GameStop

GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer, headquartered in Grapevine, Texas (a suburb of Dallas–Fort Worth). The brand is the largest video game retailer worldwide. As of January 2026, the company operated 2,206 stores including 1,598 in the United States, 300 in Australia and 308 in Europe under the GameStop, EB Games, Micromania-Zing, ThinkGeek and Zing Pop Culture brands. The company was founded in Dallas in 1984 as Babbage's, and took on its current name in 1999. The company's performance declined during the mid-to-late 2010s due to the shift of video game sales to online shopping and failed investments by GameStop in smartphone retail. In 2021, after retail investors on Reddit noticed that the short interest exceeded 100%, the company's stock price skyrocketed from $17.25 to over US$500 per share. According to the SEC report, this volatility was only in part due to the massive buying power of retail investors. The company received significant media attention during January and February 2021 due to the volatility of its stock price in the GameStop short squeeze; the company was ranked 577th on the Fortune 500. GameStop also used to own and publish the video game magazine Game Informer before discontinuing it in August 2024 and selling it to Gunzilla Games in 2025. Over 400 GameStop stores closed in January 2025 due to a decline in sales, at pace to close twice as many as the company did in 2024. Consumer shift to the online marketplace has led to a decline in revenue. This represents the highest number of stores that GameStop has closed in a single month. On March 25, 2025, GameStop announced a plan to use its cash reserves to buy Bitcoin.