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GameStop Stock Plummets After A 27.5% Decrease In Holiday Sales

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seether:
https://www.forbes.com/sites/mattperez/2020/01/14/gamestop-stock-plummets-after-a-275-decrease-in-holiday-sales/#67331f18249a

I think physical media is declining at a rapid rate year on year.

bikingjahuty:
You're not wrong. I think during this next generation we'll see the number of Gamestop stores plummet, and by the end of the generation they'll be on death's doorstep. I can't see them surviving the next 10-years.

kamikazekeeg:

--- Quote from: bikingjahuty on January 15, 2020, 05:34:34 pm ---You're not wrong. I think during this next generation we'll see the number of Gamestop stores plummet, and by the end of the generation they'll be on death's doorstep. I can't see them surviving the next 10-years.

--- End quote ---

I think even the end of the generation is too long at this point.  They are dropping hard and fast and even if they make the rest of the year when the new consoles release, I don't think it'll be a big enough boost to turn things.  They'll get a nice influx at the end of the year, but I don't know if they can keep it going.

Warmsignal:
They're going to die a gradual death. It'll go through a period of closures where they're not a GameStop on every corner anymore. Then they'll start to become more scarce. I'd say in about 3 to 4 years people will be saying "GameStop is still a thing?" when all but a few odd stores will be gone. Kind of like RadioShack, and Block Buster were.

Sad because I like my physical games, and I'll continue to buy them for as long as they're produced. Once GS is gone, in my town that only leaves Walmart. I have to go out of town for any other retail option.

I would partially blame their decline on the 8th generation being so weak in terms of enticing new hardware, and especially new games. The game landscape in terms of physical retail games has stagnated into something awful during the 2010s. People have grown tired of the sequels after sequels and sequels and nobody can afford to take any risk that might bomb, or it could end a game studio single single-handedly. To me, it just felt like there was almost nothing out there worth picking up, compared to the 7th gen.

 When I first started to pay attention to games again in the later 2000s, and I saw all of the cool and interesting titles people had in their collections, I wanted those consoles and those games, badly. When 8th gen came about and the releases were slow and predictable, I felt very meh about getting any of the new systems. I new I would pick up the Wii U, and eventually did in 2013 but we all know how that turned out... I didn't get a PS4 until Xmas 2016, even then I didn't feel compelled to buy very many games for it and kind of lost interest in it pretty quick. Just this week, I finally picked up an Xbox One. There was just no desire this gen. Nothing that I absolutely had to have. It all just felt so whatever, in a way.

shawndude82:
Things were better back when they were Funcoland.  Gamestop has been digging their own grave for a long time.  We had a Gamestop within walking distance of my parents house and I have never had someone who worked there tell me it's worth it.  And the constantly changing policies on Used and Returned games just so they can make a few extra bucks.  Maybe now some other more-deserving game stores will get more business.

I wouldn't say physical media is declining.  I predict digital is going to collapse eventually.  People want to own what they buy, digital games don't work that way.  You can pay a lot of money for something digital, and it's only yours until the company behind it decides to cancel it's availability (ex: Scott Pilgrim, TMNT: Turtles in Time Reshelled, P.T.).  Physical copies will always be preferable.

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