- cross-posted to:
- gaming@beehaw.org
- cross-posted to:
- gaming@beehaw.org
- GameStop is hoping somebody will buy its Canadian and French operations.
- This amounts to over 500 physical stores across both nations.
- The company’s CEO decried “Liberalism, Socialism, Progressivism, Wokeness and DEI” within his firm while shopping for a buyer.
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Surprised the board has this guy as CEO still. I’m sure he had a sweet contract coming in after all the moonshot fun. But oof did he whiff it. The funniest thing he did, when all the wsb guys were waiting for the big squeeze to fuck the shorts, he goes and issues more shares haha
Sings:
- I warned everybody cohen was a cunt,
- they called me a hater of the meme stock
- turns out I was right all along
- and now cohen gargles on trump cock
Thank you for coming to my ted talk.
While it was fun to watch the GME stock shitshow, the fact remains that the short selling hedge funds were right: GameStop doesn’t have a good business case anymore.
GME should have died years ago and this is just the people who are currently holding the bag trying to scrape some value off the bottom of the barrel.
Not going to lie, the GME Meltdown or whatever it was called sub on reddit gave me a lot of entertainment a few years ago, especially with the whole Bed Bath & Beyond saga and how the BBBY bag holders thought Ryan Cohen was going to save them too somehow.
Yeah, they should’ve transitioned to a very different business model a decade ago. Ideas:
- game lounge - host tournaments, and allow renting a room or something for gaming parties
- merch - they have some in their stores, but it’s usually low quality crap for high quality prices
- rentals - rent an entire console + games and sell interesting snacks; that way I could play some console exclusives while mostly playing PC games
- stop selling used games, but facilitate game swaps/sales w/ a small commission (waived w/ other purchase)
I find myself only going to Gamestop occasionally to see if they have something I want for a decent price, and honestly, I’ve stopped bothering because selection is mediocre compared to online options, and the prices aren’t any better.
I havent been in a gamestop for years, and it’s entirely because of the people working there.
They have a talent of hiring the biggest assholes, trying to scam customers so they can give some gimmicks to their “friends”.
Weird sales pitch. I’m not sure who he is trying to appeal to here?
I don’t think any of these nutters have experienced the things they rail against. I’m not in the US, but from where I’m standing you guys haven’t had any of that stuff since before Reagan.
DEI was policy during the Biden admin. It basically boiled down to employees having to take a yearly training telling us to respect coworkers backgrounds/identities and pronouns. It’s not a bad thing and it sure as fuck didn’t kill GameStop.
That really depends, a lot of orgs took it way too far by having hiring quotas and whatnot.
Our DEI thing was pretty straightforward. We already do something in the on-boarding process about psychological safety, so we just added some optional DEI sessions w/ free lunch where minorities would talk about their life story and struggles related to being a minority. That’s it, and it was really enjoyable.
But yeah, it’s completely unrelated to why Gamestop is selling stuff off. Their business is failing due to natural shifts in consumer spending patterns (who goes to gamestop to buy games anymore?), so they need to scale back.
thats what the space needs, a right wing game store that only sells xbox shooters and laughs are your K/D avg when you come in.
I’d stop shopping there if I had a time machine that could take me back to 2003.
I believe they call this “biting the hand that feeds”. I don’t think there are a load of heteronormative bros in there buying funko pops.
Appealing to the most willfully ignorant potential buyers is probably the only hope for this guy to sell this relic of the past
