this post was submitted on 16 Jul 2026
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[–] Zedstrian@sopuli.xyz 182 points 1 week ago (6 children)

To be fair, GameStop has essentially become an overpriced merch retailer.

[–] aeronmelon@lemmy.world 75 points 1 week ago (1 children)

I’m honestly surprised they haven’t merged with Hot Topic.

[–] Peffse@lemmy.world 53 points 1 week ago (7 children)

They did buy out ThinkGeek, so... very close.

[–] Manticore 39 points 1 week ago (2 children)

😭 🥀 God I wish I had gotten more of those novelty homewares while I still could. I'm an adult, I accept I need a laundry basket.... but nobody else would've sold me a collapsible radioactive waste barrel.

I enjoyed the 'bloody handprint' shower curtain, but by the time I had enough money to get such items as yhr matching bloody-footprint bathmat with intention, ThG was gone for good.

[–] Angular@crazypeople.online 13 points 1 week ago

I miss thinkgeek too! 😑

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[–] Ledivin@lemmy.world 161 points 1 week ago (6 children)

“Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”

12% of your business is no way anywhere near "irrelevant."

[–] Trex202@lemmy.world 77 points 1 week ago* (last edited 1 week ago) (1 children)

The 12% is the reason people come and buy the other 88%

Nintendo sells more in merch than in software, they should stop too

[–] halcyoncmdr@piefed.social 35 points 1 week ago (2 children)

It depends on what that 12% is.

Is it revenue, or is it profit? And does that Include both new and used games?

New games have a very small profit margin compared to used games and merch.

[–] lemmyman@lemmy.world 16 points 1 week ago

Fair but it seems like if you're trying to minimize the importance of something you would choose the metric that shows how minimally important it is.

If it's 12% of revenue but 1% of profit wouldn't you say it's "1%" instead of "12%"?

[–] Manticore 9 points 1 week ago* (last edited 1 week ago)

Might even mean 12% of business transactions/goods sold. The profit margins, customer retention, market stability, minimal losses etc might be in other goods favour.

Given how many codes/games/etc a store might order that do not sell (losses to account for), games are much less 'shelf stable' compared to a plushie of a pokemon first shown on TV 25 years ago. Digital codes and registering also make any return/exchange obligations a bigger loss.

I think there's several reasons a company might see games as a high-risk good when compared to collectibles.

I just wish they hadn't destroyed ThinkGeek.....

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[–] waitmarks@lemmy.world 78 points 1 week ago (2 children)

Idk why everyone is making fun of this. Sony made it very clear that games are going all digital. Gamestop has to take it seriously and they have been pivoting to collectables for a while now, so they are clearly on top of this. Maybe the pivot works, maybe it doesn’t, but they aren’t just sticking their head in the sand and pretending everything is fine.

[–] tmyakal@infosec.pub 29 points 1 week ago (3 children)

GameStop is currently making a serious effort to buy eBay, which would also give them TCGPlayer and station them as a pretty big fish in the collectible card gaming space.

[–] schipelblorp@sh.itjust.works 27 points 1 week ago (19 children)

It's funny to me that the same crowd of people that rail against the continued fucking over of the public by manipulative corporations are the same people who fork over hundreds of dollars for the artificial scarcity and manufactured demmand of collectible cards.

Every time I think of getting into that hobby, I get the same feeling I get when I go to the casino... like I'm just a mark.

[–] tmyakal@infosec.pub 12 points 1 week ago (4 children)

Oh, yeah. My playgroup all gave up on buying official products years ago for that reason. Now we just buy cardstock and toner.

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[–] Lasherz12@lemmy.world 11 points 1 week ago (1 children)

Serious as viewed from GameStop's perspective, and maybe even just one man at the top. eBay has already said their offer is not remotely attractive to them. I think their current CEO unfortunately thinks the only way to run a business is to create controversy. I hope they didn't take the wrong lesson from the Gamestop stock rally, but it seems at least one person did.

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[–] DrakeAlbrecht@lemmy.world 62 points 1 week ago (1 children)

Coincidentally, GameStop is also irrelevant to Games.

[–] adarza@lemmy.ca 19 points 1 week ago

Coincidentally, GameStop is also irrelevant ~~to Games~~

[–] slaacaa@lemmy.world 43 points 1 week ago (1 children)
[–] TheRagingGeek@lemmy.world 12 points 1 week ago (3 children)
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[–] foggy@lemmy.world 38 points 1 week ago (2 children)

Used games account for over 20% of their revenue.

This information is publicly available as they are publicly traded.

This claim is a an insult to the average readers intelligence.

[–] Alexstarfire@lemmy.world 7 points 1 week ago

These days, they are an insult to gamers.

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[–] Kolanaki@pawb.social 35 points 1 week ago* (last edited 1 week ago) (5 children)

They honestly could just become a merch store and only carry plushies, shirts, other nick-nacks and hardware. The one nearest me is already pretty much just an authorized dealer of FuncoPop garbage as is. I'd be more inclined to visit if they carried other general video game related stuff so I wouldn't have to wait for shipping.

[–] finalarbiter@lemmy.dbzer0.com 14 points 1 week ago (5 children)

Do people go to gamestop specifically to buy merch, though? I always thought that that was intended like candy in the check-out aisle: you grab it because it catches your eye on the way out, after you've already collected whatever you actually came in for.

[–] Kolanaki@pawb.social 8 points 1 week ago* (last edited 1 week ago)

I think they would if they had more than the cheap eye-candy stuff they generally have and was the greater focus of the business. They could be the Hot Topic of gaming shit.

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[–] nullspace@lemmy.world 7 points 1 week ago

That's basically Hot Topic, Box Lunch and a bunch of other similar stores that sell nothing but licensed merch. Only instead of Harry Potter, Disney, and a handful of popular shows it's video game properties.

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[–] gedaliyah@lemmy.world 31 points 1 week ago

No worries, our plan is just to become to games what Hot Topic is to music.

[–] generic_computers@lemmy.zip 29 points 1 week ago (1 children)

I guess they're just "Stop" then.

[–] Holytimes@sh.itjust.works 10 points 1 week ago (3 children)

Game means more then video games... Table top, board games, card games... Literally they are making bank off card games right now. They are still if not more so right now game stop then ever before.

They do all game shit now instead of just one category.

They are still cunts for doing card grading tho stupid ass shit that is

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[–] wuffah@lemmy.world 27 points 1 week ago (3 children)

What the hell even is our economy anymore?

[–] remotelove@lemmy.ca 16 points 1 week ago (1 children)

Memes, mostly. Lots of memes.

[–] talentedkiwi@sh.itjust.works 17 points 1 week ago* (last edited 1 week ago) (3 children)

Edit: just noticed the weird box. I'm too lazy to redo it.

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[–] LovableSidekick@lemmy.world 23 points 1 week ago* (last edited 1 week ago) (1 children)

Likewise, CEOs are irrelevant to game quality.

I would say detrimental to game quality.

[–] Triumph@fedia.io 23 points 1 week ago (1 children)

Just change the store name to Stop.

[–] ms_lane@lemmy.world 13 points 1 week ago

Because GAME already went broke.

[–] Wispy2891@lemmy.world 18 points 1 week ago
[–] Deebster@infosec.pub 15 points 1 week ago (4 children)

What happened with them being a meme stock?

[–] ryathal@sh.itjust.works 13 points 1 week ago (4 children)

They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.

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[–] melfie@lemmy.zip 12 points 1 week ago (3 children)

This is a sad timeline where used games are becoming irrelevant and you can only pay for games that you don’t actually own and therefore can’t sell. At least the Funko Pop market is alive and well. 🙄

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[–] But_my_mom_says_im_cool@lemmy.world 11 points 1 week ago (1 children)

I mean I can’t remember the last time I purchased a games let alone at GameStop, that place is for stocking stuffers, random merch, and maybe a used controller.

[–] tempest@lemmy.ca 14 points 1 week ago (1 children)

I used to buy switch games from there because I don't trust Nintendo not to do stupid shit with digital purchases or turn off their store.

Now that switch games are just key carts I'm not sure I'll be back in

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[–] starblursd@lemmy.zip 10 points 1 week ago (2 children)

They are a collectibles and trading card company. The games have stopped

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[–] Sharkticon@lemmy.zip 8 points 1 week ago (1 children)

This is the same one who thought he could buy ebay right? Doofus.

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