GameStop : Powering the Gaming Universe
GameStop Corp., headquartered in Grapevine, Texas, holds the title of being the largest video game retailer globally. Founded in 1984 in Dallas, Texas, by Gary M. Kusin and James McCurry, this gaming giant has come a long way since its inception.
- GameStop Official Website
- YouTube – What really happened to GameStop?
- YouTube – I Went to Gamestop in All 50 States
A Journey Through Time
GameStop began its journey as “Babbage’s” in 1984 and rebranded itself as GameStop in 1999. Over the years, it has evolved into a gaming mecca with a staggering 4,413 locations as of January 2023. With 11,000 full-time and 14,000-27,000 part-time employees, GameStop is not just a retailer; it’s an institution.
GameStop’s Impact on the Gaming Industry
Apart from its retail prowess, GameStop has made its mark in the gaming world with titles like “Has-Been Heroes” and “Deformers,” both released in 2017.
Stock Market Saga
GameStop’s stock price, listed as GME on NYSE, is a topic of discussion in the financial world. On September 19, 2023, it closed at US$17.52, showing a slight increase of 0.06%.
This iconic retailer’s journey from a humble store in Dallas to a global gaming powerhouse is nothing short of remarkable. For more in-depth information, you can explore the Wikipedia page on GameStop and articles like “When the Game Stops” and “Controversy Over GameStop’s Stock Market Saga Explained.”
GameStop Corp. continues to shape the gaming industry and capture the hearts of gamers worldwide, making it a fascinating subject of study and admiration.
Important Info:
Certainly, let’s break down the important information into subheadings for easy reference:
Logo since 2000
– GameStop has had its current logo since the year 2000.
Formerly Known As Babbage’s (1984–1999)
– GameStop was previously known as “Babbage’s” from 1984 to 1999.
Type: Public
– GameStop is a publicly-traded company.
Traded as
– GameStop’s stock is traded on the NYSE under the ticker symbol GME (Class A).
– It is also part of the S&P 400 index.
Industry: Retail
– GameStop operates in the retail industry.
Predecessors
– GameStop’s predecessors include “Software Etc.” and “Funco.”
Founded: 1984
– GameStop was founded in 1984, making it 39 years old as of the provided information.
Founders
– GameStop was founded by Leonard Riggio, Daniel DeMatteo, and Richard Fontaine.
Headquarters: Grapevine, Texas, U.S.
– The company is headquartered in Grapevine, Texas, United States.
Number of Locations: 4,413 (Jan 2023)
– GameStop has 4,413 locations as of January 2023.
Area Served: Several Countries
– GameStop serves customers in several countries.
Key People
– Ryan Cohen serves as the Executive Chairman of GameStop.
Products
– GameStop offers a range of products including video games, consoles, and accessories.
Financials (2022)
– Revenue: GameStop’s revenue decreased to US$5.93 billion in 2022.
– Operating Income: The company’s operating income increased by −US$312 million in 2022.
– Net Income: GameStop’s net income increased by −US$313 million in 2022.
– Total Assets: The total assets of the company decreased to US$3.11 billion in 2022.
– Total Equity: GameStop’s total equity decreased to US$1.32 billion in 2022.
Number of Employees (Jan 2023)
– GameStop employs 11,000 full-time employees and 14,000–27,000 part-time employees as of January 2023.
Parent Companies
– GameStop has been under different parent companies over the years:
– NeoStar Retail Group (1994–1996)
– Babbage’s Etc. (1996–1999)
– Barnes & Noble (1999–2004)
Subsidiaries
– GameStop has several subsidiaries, including:
– Babbage’s
– EB Games
– EB Games Australia
– Game Informer
– Geeknet
– Micromania-Zing
– Rhino Video Games
– ThinkGeek
– Zing Pop Culture Australia
Website
– GameStop’s official website is gamestop.com.
Please note that some information, such as financial figures and employee numbers, is based on data from the year 2022 and may have changed since then.
Additional Links:
- Wikipedia – GameStop
- ORF – When the game stops
- VOA News – Controversy Over GameStop’s Stock Market Saga Explained
FAQ’s
What kind of company is GameStop?
GameStop Corp., a Fortune 500 and S&P 500 company, is a global, multichannel video game, consumer electronics and collectibles retailer. GameStop operates more than 5,700 stores across 14 countries. GameStop is a family of specialty retailers that makes your favorite technologies affordable and simple.
What are some benefits of GameStop?
GameStop Employee Benefits
- Health & Wellness. Dental Benefits, Life Insurance, Medical Insurance, Vision Benefits, Flexible Spending Account (FSA), Disability Insurance, Health Savings Account (HSA)
- Workplace Culture.
- Financial Benefits & Perks.
- Life Outside of Work.
