Gamestop stock plummets

[monocle_layton]

Intrinsic said:

Leadified said:

Not a big surprise, personally GameStop (or EB as they're known here) is kind of redundant. Amazon and BestBuy have better deals for new games and there's countless local stores that sell used games around here.

There's not much reason to visit GS/EB for me anymore.

EDIT: Wow GS has 7 times more locations than Best Buy, that's crazy.

Not really when you consider the size of a best buy compared to the typical gamestop.

At the same time, do they really need 7x more?

 

If Best Buy had, say, 5000 stores, that means gamestop has 35,000. I am pretty sure you do not need 35k Gamestops in the US. 

 

It becomes unnecessary and a headache. Get rid of stores with smaller profits and focus on doing well with every store.