Game Station GameStop Corp. (NYSE: GME) was founded in 1994, formerly GSC Holdings Corp., headquartered in Grapevine, Texas, with 14,000 full-time employees, is the largest video game retailer in North America and currently has a global scale The largest retail giant of video games and entertainment software.
Game Station GameStop (GME):
GameStop Corporation’s chain stores are dominated by the two brands GameStop and EB Games. The company has two e-commerce websites, mainly engaged in online shopping business, GameStop.com and Ebgames.com. GameStop also publishes its own TV and computer game magazine called “Game Informer”.
In addition to consoles and computer games, GameStop also sells game magazines, game guides, entertainment-related DVDs and some other related products. One of GameStop’s main sources of profit is to buy back old versions of games and movies from customers, and then sell them to new customers at a higher price.
Now GameStop company has launched a new conceptual business model, opening chain stores called MovieStop everywhere, mainly selling movies. This new chain store has begun operations in some parts of the southeastern United States, including the Dallas area.
As of March 28, 2018, GameStop operates approximately 7,200 stores in 14 countries.
As of February 1, 2020, GameStop operates 5,509 stores in 14 countries.
- In 1983, the predecessor of GameStop, a small software retail store called “Babbage’s” opened in Dallas, Texas;
- Beginning in 1994, Babbage’s began a series of commercial acquisitions and mergers, and eventually changed its name to GameStop;
- In 1994, Babbage’s and Software Etc. merged to form a new company, NeoStar Retail;
- In 1996, NeoStar Retail was reorganized in accordance with Chapter 11 of the U.S. Bankruptcy Law. At that time, the company had about 800 stores in the United States, all of which were acquired by several potential buyers with strong assets;
- In 2000, GameStop and Funcoland stores merged;
- In 2002, GameStop bought out the franchise of Gamesworld Ireland at one time, and then immediately took over the 10 stores of Gamesworld;
- On November 12, 2004, GameStop separated from the Barnes & Noble bookstore and became an independent entity company; until today, the employees of GameStop and Barnes & Noble are still able to enjoy the employee discount of each other’s store;
- In 2005, GameStop merged with Electronics Boutique (now EB Games);
- As of January 31, 2015, GameStop Game Station opened approximately 6,690 game retail stores in the United States, Europe, Australia and Canada under the names of GameStop, EB Games, and Micromania.
- As of March 28, 2018, GameStop operates approximately 7,200 stores in 14 countries.