As an avid gamer, i know (as do most) the future is digital downloads. There is no reason for a company like this to be the "middle man". As much as I like owning a physical copy of the games, I'm a minority. Most people are lazy and want gaming on demand. Its like vinyl records.
Gamestop is quite reminiscent of another distributer (cough...blockbuster...cough) that got hurt by the transition to the digital distribution model - I can't see why Gamestop is any different.
And with companies like Steam, and EA (with origin) and other more independents leading the digital distribution model, this company is game over.
Not to mention, the CEO talking about making the company some sort of Apple / cell phone distributor or some s*#@ is nothing but bad news bears.
Anyway, on a larger time frame, please see my older chart here:
But... It does mean the end of GameStop. The difference is that stores like Walmart and Target can adjust shelf space based on demand and focus more on spillover sales (you bought a video game AND a soda AND something else). GameStop doesn't have that backing