Specialty Retailer Grows AT&T Wireless and Apple Store Locations by
588 Percent in Two Years
GRAPEVINE, Texas--(BUSINESS WIRE)--Dec. 10, 2015--
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151210006133/en/
Source: GameStop Corp.
Jackie Smith
GameStop Corp.
817-722-7520
jackiesmith@gamestop.com
