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Gamestop

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Corporation

The Resume

    (1984- )
    GameStop Corp.
    Founders: James McCurry and Gary M. Kusin
    Founded as Babbage's in Dallas
    Became GameStop in 1999
    Headquartered in Grapevine, Texas
    Locations: 4,816 (as of 2021)
    Employees: 35,000 (as of 2020)
    Retail gaming and trade-in destination for Xbox, PlayStation, and Nintendo games, systems, consoles & accessories

Why Gamestop might be annoying:

    It has gone through CEOs like kleenex.
    Ross Perot was an early silent partner.
    They stumbled right out of the gate by opening directly after the great Video Game Crash of 1983.
    It tried and failed to expand into the home video market with the short-lived MovieStop.
    Franchises have a history of treating its employees poorly or indifferently.
    They buy used games for less than ten percent of their worth and then market them at the full retail price.
    Customers have complained employees spend too much time trying to introduce them to new ways to try games before buying them, rather than just letting them buy the damned game.
    Its performance declined during the mid-late 2010s due to the shift of video game sales to online shopping and downloads and failed investments by GameStop in smartphone retail.
    A short squeeze of its stock and other securities was orchestrated by Reddit users, causing major financial consequences for certain hedge funds and large losses for short sellers (2021).

Why Gamestop might not be annoying:

    It is the largest video game retailer in the world.
    It is still a popular local hangout for schoolkids.
    It has thus far managed to avoid the fate of Blockbuster.
    It launched the well-known PowerUp Rewards program, allowing members to save money off select purchases.
    When the program launched, it obtained more than 10 million members in its first year.
    Higher-tier members of the reward program also receive issues of the Game Informer magazine it publishes.
    They have their own browser based video game website.
    It has launched exclusive downloadable content amongst certain game titles.
    Its expansion into the digital market helped it to successfully weather the Covid-19 lockdowns.
    Its stocks saw a a fifty percent rise after Elon Musk retweeted a link to Reddit’s Wall Street bets stock trading discussion group.

Credit: BoyWiththeGreenHair


Featured in the following Annoying Collections:

Year In Review:

    For 2024, as of last weekly ranking, Out of 1 Votes: 100% Annoying
    In 2023, Out of 40 Votes: 32.50% Annoying
    In 2022, Out of 103 Votes: 52.43% Annoying