GameStop

GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas (a suburb of Dallas), and is the largest video game retailer worldwide. As of January 29 2022, the company operated 4,573 stores including 3,018 in the United States, 231 in Canada, 417 in Australia and 907 in Europeunder the GameStop, EB Games, EB Games Australia, 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-late 2010s due to the shift of video game sales to online shopping and downloads and failed investments by GameStop in smartphoneretail. In 2021 however, the company's stock price skyrocketed due to a short squeezeorchestrated by users of the Internet forum r/wallstreetbets. The company received significant media attention during January and February of 2021 due to the volatility of its stock price and the GameStop short squeeze. The company is now ranked 521st on the Fortune 500. In addition to retail stores, GameStop owns and publishes Game Informer, a video game magazine.