Who is gamestops competition

Thanks to Gamestop's smart strategy, growth is likely to continue, according to Stephen Ward, commercial director of retail analysis firm Conlumino. Many people assume that the videogame seller will go the route of book, music, and video stores, reports Joshua Brustein at Bloomberg Businessweek. The company lets customers come in to download video games and other licensed products, such as other game levels. There are no other major retailers who focus only on videogames.

The company also has trade-in and loyalty programs that are unrivaled by competitors, according to Businessweek. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation.

Good Subscriber Account active since Shortcuts. GameStop is among the latest retailers requiring masks to be worn in their stores to control the spread of the coronavirus COVID However, despite GameStop masks requirement to enter stores, employees cannot actually refuse service to customers without one.

Ryan Cohen — who founded pet supply retailer Chewy. As the company told investors on September 10 , its total sales declined Sadly an immediate turnaround is not imminent. He told investors on the conference call that he has been cutting costs — with plans to close to stores this fiscal year. Sherman is also pushing the company to implement a so-called omni-channel model.

Admittedly it takes time to turn around a company that appears to be heading the way of the dodo. I think investors would tolerate losses were GameStop able to grow its top line. To pull ahead of Amazon, GameStop would need to offer consumers a better selection of products, at a lower price, with faster and more reliable delivery. That superior scale means that Amazon can get more substantial volume discounts from suppliers, build huge warehouses and tentacle-like transportation networks to get products to the customer quickly, and offer relatively good customer service.

Is there anything GameStop can do to come close to matching Amazon on selection, price, service delivery and quality?