this post was submitted on 27 Mar 2024
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Gaming

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[–] jordanlund@lemmy.world 57 points 2 years ago (1 children)

The move to digital sales is killing their business model.

They can't buy and re-sell used digital games.

Pre-orders on digital content can be done through the respective app stores.

Gamepass renders the buy, sell, re-buy consumer behavior irrelevant.

[–] givesomefucks@lemmy.world 33 points 2 years ago (3 children)

I mean, all that was intentional...

But this was a dying business years ago, it was propped up by a few people who made a shit ton of money and a whole bunch of idiots they convinced to hold the bag.

GameStop was never going to last long, it was just delayed

[–] BetaBlake@lemmy.world 15 points 2 years ago

It should have ended years ago, it's a crap company who were annoying to do business with, it became a meme and got to live a few extra years. But I say good riddance

[–] Fapper_McFapper@lemmy.world 6 points 2 years ago* (last edited 2 years ago)

At the very least, two bag holders have read your comment.

[–] Conyak@lemmy.tf 1 points 2 years ago

It could if they were willing to modify their business model. They could have leaned into the game merchandise more but relying on used game sales was never going to be sustainable.

[–] AlteredStateBlob@kbin.social 35 points 2 years ago (1 children)

I mean, they're profitable for the first time since 2018. Not least thanks to a huge amount of cost cutting the past two or three years. This is more of that.

[–] caseyweederman@lemmy.ca 22 points 2 years ago

What! But they did absolutely nothing to prevent that!

[–] Mikelius@lemmy.ml 16 points 2 years ago (1 children)

I'd do my part in buying games from them more if they didn't block my home network from their website lol. Yes it's behind a VPN, and no I'm not turning it off to give up my privacy just to buy something I can get from stores that won't block me.

I honestly used to buy games from them a lot, but once their website became inaccessible, I sorta forgot about them. Surely I'm not the only one right...?

[–] teawrecks@sopuli.xyz 10 points 2 years ago

I stopped buying games from them when I went in the store and there weren't any games. It's just a bunch of FunkoPop garbage.

[–] Manos@lemm.ee 15 points 2 years ago* (last edited 2 years ago) (2 children)

Has it not mooned yet? Apes must be in shambles.

[–] Moneo@lemmy.world 15 points 2 years ago (2 children)

That subreddit was simultaneously the funniest and creepiest subreddit I've ever visited. It's hilarious how sure they are that they will all be billionaires but I always got the creeps when thinking about how I was reading the comments from a bunch of people just throwing their life savings down the toilet.

[–] ramble81@lemm.ee 6 points 2 years ago

I bought a few thousand dollars because I could and I’m just sitting on it because I’m very curious what’s going to happen. I really believe the float has been locked up for a while and there’s some serious shenanigans going on. I either will strike it rich or at some point throw in the towel and write off the losses on my taxes. But I look back at when everyone wrote off Bitcoin and look at it now.

[–] XeroxCool@lemmy.world 10 points 2 years ago (1 children)

What an unfortunate way to learn thinkgeek is defunct

[–] SpaceNoodle@lemmy.world 4 points 2 years ago

They were spiralling for years.

[–] kratoz29@lemm.ee 10 points 2 years ago

As a Mexican I always loved visiting GameStop when I was in the USA, there was simply not a good replacement for GameStop here at those times, now there are some, but they barely look like a videogame store (full with merchandising and stuff), and as always Amazon MX has cheaper prices than local stores, hell even it has cheaper prices than Target or GameStop (compared when I was there last time some months ago).

Stock go up

[–] silliewous@feddit.nl 9 points 2 years ago

Buy the dip!

[–] janNatan@lemmy.ml 8 points 2 years ago

I thought it said "understandable," and I was like, "yeah."

[–] nxdefiant@startrek.website 3 points 2 years ago

They should merge with RadioShack and that company that rented DVD's out of ATM's in front of gas stations.