viability of gamestop

sunk cost fallacy or investors ignoring their portfolio is there only hope. maybe game informer ad revenue?

>Some stupid little kid that brings in a scratched up copy of some shit game covered in yogurt and they'll buy it off them
Walmart's online games are GameStop levels of shady. About half a year ago, Walmart was selling cheap copies of an Adventure Time game. I bought it, only to notice the case was already opened, the inner circle of the disk was cracked, and the top portion felt sticky, like it had jelly on it. Walmart's response? Drive all the way to the next store, walk in, and return it, with only the amount I paid out as compensation.

when do you think they will? I want to cash in on cheap used vidya.

>2021
>Sony PS5 reveal
>we will be online only
>crowd reacts angrily
>oh what the fuck are you gonna do, go to gamestop? fuckin losers...
>snoyboys hang their heads and take out their phones

in fairness. people who plan on selling their games for pennies dont generally take care of them. People who take care of them don't sell the m and those that do sell them privately because of price reflects condition all the best condition copies will be sold that way. leaving only the shittiest quality for Gamestops standard pricing.

>PS5 reveal
>you must always be connected to the internet
>BOOOOO
>"Do you guys not have internet?"

someone will stupidly buy them when they are worthless. I predict it will be Barnes and Noble, another dying company with a similar way to get profits only through books.

for how shitty gamestop is and how dead its business model is, they are sitting on piles of money. i wonder if they would offer gaben a billion.

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Liquidate, sell the brand to hot topic or walmart, depending on which part of the business (toys or games) actually ends up being more profitable.

>boo
why would you boo? digital only allows cheaper prices and a much better system for loading large textures. optical disks have incredibly slow read speeds, and limited capacity. it bottlenecks game development.

Question, how do you even get into stocks? This shit is so confusing to me. Is there a website where I can throw money at companies or something?

how did gamestop stock dip if the markets are closed? can someone explain how the ticker still functions?

/biz/ memes are the best.
youtube.com/watch?v=KV5QlSgq7lg

>I can't wait until they liquidate so I can buy video games for cheap
all their games will be sold back to 3rd party wholesalers before you see a single deal

robinhood.

you can download an app called robinhood and that's pretty much it desu

They make zero money off of new sales, you know that right? literally 100% of their non-merch profit is from used games and flipping the same merch. Refunds and tradeins are imperative.

Just find some Jewish friends, that's what I did

>This is the same tard logic that got all those morons into crypto trading like six months ago.
But Bitcoin doubled within 6 months.

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there's no way there's sitting on that much money without being a sub-company.

you should read alot before you do it, like bogel's on mutual funds

Oh great, I'm expecting another reason to go to /biz/ after the bubble pops

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Their desperation sales are pretty good. They have a board game sale going on right now.
>Dinosaur Island, Dice Forge, and Crystal Clans for 25 bucks total

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RRRRRRRRRRRR, SHE'S GOING DOWN BOYS! SHE'S OURS FOR THE TAKING!

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my company has stocks and 401K, so everyone gets a Fidelity brokerage account so it's managed in one place. My long-term incentive gets paid out there too.
Instead of putting my long-term incentive and shit back into my bank account, I can use Fidelity to buy stocks with it. I play with like, less than 500 dollaridoos.
Don't read into the market too hard, it's basically just gambling but under a different premise.

nice try mr ceo

gamestop is going the way of the shack

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investopedia.com/articles/people/083016/who-are-top-5-bitcoin-millionaires.asp
The thing that always got me was how there was a daily limit on the amount you could sell per week. There was no chance I was going to dump money into it, if it meant losing 95% of it.

>gamestop stock never recovered from last year's selloff
>activision blizzard's stock never recovered from last year's selloff
>gamestop will die in your lifetime
>activision blizzard will die in your lifetime
feels good man

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>Used to go to gamestop to buy my physical copies or when I pre-ordered games
>one day I go up there and they offered a kid $30 for his perfectly working ps3 that had 2 controllers
>being the retard I was I didn't have cash on me
>someone else offered the kid 40 and the employee told them to go outside if they're going to do business

At least the gamestop employee was really trying to dissuade the kid cause he was about to get ultra ripped off and the kids retarded grandma kept saying 'it's his it's his let him decide'

Gamestop went balls deep into funkopop, including investing a tidy sum into the business itself and dedicating LOADS of shelf space to it, and when the fag ended (or dampened anyway) they lost basically all the money they kept putting back in.
actiblizz has just been choking hard, everything they do is pissing off their fans, they can't seem to figure out anything. classic is basically going to be the litmus test for actiblizz' future.

If you don't think Call of Duty Modern Warfare 2019 will sell gangbusters you're nuts. Even Digital Fondry is swooning. youtube.com/watch?v=U-ku28RArRo

It's going to recover the absolute failure that blops 4 was. It's not going to make up for the hundreds of millions of dollars spend on advertising it. In fact, if the plans they've shared are true (No map packs, only lootboxes for cosmetics) then it's going to make very very little money in comparison.

Former employee here, I hope they fucking rot. Glad to see it.

You could get some cheap expensive games at gamestop sometimes.

>Game sells for $100 on ebay
>Still sells for $30 on gamestop, they dont hike up their prices during fads like when Nier Ps3 went into high demand after Automata came out.
>Order like 3 and sell the other 2 off on ebay for a healthy profit.

If you need controllers for older systems they sell them in great condition. I've tried buying from flea markets and ebay and its always crap quality or overpriced

Strip it down and sell it to the chinks

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>used PS4 copy of Ys VIII is selling over MSRP on ebay
>Gamestop about 100 miles away is selling a new copy under MSRP
it's fucking tempting but with ebay fees and cost of gasoline it's probably a minimal profit to resell it on ebay

I want to order some games online but there's no guarantee it'll get me the case&manual and there's no way in fuck i'd pay their price when I can get it $20 cheaper digitally. But if I could guarantee the manual and case, even for another $10 I'd do it. Huge opportunities missed on that front.

Maybe they should have games to sell.

It's almost like companies have a obligation to their customers, neither company seems to understand that.

Stfu Ill be a shadowrunner while you are sucking dicks for virtual reality drugs

>dividend is eliminated
There's no saving it at this point. We watch it die.

Why do people get happy to see companies have trouble?

It's not like Gamestop failing is going to make good game stores suddenly appear. You're just going to have less stores period. There is no secret pie of "companies allowed to exist" that Gamestop is taking, and if they went away there would be more for everyone. That's now how economics work.

Like, you do realize if Blizzard suddenly went away, you wouldn't get more games you like, you would just get fewer games to choose from, period.

>They do it for no dividends
Ahahahaha
Only 35% of shelf space is videogames now

Cancel your preorder, get your money back and then preorder online.

With Gamestop out of the way, the road is paved for fully-digital consoles next generation.

you're right on gamestop failing (sort of, it means more mom 'n' pop resellers would exist which is to the benefit of everyone, even if prices are higher, usually they're filled with more knowledgable staff, have events that make the store a hotspot to socialize, and they have different selections of games)

Blizzard failing, however, would 100% be a good thing. Why? Because it would prove that their models are no longer viable, and the trend of literally every MMO copying WoW would end.

If people didn't learn from hundreds of other MMOs like WOW failing, why would one more teach anything?

If anything, it would just tell people "Make a game like WoW and you can milk it for 15 years before it fails!

someone should buy the company up and relaunch it as a chain of pot dispensaries to complete the humiliation

i cant remember the last time i bought a video game from a store, so a video game store dying is funny to me because i thought they died a long time ago

I've hated them for years.
>you want a subscription to 10inchGaming Magazine
No.
>You wanna join our membership program
No.
>Would you like to pre-order the latest CoD?
No
>Would you like to-

>tfw one of my good friends is a general manager for my local Gamestop

I'm worried about his career, he's a nice guy who's genuinely knowledgeable and passionate about videogames

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Hold gaming tournaments?

>why would one more teach anything
because it wouldn't be "one more" it would be the one that started it all. And when it fails the whole "too big to fail" argument falls apart and proves that it's not viable anymore, so starting up a new game like it wouldn't work. We still see new WoW clones because "wow is still going, it must be because of the game model!"

No one ever says "well it's gone well for this long, there must still be more marketshare" and they sure as shit wouldn't say "Well this game shut down, so obviously all the people still playing want another game like it!"

They used to do that, they can't anymore, too many legal complications and parents suing the company because their sweet little racist-epithet-shouting angels were being paired up against neckbears who shit on them mercilessly. My local gamestop held a tournament for a copy of SF4 when it first came out, they put an 11 year old up against a 40 year old man, the 40 year old man double perfected the kid and made him cry, then the manager got yelled at for so long, with the mom being so fucking angry, that she called local news stations and framed it as the manager setting the kid up to fail and allowing adults to "beat children" the literal news station words. Not putting it in that it was in a fucking video game.

>play [game]
>"press any button to continue"
>engage ejector switch in my gaming chair
>crash headfirst through the monitor and crack my skull
Fucking gamestop.

me

JUST

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Are there actually people besides shareholders and employees who are sad that Gamestop is going away? They've always been the absolute worst fucking place to buy video games, and I'm including flea markets and Craigslist in that statement.

Boomer here.
They did that with Brawl and Halo 3, shit was cash.

I worked at Gamestop when Brawl came out, and everyone was required to work the midnight launch. I faked hospitalization because there was little I wanted less that day than being there for that bullshit.

>Investing in a corporation that operates using scams and constantly marks down their stock of used games, along with ne...used games.

They're really not. All the other places folded for some reason, so my options are walmart, target, gamestop. Walmart and target both got rid of their used game sections with recent revamps, so you have only new shit, or ultra shovelware garbage from the ps2 era. Gamestop has an enormous variety of vidya. Craigslist is way worse, at least in my area.
>$400 for a "new" 3ds
>not an n3ds, a 3ds original that's "new"
it's fucking laughable.

>Slacking off
>On a day of guaranteed sales
How many hours later were you fired?

>Walmart and target both got rid of their used game sections
Physical Walmarts still sell six month old games for $49.99. No wonder nobody wanted their guaranteed garbage games.

That's my point. I'll happily take a gamestop over that.

Thought experiment: Come up with a way, ANY WAY, that you can make Gamestop survive as a business. (You can't)

There's no way to sell enough Funko Pops to float an entire business, even in current year when mall spots are cheap as fuck.

BUY CHAINLINK

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Your options also include Best Buy, Amazon, and eBay. The latter two which made Gamestop completely irrelevant when it comes to new and used games, respectively.

>amazon and ebay
and then I have to wait to actually get the game, at that point i'd rather go digital. ebay is alright for used games, if you don't get scammed/jerked around for shipping costs.
best buy doesn't have a store in my area, it closed down about 8 years ago.

Gamestop should have been planning to transition their business model about 10 years ago from a brick store to a global delivery game selling and trading/exchange service.

What the hell is a funkopop

Blizzard dying means less shit games on the market, which is a good thing to me.

They cost Sargon his job.

gamestop bought in for 10% of gamefly but sold it off after gamefly started losing business, which nearly crippled gamefly actually, but they're still around doing the netflix-but-games model and as far as I know they're profitable.

These abortions made of vinyl and despair.

If you want to buy a shitty vinyl figurine, go for kidrobot at least, fucks sake.

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Shame
Where will I buy physical copies of console games now? My PS4 doesn't have unlimited HD space and downloading games to is kind of a pain in the ass. Sony store never discounts anything either. So it's paying 40-60 dollarydoos for some year old shit

>kidrobot

funko pop offers obscure figures at very affordable prices. I'd never buy the things myself but my gf has a few

>obscure figures
because they almost all share the exact same template. Buy your girlfriend a real figurine and then shame her for being a wasteful fool.

>There's no way to sell enough Funko Pops to float an entire business
I enjoyed walking into the dying Toys R' Us (PS3 games still priced at $59.99) and seeing rows and rows of clearance priced Pop! figures.

>tfw snagged 17 years of PS+ for $30 a piece
really good day, when they opened it. There were like 100 people there, and you could smell the frustration in the air, all those people about to lose their jobs, or scabs who HAD taken their jobs. I felt bad for them, but then it all went away when I got all the shit I wanted for pennies on the dollar.
Also managed to grab a copy of cubic ninja they had sitting in the back. It's worthless now, sure, but still.

I think I'm gonna put $300 in them this year, with the new consoles coming out I bet it jumps

sell everything and retire early

the xbone two and ps5 aren't dropping till next year at the earliest, most ps5 chatter is 2021. They'll be liquidating by then.

Everyone saying that there gonna have great deals. I went to the Toys R Us sale and got fuck all

>Downloadable becomes the norm
>No more physical copies
>Only way to get a physical after 2025 is collectors edition

Got a GameStop gift card for Christmas. Was going to throw it away but decided to get Death Stranding from them instead. Are these fucks going to be around in November?

Yeah they let employees have first crack at toys r us in my state, so all the valuable shit in the electronics section was gone before they "officially" liquidated. Chances are it will be the same for gamestop. Instructions to ship back anything worth over $50 so they can auction it off online (or hoard it for online sales, they'll probably just use their warehouses to be an online market)
yes, if they went out of business it would be a fairly slow burn, no business actually goes out of business overnight, there's liquidation, bank takeovers, and tons of other shit that happens. It would take a year, maybe 2. Like with toys r us.

Will there come a day where physical games are a hipster luxury item like vinyl records?

we should pool together and buy out gamestop when it becomes a penny stock

We hit and passed that shit already with NES games, back in the mid to late 2000s, and even into the early 2010s. Modern games are too trashy/still getting fucking remade/remastered, there's not going to be nostalgia if they keep fucking re-releasing them.

They can afford to lose money on it if it restores some consumer goodwill in the long run. ActiBlizz is currently in the position where if they do what will make them money, then consumer goodwill continues to tank exponentially. They have to eat losses for the next couple of years to win back consumer goodwill so that they can return to being jews later, and then keep repeating the cycle.

>FunkoStop
You aren't kidding, last time I went there that was half the fucking floorspace, no exaggeration. Who buys those abominations? They're ugly knockoffs of Nendoroids and they cost just as much despite being a solid hunk of plastic without any parts or accessories.

Snoygoys will praise that shit this time. The average gamer has become tame to consumer abuse since the xbone reveal backlash.

Well going out of business happens gradually and then suddenly. Right now Gamestop is 100% going out of business and has been for some time. We are currently in the slow burn part. After next gen gets announced and GameStop sees no increase in profits, then you will very quickly start seeing store closures, layoffs, and then liquidation.

OOF

CAN GAMESTOP EVER RECOVER HAHAHAHAHAA

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