Fundamental Headwinds Could Spell Game Over For GameStop - Seeking Alpha
GameStop Corp (GME), currently runs 6,627 video game retail stores and an online store, but the business may be going the way of the record store. The company used to dominate sales in the video game industry, but improvements in technology and distribution are rendering its business model obsolete.GameStop has three primary revenue sources. The first is sales of new physical video games, customers walking into the store and buying a new game in the box from the shelf. The second is the company's trade in program, where it exchanges used games for credit towards new games, then resells the... Read full post here