Gamestop has always sucked at selling games, so I guess, in some strange way, it checks out.
this post was submitted on 16 Jul 2026
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Likewise, CEOs are irrelevant to game quality.
I would say detrimental to game quality.
Idk why everyone is making fun of this. Sony made it very clear that games are going all digital. Gamestop has to take it seriously and they have been pivoting to collectables for a while now, so they are clearly on top of this. Maybe the pivot works, maybe it doesn’t, but they aren’t just sticking their head in the sand and pretending everything is fine.
GameStop is currently making a serious effort to buy eBay, which would also give them TCGPlayer and station them as a pretty big fish in the collectible card gaming space.
It's funny to me that the same crowd of people that rail against the continued fucking over of the public by manipulative corporations are the same people who fork over hundreds of dollars for the artificial scarcity and manufactured demmand of collectible cards.
Every time I think of getting into that hobby, I get the same feeling I get when I go to the casino... like I'm just a mark.
It's such a controversial opinion, but outside of playable games etc... people are basically buying (with 'collectibles') the equivalent of bacon and eggs arranged in a happy face to make a kid giggle. What the fuck are people doing with their lives where they need to have a picture of some cartoon character or a bobblehead of it?
Oh, yeah. My playgroup all gave up on buying official products years ago for that reason. Now we just buy cardstock and toner.
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And Ebay has been going to absolute shit for a while now. FB marketplace and Amazon absolutely gutted two of their core profit centers.
Serious as viewed from GameStop's perspective, and maybe even just one man at the top. eBay has already said their offer is not remotely attractive to them. I think their current CEO unfortunately thinks the only way to run a business is to create controversy. I hope they didn't take the wrong lesson from the Gamestop stock rally, but it seems at least one person did.
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It's called GameStop, not GameStart.
I guess they're just "Stop" then.
Game means more then video games... Table top, board games, card games... Literally they are making bank off card games right now. They are still if not more so right now game stop then ever before.
They do all game shit now instead of just one category.
They are still cunts for doing card grading tho stupid ass shit that is
I’m just happy they are still around either way. Considering how expensive video gaming is getting…I don’t blame anyone from pivoting from it and playing other types of games.
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To be fair, GameStop has essentially become an overpriced merch retailer.
I’m honestly surprised they haven’t merged with Hot Topic.
They did buy out ThinkGeek, so... very close.
😭 🥀 God I wish I had gotten more of those novelty homewares while I still could. I'm an adult, I accept I need a laundry basket.... but nobody else would've sold me a collapsible radioactive waste barrel.
I enjoyed the 'bloody handprint' shower curtain, but by the time I had enough money to get such items as yhr matching bloody-footprint bathmat with intention, ThG was gone for good.
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“Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”
12% of your business is no way anywhere near "irrelevant."
The 12% is the reason people come and buy the other 88%
Nintendo sells more in merch than in software, they should stop too
It depends on what that 12% is.
Is it revenue, or is it profit? And does that Include both new and used games?
New games have a very small profit margin compared to used games and merch.
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The CEO said that? How insightful! That borders on genius! Give that CEO another grotesquely huge bonus! /s
The CEO of GameStop does not get paid, they have no salary or bonuses
yeah but i receive no money from the company i work for free with my own money
It's hard not to think of this when you read that.
https://thehustle.co/gerald-ratners-billion-dollar-speech
Video here - https://redirect.invidious.io/watch?v=pW4j_enqQgc
The amount of negativity here is very positive. Somebody somewhere has an agenda to think they're doing badly as a business 😜
What happened with them being a meme stock?
They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.
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Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.
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They honestly could just become a merch store and only carry plushies, shirts, other nick-nacks and hardware. The one nearest me is already pretty much just an authorized dealer of FuncoPop garbage as is. I'd be more inclined to visit if they carried other general video game related stuff so I wouldn't have to wait for shipping.
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He's right.
Used games account for over 20% of their revenue.
This information is publicly available as they are publicly traded.
This claim is a an insult to the average readers intelligence.
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This is a sad timeline where used games are becoming irrelevant and you can only pay for games that you don’t actually own and therefore can’t sell. At least the Funko Pop market is alive and well. 🙄
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