“The proposal does not sound like a “terribly good offer” as it would saddle eBay with GameStop’s debt, said Sucharita Kodali, a retail analyst at research firm Forrester.”
Ah, there it is. Any time I’ve poked my head through the door of a Gamestop in the past 5 years it has been an empty ghost town mostly stocked with crappy funco pops.
Like Free-to-Play games and Casinos, they “make their real money” on whales. Go step foot in a Best-Buy; 95% of the time, the employee-to-customer-ratio is about 5-to-1, or worse.
To be clear, I think basing one’s business on that concept is delusional at-best, but its what a “profitable” retail chain has looked-like to share-holders for at least the last 30 years.
“The proposal does not sound like a “terribly good offer” as it would saddle eBay with GameStop’s debt, said Sucharita Kodali, a retail analyst at research firm Forrester.”
Ah, there it is. Any time I’ve poked my head through the door of a Gamestop in the past 5 years it has been an empty ghost town mostly stocked with crappy funco pops.
Like Free-to-Play games and Casinos, they “make their real money” on whales. Go step foot in a Best-Buy; 95% of the time, the employee-to-customer-ratio is about 5-to-1, or worse.
To be clear, I think basing one’s business on that concept is delusional at-best, but its what a “profitable” retail chain has looked-like to share-holders for at least the last 30 years.