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GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion (www.pcgamer.com)

submitted 3 days ago by misk@sopuli.xyz to c/games@sh.itjust.works

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[–] ryannathans@aussie.zone 3 points 2 days ago (1 children)

My local stores sell steam games and PC parts, I don't think you understand the business model.. When was the last time you visited a store?

[–] Whirlybird@aussie.zone 5 points 2 days ago (1 children)

Not to mention now they're doing pokemon tcg, that just prints money.

[–] ryannathans@aussie.zone 5 points 2 days ago (1 children)

Oh yeah the trading card business too, plus all the homewares now. Currently eating dumplings out of a pokemon licenced bowl manufactured by gamestop

[–] sneaky@r.nf 0 points 2 days ago (1 children)

Good luck man. What happened last time they got a huge influx of cash from retail traders? From what I read they wasted it in NFTs.

Now they're wasting it on trading cards. The company is floundering. Surviving purely from generational nostalgia at this point. When that runs out the rug will be pulled.

[–] ryannathans@aussie.zone 2 points 1 day ago (1 children)

They never bought NFTs, they built a website for trading NFTs. Very minimal expense that's already written off as it got banned by the US govt

[–] sneaky@r.nf 1 points 1 day ago

Fair enough they didn't outright buy NFTs. They attempted to enter the market and failed. It's still a loss. And I'm not feeling great about the trading card idea. But hey we'll see, maybe it works out for them this time.