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A brick-and-mortar retailer with over 6,600 stores, GameStop is forced to incur costs that online competitors, such as Amazon (AMZN), don't. That hurts its margins and makes it difficult for the company to compete on price. To make matters worse, GameStop, which has historically sold physical game media and consoles, is being presented with another major challenge: the rise of digital gaming.
6 years ago
Seed Newsvine
.. THE GREATEST loss is in holding onto something that is out of date, REALLY ! ...In order to survive, it has shifted its focus.
ReplyDeleteA brick-and-mortar retailer with over 6,600 stores, GameStop is forced to incur costs that online competitors, such as Amazon (AMZN), don't. That hurts its margins and makes it difficult for the company to compete on price. To make matters worse, GameStop, which has historically sold physical game media and consoles, is being presented with another major challenge: the rise of digital gaming.