Current Events > Have ya'll heard today's breaking news on youtube involving Gamestop?

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Saxon
09/04/19 2:41:29 PM
#1:


After Q4, GAMESTOP is tapping out and will close 2400 stores
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BlueBoy675
09/04/19 2:42:21 PM
#2:


Literally another topic on the front page

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Saxon
09/04/19 2:43:59 PM
#3:


Anybody know how many Gamestops exist? Gotta be a hell of a lot more than 2 thousand 400 stores.

That is probably only 20% of the stores, right?
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creativerealms
09/04/19 2:45:15 PM
#4:


Okay. Seeing how physical games are slowing dying and gamestops attemps at selling other stuff isn't working I'm not surprised.
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Questionmarktarius
09/04/19 2:46:01 PM
#5:


Saxon posted...
Anybody know how many Gamestops exist? Gotta be a hell of a lot more than 2 thousand 400 stores.

That is probably only 20% of the stores, right?

Given the "buy everything" a decade or two ago, it wasn't exactly uncommon to end up with three gamestops in the same mall, or a gamestop with another gamestop across the street.
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Saxon
09/04/19 2:49:48 PM
#6:


Just in the last two decades, Gamestop took over Babbages, Software Etc., Funcoland & EB Games.
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DespondentDeity
09/04/19 2:50:51 PM
#7:


There's 4400 stores, I read that in the other topic that's literally on the same page as this one.
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creativerealms
09/04/19 2:54:24 PM
#8:


I have two gamestops in my area, one that's huge and one that's in a tiny cramped space. I hope the one in the large location stays open and the cramped one closes.

Funny enough my local game stops were hiring just a month ago.
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Questionmarktarius
09/04/19 2:55:40 PM
#9:


creativerealms posted...
I hope the one in the large location stays open and the cramped one closes.

Good luck with that, unless the tiny one pays more rent for some reason.
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Shablagoo
09/04/19 2:55:59 PM
#10:


Saxon posted...
Anybody know how many Gamestops exist? Gotta be a hell of a lot more than 2 thousand 400 stores.

That is probably only 20% of the stores, right?


The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,830 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe. The company's retail stores primarily operate under the GameStop, EB Games, ThinkGeek and Micromania brands.

https://en.m.wikipedia.org/wiki/GameStop
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Saxon
09/04/19 7:56:30 PM
#11:


I heard the ultimate plan was to get their stock up to at least 10 bucks a share by cutting jobs and stores then liquidate the rest of the company after that.

.
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SK8T3R215
09/04/19 7:59:40 PM
#12:


Saxon posted...
I heard the ultimate plan was to get their stock up to at least 10 bucks a share by cutting jobs and stores then liquidate the rest of the company after that.

.


Stock price wouldn't matter if they're just liquidating the assets...
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Kolibri X
09/04/19 8:02:06 PM
#13:


There's probably too many of them. There are 5 within a 15 mile radius of me.

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Purely
09/04/19 8:03:12 PM
#14:


I don't see any news on this searching on Bing or Google...
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Saxon
09/05/19 6:40:34 AM
#15:


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RchHomieQuanChi
09/05/19 10:01:54 AM
#16:


There's legit two GameStops within a mile of each other by where I work and another like 10 minutes from where I live (which is itself 10 minutes from where I work).

I just don't see why they have so many stores clustered together
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