GameStop Corp. (NYSE:GME) Had The Best Holiday Sales


Dallas, Texas 12/02/2013 (Financialstrend) – Black Friday is finally past and all businesses have now got a taste of what the holiday season will be like. Crowds have been thronging to GameStop Corp. (NYSE:GME) and may other stores that sell technology products. Of course, the two hottest products that GameStop Corp. (NYSE:GME) is selling this year are the Xbox One and the PS4. They both were launched in time to catch the holiday season.

Heavy discounts

GameStop Corp. (NYSE:GME) is offering very hefty deals and discounts for gamers and the Black Friday offers will be carried forward into the holiday season as well. The Xbox 360 bundle includes a 250GB hard drive, Tomb Raider and Halo 4 for a discounted price if $199 which is a definite steal. Another attractive offer is the PS3 Bundle that has a 250GB hard drive, Batman: Arkham Origins and The Last of Us again for $199. Apart from this, the company is offering various deals for its core business- selling pre-owned games, consoles and accessories.

Apart from this, the company is also offering the Xbox One bundle. This bundle includes Ryse: The Son of Rome and Dead rising 3, a $20 gift card and an extra controller. The Last of Us all at $700. GameStop Corp. (NYSE:GME) is expecting some major footfalls at its stores and has hired 17,000 more employees as staff at its various stores.

Only time will tell if these deals can outdo the ones that Best Buy Co., Inc. (NYSE:BBY) is offering. GameStop Corp. (NYSE:GME) preferred to trod a different path and did not open its doors for customers on Thanksgiving Day. It preferred to open shutters on Friday morning.

Simply Smart

The company has been doing things a little differently lately and also very recently  closed its Simply Mac acquisition. Apple Inc (NASDAQ:AAPL) products are widely used in many cities across the United States and the company has a maze of authorized service centers. But the smaller cities tens to suffer on this count and these areas can definitely be a lucrative market for servicing Apple products.

Simply Mac is an Apple Inc (NASDAQ:AAPL) authorized retail-chain that operates centers that are largely located in the Mountain West region. With the Simply Mac acquisition, GameStop Corp. (NYSE:GME) is focusing on bringing the excellence of an Apple Store experience to the smaller cities that are scattered across the U.S.

Building synergies

This particular acquisition will definitely be a value-add for both the companies in many different ways. Very recently, GameStop Corp. (NYSE:GME) executives said that the fact that the Simply Mac stores are located near existing GameStop locations will help them leverage the latter’s real-estate expertise. They will also be able to utilize the company’s PowerUp Rewards which will go a long way in adding to the profitability of both the companies.

Apart from this, GameStop Corp. (NYSE:GME) also acquired Spring Wireless recently which will give it a boost into the wireless and mobile phones space. Now, this holds even more relevance with the Simply Mac acquisition.