Drop Store Shutting Down, Corsair to Take Over Operations
Drop, a notable online retailer specializing in hardware collaborations and distinctive keycaps, is slated to conclude its independent e-commerce operations by the end of March. The company's parent entity, Corsair, will subsequently manage existing pre-orders and honor product warranties. However, consumers should be aware that certain niche collaborations and unique product offerings might not be available for future purchase under Corsair's direct retail management.
As per an official announcement, Drop will no longer function as a distinct retail platform after March 31st. While customers will still have access to their order histories post-closure, any remaining Drop Rewards will become void after March 25th. This means enthusiasts for items such as the 'Lord of the Rings' themed keycaps or unique artisan designs have a limited window, specifically until 11:59 PM PT on March 25th, to finalize their purchases.
Andrew Williams, a marketing manager at Corsair, indicated that while many of Drop's products will transition to Corsair's direct sales channels, or be available through major retailers like Amazon and Best Buy, some collaborations, particularly those involving other hardware manufacturers such as Sennheiser and Koss, are unlikely to reappear. This strategic decision aligns with Corsair's existing product lines, such as gaming headsets, to avoid internal competition. Williams affirmed that popular and commercially successful Drop products would continue to be offered through Corsair.
Corsair's acquisition of Drop occurred in 2023, making this closure less than three years after the integration. A positive outcome of this transition is the reported absence of layoffs among Drop's personnel, who were absorbed into Corsair's workforce. This stands in contrast to a broader industry trend of significant job reductions seen in recent years, including major tech companies like Microsoft, Intel, and Google.
The gaming industry, in particular, has experienced considerable restructuring. Recent events include Ubisoft's mandate for employees to return to the office, along with forthcoming studio closures, and the unexpected shutdown of Midsummer studio, founded by XCOM designer Jake Solomon. Additionally, Wildlight Entertainment, the developer of Highguard, and Skate studio Full Circle have both reportedly reduced their staff. A GDC survey revealed that approximately one-third of US gaming industry professionals faced layoffs within the last two years, highlighting a pervasive instability within the sector.
The impending cessation of Drop's independent storefront signifies a shift in the specialized hardware market, with Corsair integrating its operations. While this consolidation ensures the continuity of many beloved products and preserves employment for Drop’s staff, it also marks the end of an era for a platform celebrated for its distinctive collaborative ventures and unique mechanical keyboard offerings.
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