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Wednesday January 18, 2006 1:07 am

Trouble at Gamestop?




Posted by Brandon Gribin Categories: Corporate News, Rumors,

DescriptionAccording to a Gamestop insider, the retail company is having some big troubles. The manager reports that employees are being instructed to work less hours in the name of maintaining profits. Meanwhile, store managers, who work on salary, are being told to work more hours. Upper management is also instructing its stores to make far more Game Informer subscription sales and to lock in more pre-orders.

Why is all of this supposedly happening? Based upon what the source says, these strong demands are being made to cover upper management salaries. Personally, I don’t fully buy it. It’s a known fact that game sales at the end of the year were down. Yes, upper management needs to be paid but the company has a plethora of other expenses, and the only way to pay off the expenses, and hopefully profit, would be to push more sales.

On another note, video game retailing is fiercly competitive. With other retailers, from Wal-Mart to Best Buy selling video games as well, why would anyone want to go to Gamestop when those consumers may have other non-videogame products that are sold at the other stores? Additionally, Gamestop hardly ever offers sales on its video games, while stores like Best Buy do on a somewhat regular basis.


Read More | Kotaku

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Comments:

Good, GameStop / EB, they are all a bunch of crooks.  By the way, if you want to trade in an xbox 360 premium, they’ll give you $230—that’s about 53% of retail cost.

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