Jul 07
adminBusiness Gamestop, overview, strategic
Here is part two of my Gamestop Analysis for Strategic management at UTD.
Even with increasing competition, Gamestop has used the current boom in the videogame industry to expand its base and exposure at an increasing pace. Gamestop has had at least a 40% increase in stock appreciation per year every year since 2003, and was ranked as the 7th fastest growing retailer from 2000-2005, by two different independent national reports (Gamestop Investment Annual Meeting). The Corporation has used the increasing influx of cash to open new stores at an increasing pace, while simultaneously decrease the company’s debt. This optimized business plan will allow Gamestop to continue to grow at a record pace while lowering overall debt. As long as the videogame industry as a whole continues its record expansion Gamestop can continue to be the leading retailer in the industry as long as the firm pays attention and reacts to the actions of its direct competitors and future potential competitors.
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Jun 29
adminBusiness Gamestop, outlook, overview, paper, profit, school
Well, before I lost my ENTIRE database.. I had begun posting on of my senior papers. This paper focused on one of the more successful companies in this economic uncertainty… Gamestop. Below is part one of my paper.
Gamestop – Strategic Outlook
Gamestop is currently the largest video game retailer in the world. Globally, Gamestop operates over 5,100 stores and continues to add new stores constantly (Reuters Financial Website). This company also operates two online retail websites called Gamestop.com and EBgames.com. It also owns a leading multi-platform gaming publication called Game Informer. GameStop’s primary function is to sell both new and used video game software, hardware, and accessories from the leading game companies including Microsoft, Nintendo, and Sony. This company also sells PC software, accessories, and other related merchandise including toys, cards, and movies (Reuters Financial Website). This paper explores what Gamestop should do strategically over the next decade; I will argue that the most effective steps for this company to take will be continued national and international expansion, a larger online presence due to increased competition, and a larger focus on the used videogame market.
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