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Showing posts from September, 2019

The Death of GameStop

So this is finally it.  We are witnessing the demise of the often beloved (or despised, depending on the person you talk to) company GameStop in real time.  And what a wild ride it has been so far.  The latest salvo of information comes from the now very beloved former GameStop manager, turned YouTuber and unapologetic GameStop-information leaker Cody (aka @CAMELOT331 ): Here it is. The shocking news you've been waiting for. You will not believe what is happening next. It truly is Game over. https://t.co/WY6WmWWa55 — CAMELOT331 (@CAMELOT331) September 4, 2019 The video proceeds to lay out in detail the final of GameStop's multi-tiered Phase program that the company is implementing in order to attempt to resuscitate it's failing business model.  This is known as " Phase 3 ," a conclusive shuttering of 2400 stores (down from 4,400~) across the nation in order to consolidate down expenses and start anew with a fresh vision after Q4 concludes.  This will al