All Channels
Popular
190°

Gamestop Under Fire

It could be said that GameStop is on a roll. In the past year their stock price has more than doubled from 25.50 to its current home, hovering around 60. In September, the company began turning most of the remaining EB Games stores into GameStop stores. And just last week the company opened their 5000th worldwide location.

But not all is well with the world's largest video game retailer. Over the years they have slowly been ostracizing the hardcore gamers of the world with insulting business practices and annoying employees. When GameStop and EB Games "merged" in 2005, most of GameStop's corporate policies won out and even though the stores were always very similar, gamers felt betrayed that EB Games would eventually go the way of the dodo. I strongly doubt the same number of tears would be shed if GameStop were to disappear tomorrow.

More....

Read Full Story >>
wayofthegamer.com
Lightning Mr Bubbles6760d ago

All I know is that games are $59.99 plus tax and they give you $25 in credit for trading in brand new releases.

Gamestop/EB games = ripoffs.

TeaDouble_E6760d ago (Edited 6760d ago )

Try working over there, you will hate it even more.

green_ghost56760d ago

How exactly is that a ripoff? Everything you buy decreases dramatically when you leave with it. Just like a brand new car. You drive it for three days, and decide you don't like it you want to trade it in, you'll get only a fraction of the price for that car. That's just how life is.

XxZxX6760d ago

you want to compare with cars, try resell your car after 30 days, you still have at the very least 80% of your original cars value. Try it on games, you only have less than 20% of your original games value. Now that's a ripoff. Life suck if you don't know how to count.

squallsoft6760d ago

and i would also like to add a couple of my own:

8. Offer competitive wages. Minimum wage can't even buy you a weeks worth of gas anymore.

9. Raise the trade in value. Its ridiculous that a game that is only a day old and retails for 60 dollars only trades in for 15. Give me a break. They are gonna resell it for 55 anyway...

10. Old school love. Why shun all the oldies? EB used to sell NES games for god's sake! Now I can't even go to Gamestop and buy PSone games! For shame...

If these things change, there still might be hope for Gamestop yet. As it stands now, i hit Amazon for all my gaming needs...

smirx6760d ago

So, it's starting to sound like Gamestop is the "Wal-Mart" of video game stores. Just what we need.

Lightning Mr Bubbles6760d ago (Edited 6760d ago )

you can have 100 reasons for hating Gamestop. Employees say they don't pay enough, some say the employees are fanboys, others even say something stupid like no respect for old school games. Sure whatever works for you...

There's only one reason that matters. They rip you off!

PS360WII6760d ago

Well I'm sort of the baddy here. I go to gamestop and do all the pre-order crap pay it off in full so I can walk in and walk out day of. Most of the employees there I talk gaming with and talk shop with the managers a lot. The store I go to they are pretty informed and knew most of the stuff I threw at them. Don't know about the pay since I don't work there but the store I go to they know the games and the upcoming and the changes that happen.

d3l33t6760d ago

you really dont have a choice, i know i dont. Its that or target/bestbuy/walmart, noneofwich deserve my gaming business.

Show all comments (39)
70°

Microsoft Gaming Revenue Drops 7% Year-on-Year, Content and Services Down 5%, Xbox Hardware Down 33%

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.

Read Full Story >>
simulationdaily.com
Jin_Sakai4d ago (Edited 4d ago )

Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.

dveio4d ago

To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Jingsing4d ago

The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.

Tanktopmaster924d ago

Once they re-evaluate exclusive all will be fine….

S2Killinit4d ago

Riiiiight because people will just flock back to them for one or two games per year.

Jingsing4d ago

15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.

Tanktopmaster923d ago

These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse

Show all comments (13)
50°

Report: Injustice 3 in Development at NetherRealm Studios

Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.

50°

Spiders Studio, Developers of GreedFall: The Dying World, Announce Liquidation of the Company

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.

What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.

We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.

If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."