GameStop to Permanently Close Over 300 Stores
GameStop has announced that it will be closing over 300 stores this year as part of its ongoing [...]
comicbook.com
I'm pretty sure this is why they were fighting tooth and nail to keep their stores open, going as far as trying to tell police they weren't breaking the law and trying to classify themselves as "essential".I imagine the situation with the corona virus has probably sealed their fate, not that they had much hope anyways.
I know it's a joke, but a reminder to people that Reggie still hasn't even started with GameStop.
They still have over 5000 locations. On top of that in my area there are 6 GameStops within 15 minutes of me. There was never a need for them to have this many locations.
They still have over 5000 locations. On top of that in my area there are 6 GameStops within 15 minutes of me. There was never a need for them to have this many locations.
I think Gamestop can survive, they're just going to have to downsize. There's way too many of them.
There are two Gamestop stores on opposing corners of an intersection in my town.
This happens when you buyout your competitors.Yeah, some of their locations are absolutely unneeded. This is right down the road from me:
There are literally 2 essentially right across the street from each other.
Yeah, some of their locations are absolutely unneeded. This is right down the road from me:
There are literally 2 essentially right across the street from each other.
Probably thinking "Damn, they're going to pay me all that money to do what?" I wonder if a golden parachute was in his contract?Dude's probably wondering what he was thinking about now though...
In some of the cases yes, like when I was a kid there were no GameStops near me. There was a Funcoland and an EB. Those got bought out by GS, but then they went on to put four more locations in the area. They expanded way too much and too quickly.
Hurry up before they stop filling their warehouses! BUY BUY BUYHope mine is good, I still have a gift card to use. I guess I can use it online.
You see the writing on the walls. Get the hell out of there.That said, according to the company's CEO, George Sherman, there are plans to meet or possibly exceed this number during this fiscal year, which means there will soon be many GameStop employees out of a job
I am no fan of Gamestop and don't feel bad for them. If people work for them, they have to know it's coming. It's been trending down hard for years now.That said, while GameStop ended the fiscal year on a somewhat decent note, the year as a whole was a rough one for the retailer. For the final fiscal quarter, GameStop posted a net income of $21 million. However, for the full fiscal year, revenue was down 22% to $6.47 billion, which translated to a net loss of $470.9 million. Leading to this was a considerable decline in both software and hardware sales. Meanwhile, lessening this decline was a rise of 4% in collectibles
You see the writing on the walls. Get the hell out of there.
I am no fan of Gamestop and don't feel bad for them. If people work for them, they have to know it's coming. It's been trending down hard for years now.
Yeah, some of their locations are absolutely unneeded. This is right down the road from me:
There are literally 2 essentially right across the street from each other.
I used to work for GameStop so I have my reasons for not feeling sorry for them.I very much feel bad for the people working for them, especially since all this is happening right now. People's employment status is often not fluid. People can see what's coming but have no way at all to alter it. My heart very much breaks for the people caught up in all this. It's not the guy at the cash register's fault his district manager makes him hound you for pre orders. If he doesn't do that, he's out a job.
Without the 2 within 5mi of each other near me I wouldn't have been able to buy 2 Shield controllers for $20.They still have over 5000 locations. On top of that in my area there are 6 GameStops within 15 minutes of me. There was never a need for them to have this many locations.
ya, but I'm not saying I feel sorry for gamestop. I feel sorry for the people working there.I used to work for GameStop so I have my reasons for not feeling sorry for them.
The people yeah, the company no. It's an absolute trash company to work for.ya, but I'm not saying I feel sorry for gamestop. I feel sorry for the people working there.
Lowe's and Home Depot being next to each other is kinda redundant.
Lowe's geared towards consumers with zero exp in home improvement. Home Depot geared more towards contractors, so a larger selection of more specialized tools.Lowe's and Home Depot being next to each other is kinda redundant.
Lowe's and Home Depot being next to each other is kinda redundant.