GameStop, one of the biggest and longest-standing video game electronics retailers in America, has announced that it plans to close at least 150 of its stores as part of its “annual strategy” to shut down non-productive stores. The company said that its hardware sales declined by 29.1% and new software sales fell by 19.3% during the fourth quarter of 2016. GameStop shares also fell by around 13-percent today. The company is citing weak sales of particular video games as well as more aggressive advertising by competitors as the reason for the decline in the fourth quarter. The decline has led the company to close down such as large number of its stores, which account for around 2-3% of the company’s stores. However, the company also plans to open a large number of Technology Brand and Collectibles stores as well. A GameStop spokesperson commented that store closures will be “something that will take place throughout 2017.” READ FULL STORY AT PLAYSTATIONLIFESTYLE!
GameStop continues to beat the Nintendo Switch drum. Only a few days ago, GameStop’s lead merchandising executive made bold claims that the fledgling home console could “eclipse the Wii” in sales and that figures have been “phenomenal. …Read More The post GameStop: Nintendo Switch’s Sales are “Incredibly Strong,” Has a 5.5 Item Attach Rate by Lou Contaldi appeared first on DualShockers.
Despite limited availability and high demand, GameStop is ensuring that it is “securing additional systems as fast as we can” for the Nintendo Switch. …Read More The post GameStop Expecting Nintendo Switch Back in Stock “as Early as Wednesday” by Ryan Meitzler appeared first on DualShockers.
It’s hard to find a Nintendo Switch right now, but that may be changing pretty soon. GameStop has announced it will have fresh stock of the Nintendo Switch starting next week. It’s likely we can expect other retailers will be getting fresh stock then, too. It’s worth noting that a ton of Nintendo Switch accessories on Amazon are listed as going back in stock on March 27th, which is Monday.GameStop’s newest batch of Nintendo Switch will be for the base $299.99 unit and you won’t be able to order them online. You’ll have to walk into a store nearest you in order to grab your console. A GameStop representative said the company is seeing high demand for the Nintendo Switch, which is always good news.“GameStop continues to see strong demand from customers who are looking to purchase the Nintendo Switch system. We are meeting this demand by securing additional systems as fast as we can to ensure customers are able to purchase this innovative gaming technology. The customer enthusiasm and response we have seen so far has been incredible as we continue to sell through our supply of systems. We strongly suggest any customer who is still looking to purchase…
GameStop occasionally sends out new surveys to its PowerUp Rewards members, since ostensibly these are the people who spend the most at the store. Someone over at NeoGAF has posted the following screenshot which they say is part of a survey they were in the middle of taking that asked about how much they spend during the summer on games.After that question, the following passage mentioning a $99 Summer Pass idea pops up. The pass would run from June to August and would allow unlimited swapping of one game at a time, similar to the way GameFly operates now. GameFly charges $15.95 a month, whereas GameStop’s solution comes out to $33 a month.There’s some interesting advantages to this, though. GameFly’s biggest flaw is how long it takes to get a disc into your hands after you’ve shipped one off, especially if you’re on a single disc plan and you’re waiting to receive a new game after shipping an old one off. There seems to be the same amount of GameStop stores around as Starbucks, so the added cost may be worth it for an endless summer of games.What do you think? Is this something you’d be interested in doing?[via NeoGAF]The…
If you didn’t manage to get your hands on a Nintendo Switch from Amazon or Best Buy before they sold out, there’s a new bundle at GameStop that might interest you. It’s only for those who are fully committed to the Nintendo Switch because it includes a whole pile of games and a few extra accessories.The $600 Bundle IncludesNintendo Switch – $299LoZ: Breath of the Wild – $59.99LoZ: Breath of the Wild Expansion Pass – $19.99Snipperclips – $19.99Just Dance 2017 – $59.99LoZ: The Complete Guide – $23.99Joy-Con Charging Dock – $29.99Nintendo Switch Hybrid Cover – $24.99SanDisk 64GB microSD card – $21.99Nintendo Switch AC adapter – $29.99The funny part about this bundle? It’s actually about $20 or so more expensive than if you were to buy all of these items individually on Amazon. Of course, Amazon doesn’t have them in stock so you’ll have to pay a premium if you want a Nintendo Switch. The GameStop page for this bundle says it won’t ship until April 16th. READ FULL STORY AT NINTENDOTODAY!
Insomniac Games’ Song of the Deep, which was published under GameStop’s GameTrust label, hasn’t disappointed the company commercially. The adventure title received a mixed reaction from critics but GameTrust executive Mark Stanley told IGN during DICE 2017 that “the game broke all levels that we had put in front of it for both retail and digital.” “So, thankfully, Song of the Deep is still doing well,” he continued. Stanley also revealed that the publisher is hoping to work with Insomniac “soon” again for another project. Elsewhere in the interview, Stanley revealed that GameTrust has “a few things that we have locked in” and it’ll be revealing details of a “fantastic” project that it’s working on with RIME developer, Tequila Works, in the near future. Apparently, the unannounced game is “not very typical of the studio” much like Song of the Deep for Insomniac. Lastly, Stanley says GameTrust wants to focus on 5-6 games a year. “We don’t want to become a game factory,” he explained. [Source: IGN] READ FULL STORY AT PLAYSTATIONLIFESTYLE!
After widespread controversy involving GameStop’s “Circle of Life” program, a report claims that the retailer is about to introduce changes that’ll, in theory, relieve some of the pressure that its employees found themselves under. In a nutshell: the program underwent some changes recently, which put additional pressure on employees to prioritize used game sales as opposed to new. As a result, the company was accused of misleading customers while its employees allege that they felt threatened if they didn’t meet the targets set for them. If you want to go over the previous reports for context, head over here. Now, some company managers have contacted Kotaku (who was behind the initial reports as well), stating that GameStop will no longer be monitoring individual performances under the program. Instead, each store will now be given overall targets. The publication writes: Until now, a COL score had been based on four metrics: 1) pre-owned sales, 2) trade-ins, 3) pre-orders, and 4) rewards cards. Now, GameStop is adding a fifth metric: new sales, which will track each store’s sales numbers against their goals. This will—at least in theory—prevent employees from being punished for selling new games, as they had been in the past. READ FULL STORY…
Illustration by Sam Woolley GameStop’s controversial Circle of Life program is changing next week, according to several store managers. Though the retail chain will continue to use and monitor Circle of Life scores, GameStop plans to enact several changes that will make the program more amenable to their employees. Advertisement The “Circle of Life” score, as Kotaku has reported, is a metric that GameStop uses to measure the performance of their employees. The Circle of Life refers to a driving GameStop philosophy: that customers should buy games, trade them into GameStop, and use the proceeds to buy more pre-owned games (which they then trade in to GameStop). Starting next week, according to managers who spoke with Kotaku tonight, GameStop will no longer monitor individual employees’ Circle of Life scores. Each GameStop store will now simply have a single COL number, for their entire store, which will help reduce pressure on individual employees to hit their quotas. Advertisement GameStop is also changing the way they calculate Circle of Life scores, managers say. Until now, a COL score had been based on four metrics: 1) pre-owned sales, READ FULL STORY AT KOTAKU!
GameStop announced that the retailer will provide a “limited supply” of Nintendo Switch consoles for customers looking to get a system on day one. …Read More The post GameStop to Have “Limited Supply” of Nintendo Switch Consoles for Walk-In Customers at Launch by Ryan Meitzler appeared first on DualShockers.
Image via Lazada.SG, where they sell this as a skin, apparently. It’s Valentine’s Day, a day to show the ones we love how important they are to us. This year I got my wife a box of chocolate-covered strawberries, and traded a PlayStation 4 for food. Let me explain. Advertisement Emily and I had Valentine’s Day all planned out. Since our babysitter would be busy doing stupid things for his girlfriend, I decided to take a few hours off in the AM. Instead of our traditional Valentine’s Day dinner at whichever restaurant wasn’t already filled with doting lovers, we were going to have a romantic Valentine’s Day breakfast. Some heart-shaped pancakes, penis-shaped sausage, ovary-reminiscent eggs, that sort of thing. But upon waking up this Valentine’s Day morning, our plans to symbolically eat each other hit a snag—we had no money. Strange, we normally have money. Where did the money go? Advertisement In my case, the answer was limbo. I’d been spending quite a bit on some home improvement items over the past couple of weeks, in anticipation of incoming tax return monies, because spending money READ FULL STORY AT KOTAKU!
Gamestop is in the news once more, and honestly it’s not all that surprising what it is about. If you’ve been following us for a while, you’ll remember our piece on Gamestop’s corporate greed. Since that was written more light has been cast on the pre-owned gaming giant (it´s worth pointing out that EB Games isn´t much better), and how… READ FULL STORY AT THEGG!
If you want a chance to pre-order one of 1,000 Nintendo Switch consoles, you’ll have to drop by a GameStop store today. …Read More The post GameStop Will Let 1,000 People Pre-Order a Nintendo Switch on Saturday by Giuseppe Nelva appeared first on DualShockers.
GameStop saw itself thrust into the limelight this week with allegations of purposely misleading customers via its new “Circle of Life” program. In case you missed the first two stories, click here and here for context. Now, more employees have come forward to speak out about their experiences with the program on condition of anonymity and, let’s just say, this doesn’t look good…at all. Kotaku has been inundated with emails from former and current employees, explaining what they had to go through. Their identities have been protected for obvious reasons but their employment status with the retailer has been verified. The gist of it is this: employees didn’t want to intentionally mislead customers but they were pressured by the management, and claim that they were at risk of losing their jobs. Some were actually fired. We’re not going to copy and paste all the accounts here so make sure to follow the source link provided at the bottom of this post. Below are snippets from the emails that stand out. Current Assistant Manager: None of us like to do it, but we are all scared for our jobs. I worked two jobs myself until I hit [Assistant Store Leader] READ FULL…