GameStop Now Owns and Operates 1,000 Technology Brand Stores Nationwide
December 10 2015 - 12:19PM
Business Wire
Specialty Retailer Grows AT&T Wireless and
Apple Store Locations by 588 Percent in Two Years
GameStop, a family of specialty retail brands that make the most
popular technologies affordable and simple, today celebrated a
significant milestone opening its 1,000th technology brand store.
With this announcement, the family of specialty retail brands now
boasts the title of largest video game retailer in the world, as
well as the largest AT&T authorized retailer and largest
Apple-authorized specialist in the United States.
GameStop launched its new Technology Brands segment in 2013 when
it acquired Simply Mac, the largest certified reseller of Apple
products, and Spring Mobile, the fastest growing AT&T
authorized retailer of wireless services. GameStop expanded its
technology brands later that year by entering into a strategic
dealer agreement with Cricket Wireless, an AT&T subsidiary
offering premium non-contract wireless service. Since its first
technology brand acquisition in 2013, the specialty retailer has
grown its Technology Brands holdings by 588 percent, adding more
than 450 locations this year alone.
“It is incredibly gratifying to reach this milestone because it
means the very best in high-quality, affordable Apple and AT&T
products and wireless plans are now available to even more
customers across the country,” said Jason Ellis, senior vice
president of Technology Brands for GameStop. “Each new store
opening reinforces our goal of expanding our national footprint to
address the insatiable demand for value, variety and convenience to
customers in markets that previously have been underserviced.”
Spring Mobile is responsible for advancing much of the
GameStop’s Technology Brands growth. Its rapid growth has been
unprecedented in the wireless reseller industry and is evident of
the ever-growing demand for AT&T products and services. The
Utah-based retailer of AT&T wireless phones and services has
acquired 27 AT&T dealers and 433 new doors under the GameStop
umbrella. This year, Spring Mobile acquired 69 stores in northern
California from Parrot Cellular, 56 stores in Oregon and Washington
from Smart Wireless and 50 stores in Florida from Nobile
Communications, among other deals. The purchases this year
strengthened the brand’s concentration in the West and expanded it
into seven new states – Florida, Louisiana, Massachusetts,
Michigan, North Carolina, Ohio and South Carolina.
With continued investments, GameStop’s
Technology Brands segment will continue to expand rapidly toward
its goal of generating $1.5 billion in revenues by 2019.
About GameStop
GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500
company headquartered in Grapevine, Texas, is a global,
multichannel video game, consumer electronics and wireless services
retailer. GameStop operates more than 6,900 stores across 14
countries. The company’s consumer product network also includes
www.gamestop.com; www.Kongregate.com, a leading browser-based game
site; Game Informer® magazine, the world’s leading print and
digital video game publication; and ThinkGeek, www.thinkgeek.com,
the premier retailer for the global geek community featuring
exclusive and unique video game and pop culture products. In
addition, our Technology Brands segment includes Simply Mac and
Spring Mobile stores. Simply Mac, www.simplymac.com, operates 76
stores, selling the full line of Apple products, including laptops,
tablets, and smartphones and offering Apple certified warranty and
repair services. Spring Mobile, http://springmobile.com, sells
post-paid AT&T services and wireless products through its 857
AT&T branded stores and offers pre-paid wireless services,
devices and related accessories through its 71 Cricket branded
stores in select markets in the U.S.
General information about GameStop Corp. can be obtained at the
company's corporate website. Follow GameStop on Twitter @
www.twitter.com/GameStop and find GameStop on Facebook @
www.facebook.com/GameStop.
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version on businesswire.com: http://www.businesswire.com/news/home/20151210006133/en/
Jackie SmithGameStop
Corp.817-722-7520jackiesmith@gamestop.com
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