GameStop decides to stop trying to sell the company

[konnichiwa]

vivster said:

Cerebralbore101 said:

The business model works fine. GameStop is just getting beaten out by all the little Mom n' Pop shops. Gamestop will offer $18 trade in credit on a used game that just came out, and then try to sell that used copy for $55. That's only $5 off the price of a brand new copy. Meanwhile a good Mom n' Pop game store will offer you $24 for the same game, and try to sell that game for $45. Mom n' Pop shops also happen to sell and trade in every generation of video games. Gamestop has most of its locations in expensive malls, while Mom n' Pop shops will be in a strip mall on the edge of town. 

Almost everyone that collects physical games knows you don't go to a Gamestop. Their trade in offers are bad, and their prices are too high. You go to the Mom n' Pop place instead. 

So what you're saying is their business model doesn't work?

Isn't the biggest issue that they have to many stores?  I see comments like 'If go 1 mile to the east they have a shop, if I go 2 miles to south they also have one, and if I could bother I can get to the mall 3 miles to North for another one'.  I guess it is not the only problem but schrinking down seems a logical step.