Gamestation

Gamestation

Infobox_Company |
company_name = Gamestation
company_
company_type = Retail store
foundation = 1993
location = UK
key_people = Stephen Hall
Julian Gladwin (co-founders)
num_employees =
industry = video games
products = Games Consoles
Computer Games
Accessories
parent = GAME
revenue =
net_income =
homepage = http://www.gamestation.co.uk

Gamestation is a chain of UK retail shops selling used and new video games, and was the second-largest specialist video game retailer in the UK until they were bought out by GAME, a group which owns many different gaming stores throughout the UK and Europe. It is fully owned and operated by GAME, which bought the chain in 2007. [ [http://www.mcvuk.com/news/26856/GAME-acquires-Gamestation-in-74-million-deal GAME acquires Gamestation in £74 million deal - www.mcvuk.com ] ] This deal was referred to the competition commission and was finally cleared many months after, much to the frustration of many smaller video game outlets and websites,Fact|date=August 2008 GAME now operate and control a very large part of the UK market and are expanding in Europe.Fact|date=August 2008

The business was originally sold by its founders during the peak sales period of PlayStation 2 to American video rental giant Blockbuster who invested heavily in an aggressive store roll out program. This, coupled with competitive pricing subsidised by the buoyant video rental market of the time, elevated the chain to second highest market share in the UK games industry; only peaked by GAME themselves.

Opinion is still divided whether the company's reversal of fortune was driven by the wane in demand for video rental mid-decade or the cyclical nature of the games industry but 2006 saw their American parent company file massive debts in the region of $550 million, leading to widespread speculation that the company was either rife to a take over or brinkering on the edge of administration.Fact|date=August 2008

Gamestation currently have over 240 outlets in the UK. [ [http://www.gamestation.co.uk/about.asp GAMESTATION About Gamestation ] ] Their smaller "concession" stores, that operate inside of some Blockbuster stores, were not involved in the GAME takeover and are now owned by Blockbuster exclusively. These stores have since been rebranded as 'Blockbuster Games' stores and no longer operate under the Gamestation logo. Their current base of operations is Stirling Park in York.Fact|date=August 2008

Blockbuster Inc. said on Wednesday 2 May 2007 it had sold Gamestation Ltd. to British-based GAME Group Plc for about £75 million ($150 million) in cash.Fact|date=August 2008

Deals and appeal

Until they bought Gamestation, GAME were considered to be Gamestation's primary competitor. Gamestation's main method of attracting customers is to put on more special offers than their competitor as well as focusing on pre-owned games and large discounts on older titles.Fact|date=August 2008

The chain focuses on the current generations of consoles: PlayStation 2, PlayStation 3, Xbox, Xbox 360, GameCube, Wii, Nintendo DS, Game Boy Advance and PlayStation Portable as well as the PC. They also sell, and accept as part exchange, games and consoles from older generations, such as the Sega Master System, Sega Mega Drive, Sega Saturn, Sega Dreamcast, NES, Super NES, Nintendo 64 and PlayStation. Game accessories for the older consoles are also available. They were one of the first UK stores to reduce the price of the PlayStation 3 to £399.99 (from £424.99) including on Blu-ray.Fact|date=August 2008 This rivalled a similar offer from play.com, bundling a PlayStation 3 with a free HDMI and Click on Blu-ray for the same price.

Gamestation advertise their Christmas promotions with 'Fat Chris' which is a parody of Father Christmas (advertised as "What's half of Father Christmas?" - "Fat Chris!"). He was used for Christmas 2006 and made a return for Christmas 2007.

References


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