this post was submitted on 14 Dec 2024
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Save you a click: it's GameStop.
Thanks, fuck the daily mail they don't deserve the clicks
What happened to the plan to move from games themselves to just game-related merch? More focus on hardware (like the consoles themselves, controllers and even PC components) and collectible items. You know... Shit you can't just download.
A brick and mortar store has a lot of overhead. And, even with merch sales, GameStop doesn't have enough to offer to differentiate itself from online stores for that same merch. Why would I take the time to walk/drive over to the GameStop to buy some cheap crap from China, when I can go online and buy that same cheap crap from China for less online. Especially, when I can often get it direct from China (via AliExpress or the like) for even less? Without the sales of physical media and the used game market, there just isn't a viable business case for GameStop anymore. Sure, I found the whole GameStop stock meme funny too. And it sucked that some big fund tried to short them into the dirt. But, looked at from a dispassionate perspective, the current business model is doomed.