https://investor.gamestop.com/news-rele ... mes-canadaGRAPEVINE, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that the Company plans to rebrand EB Games in Canada. By the end of this year, EB Games’ Canadian locations and online store will assume the GameStop brand and name. This decision follows our receipt of feedback from our valued customers and stockholders.
Nope. That's why I'm on the internet arguing with strangers. If I had anything better to do I'd probably be doing it.Do you not have anything else to do rather than argue with strangers on the internet
GameStop is huge internationally. I was pretty surprised at their presence around the world. It is no surprise their $#'s were not great. They can definitely cut a LOT of expenses by closing stores (which they have. Over 1k stores over the last year, I think).death_hawk wrote: ↑ TIL Gamestop owns EBGames
It's a lot easier to present paying to break your lease as a valid option if the other option is spending like $100k to totally redo the store and the outside signage.GhostBusters wrote: ↑ They shouldn't need a rebranding to shut down underperforming stores.
They should just shut them down.
Like I've said, it matters if this is what also drives the replacement of the EDGE program with PowerUp Rewards (among other things).
So why would people want them to become Gamestops? What's the benefit of that?chemicalxv wrote: ↑ Like I've said, it matters if this is what also drives the replacement of the EDGE program with PowerUp Rewards (among other things).
Here's the PowerUp Rewards page.
If you look at PowerUp Rewards Pro it is objectively worse than EDGE Platinum membership in every way.
1. $5 "Welcome Coupon" vs $10 extra trade credit coupon for Platinum. $10 > $5 and and you can literally trade in anything (including worthless $1 games) with said coupon.
2. $5 monthly reward coupon ($60/year) vs. 10% any time discount on basically everything they sell that's not a new game, new console, or non-Biogenik accessory, *that stacks with almost every used game promo they offer*. You can easily clear $60 in a month here, if you wanted to.
3. 10% extra trade credit. EDGE doesn't have an equivalent to this for Platinum (only Onyx) but EB also runs trade-in promos all the time that Gamestop does not. If you're not trading in during a promo where you get more than a 10% boost in value you're doing it wrong anyways.
And that's just the obvious stuff.
Ya so? The consumers will decide. If it’s that bad a deal they’ll vote with their wallet and go elsewhere and forget the membership altogether. Some may even finally switch to digital where theres often sales and my fav feature- game sharing for price of one. Gamestop/EB will realize that if they don’t up their competitiveness they’ll be out of business as they don’t have anything enticing compared to other retailers. If they wanna jump go ahead.chemicalxv wrote: ↑ Like I've said, it matters if this is what also drives the replacement of the EDGE program with PowerUp Rewards (among other things).
Here's the PowerUp Rewards page.
If you look at PowerUp Rewards Pro it is objectively worse than EDGE Platinum membership in every way.
1. $5 "Welcome Coupon" vs $10 extra trade credit coupon for Platinum. $10 > $5 and and you can literally trade in anything (including worthless $1 games) with said coupon.
2. $5 monthly reward coupon ($60/year) vs. 10% any time discount on basically everything they sell that's not a new game, new console, or non-Biogenik accessory, *that stacks with almost every used game promo they offer*. You can easily clear $60 in a month here, if you wanted to.
3. 10% extra trade credit. EDGE doesn't have an equivalent to this for Platinum (only Onyx) but EB also runs trade-in promos all the time that Gamestop does not. If you're not trading in during a promo where you get more than a 10% boost in value you're doing it wrong anyways.
And that's just the obvious stuff.
What does the Gamestop rebranding mean for Edge card users? Will everything stay the same?
There will be no changes to The EDGE program at this time. All the same benefits you have come to enjoy will remain the same. Your existing EDGE cards will remain active and still work! Newly branded cards will be forthcoming for new memberships or renewals.
Herein lies the problem. Name 3-4 competitors that are as specialized as EB Games that have their national reach. You can't.Tactical wrote: ↑ Ya so? The consumers will decide. If it’s that bad a deal they’ll vote with their wallet and go elsewhere and forget the membership altogether. Some may even finally switch to digital where theres often sales and my fav feature- game sharing for price of one. Gamestop/EB will realize that if they don’t up their competitiveness they’ll be out of business as they don’t have anything enticing compared to other retailers. If they wanna jump go ahead.
