Gamestop
 |
|
| Public | |
| Traded as | : GME S&P 400 Component |
| Industry | Retail |
| Founded | 1984 (as Babbage's) Dallas, Texas, U.S. |
| Founder | James McCurry Gary M. Kusin |
| Headquarters | Grapevine, Texas, U.S. |
|
Number of locations
|
7117 (2016) |
|
Area served
|
Worldwide |
|
Key people
|
Daniel DeMatteo (Executive Chairman) J. Paul Raines (CEO) |
| Products |
Video games Consoles Accessories |
| Revenue |  US$ 9.0 billion (2014) |
 US$ 598.9 million (2014)
|
|
|
US$ 354.2 million (2014)
|
|
| Total assets |
US$ 4.1 billion (2014)
|
| Total equity |
US$ 2.3 billion (2014)
|
|
Number of employees
|
20,000 full-time (2016) |
| Divisions | GameStop EB Games Babbage's Micromania Kongregate Game Informer Impulse ThinkGeek Zing Pop Culture Geeknet |
| Website | GameStop.com |
GameStop Corp., or simply referred to as GameStop, is an American video game, consumer electronics, and wireless services retailer. The company is headquartered in Grapevine, Texas, United States, and operates 7,117 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe. The company's retail stores primarily operate under the GameStop, EB Games, and Micromania brands.
In addition to retail stores, GameStop also owns Kongregate, a site for browser-based video games; and Game Informer, a video game magazine; Simply Mac, an Apple products reseller; and Spring Mobile, an AT&T wireless reseller. It also operates Cricket Wireless branded retail stores as an authorized agent. Cricket is an AT&T brand pre-paid wireless retailer.J. Paul Raines is GameStop's chief executive officer, and Daniel DeMatteo serves as executive chairman.
GameStop is divided into two operating segments: Video Game Brands and Technology Brands. The Technology Brands was created during the fourth quarter of 2013, and houses the companies Simply Mac, Spring Mobile, and Cricket Wireless business. As of April 2014, the Technology Brands segment included 218 retail outlets. GameStop's Video Game Brands includes the company's other businesses such as video game and consumer electronics retail shops; Kongregate, a digital video game distribution site; and buymytronics.com, a consumer electronics marketplace. Pre-owned and value video games accounted for 47% of GameStop's gross revenue for the fiscal year ending February 2014.
GameStop traces its roots to Babbage's, a Dallas, Texas-based software retailer founded in 1984 by former Harvard Business School classmates James McCurry and Gary M. Kusin. The company was named after Charles Babbage and opened its first store in Dallas's North Park Center with the help of Ross Perot, an early investor in the company. The company quickly began to focus on video game sales for the then-dominant Atari 2600. Babbage's began selling Nintendo games in 1987. The company went public in 1988. By 1991, video games accounted for two-thirds of Babbage's sales.
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Wikipedia