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Report: Best Buy Might Buy GameStop

By - Source: Tom's Hardware US | B 42 comments

Here's a juicy rumor to kick start your week: Best Buy and GameStop, together forever!

You heard right, folks. Rumor has it Best Buy could be eyeing up GameStop as an acquisition target. While initial rumors first did the rounds last week, Best Buy CFO Ryan Robinson, did nothing to dispel speculative reports by refusing to comment this past weekend.

Kotaku reports that Robinson spoke to Dow Jones Newswires and said just enough to keep people wondering:

"What I think is something that we've missed in the industry and is something other participants have been doing is the proportion of business that is used," Robinson told DJ Newswires. "We've not developed the capability to the extent that other participants have. It's a very margin-rich portion, so I think there's opportunity in that business."

What do you think of a Best Buy/GameStop merger, yay or nay? Let us know in the comments below!

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  • 14 Hide
    doomtomb , September 21, 2009 2:04 PM
    So Circuit City lost to the competition and now Best Buy wants to take out the single biggest game competitor, GameStop. Sure GameStop isn't the most popular of places among readers here from what I've gathered in other articles but they have never treated me wrongly. And Best Buy's prices and crap and will continue to worse as the competition gets eaten up by the big fish.

    Newegg forever.
Other Comments
  • 14 Hide
    doomtomb , September 21, 2009 2:04 PM
    So Circuit City lost to the competition and now Best Buy wants to take out the single biggest game competitor, GameStop. Sure GameStop isn't the most popular of places among readers here from what I've gathered in other articles but they have never treated me wrongly. And Best Buy's prices and crap and will continue to worse as the competition gets eaten up by the big fish.

    Newegg forever.
  • 1 Hide
    Pei-chen , September 21, 2009 2:06 PM
    doomtombSo Circuit City lost to the competition and now Best Buy wants to take out the single biggest game competitor, GameStop. Sure GameStop isn't the most popular of places among readers here from what I've gathered in other articles but they have never treated me wrongly. And Best Buy's prices and crap and will continue to worse as the competition gets eaten up by the big fish.Newegg forever.

    There is always Newegg, Amazon and Steam.
  • -1 Hide
    taiso , September 21, 2009 2:06 PM
    haha does that mean i get staff price at game stop now as well? (i work at future shop). but seriously though i think best buy is becoming a monopoly in both electronic retail and games.
  • 0 Hide
    Anonymous , September 21, 2009 2:10 PM
    Actually I purchase most of my games from amazon.
  • 8 Hide
    bourgeoisdude , September 21, 2009 2:16 PM
    Ack! I can't think of any way that this would benefit consumers. I have no major problems with Gamestop the way it is, so I'd have to vote 'nay'.
  • 2 Hide
    burnley14 , September 21, 2009 2:23 PM
    Not a huge issue for me. I haven't been inside a gamestop store in years. Half.com is the place to go for buying and selling games.
  • 1 Hide
    uronacid , September 21, 2009 2:26 PM
    No way, my wife works for gamestop. This would be terrible considering the comments stemming from BestBuy employees about their working conditions.
  • 0 Hide
    sot010174 , September 21, 2009 2:28 PM
    I think It's dumb. They should focus on creating an online distribution system, or teaming up with Steam. The games's brick and mortar shops will slowly die in like 10-20 years time.
  • 0 Hide
    jellico , September 21, 2009 2:42 PM
    Well, I'm not sanguine about such a merger. However, as Pei-chen pointed out, there are alternatives. Newegg and Amazon for mail-order. Walmart for in-town purchase. Steam for online-download purchase.
  • 0 Hide
    Kithzaru , September 21, 2009 2:58 PM
    Wonder if Best Buy is doing this as a retaliation to Wal-Mart for picking up their electronics section.

    Wasn't there a quote from Wal Mart saying they wanted to replace Circuit City and Best Buy?
  • 5 Hide
    Parrdacc , September 21, 2009 3:36 PM
    My vote is Nay! Simply cause I would like the option of choosing who to do my business with. With all these companies out there merging or taking over it cuts into consumers options. Pretty soon, if this keeps up, I and others will not have an option. The worst thing I can think of in this world is not having a choice.
  • 1 Hide
    Tedders , September 21, 2009 3:38 PM
    NOOOOOOOOOOO
  • 4 Hide
    rocket_sauce , September 21, 2009 3:46 PM
    I think this is bad news... Best Buy screws up pre-orders and don't do crap about it. "Oh well, we don't have it"...I had all but written them off (for games) after the 3rd time. Gamestop has never disappointed me with anything. Hope its more of a merger and they are still an independent branch or something.
  • 5 Hide
    Caffeinecarl , September 21, 2009 3:55 PM
    Nay. Enough competition has already disappeared.
  • 0 Hide
    Mach5Motorsport , September 21, 2009 4:00 PM
    WOW, a quick way to make Gamestop even more craptastic.
  • 0 Hide
    Kaiser_25 , September 21, 2009 4:22 PM
    Ya Best Buy and GameStop...a perfect match in company greed, they both overcharge and have low level personnel, BUT they must have good management/advertising to be doing so well.
  • 0 Hide
    Kaiser_25 , September 21, 2009 4:25 PM
    Oh ya remember the movie WALL-E? BUY-N-LARGE ya i think were headed that way like one or two huge conglomerates.
  • 0 Hide
    dark_lord69 , September 21, 2009 4:36 PM
    I don't see any reason that this would be a good thing...
    If they didn't buy them it would just keep competition going.
  • 0 Hide
    hardwarekid9756 , September 21, 2009 4:58 PM
    Welcome to World 2.0, everybody. Where physical business's new competition is Internet. There's no such thing as "BBY vs CCY" it's not, Big-Box retail vs. Convenient, bought-in-bulk online orders. I like it, personally. But, until shipping and product transportation increases it's sophistication, there will always be a place for big-box.
  • 2 Hide
    Andraxxus , September 21, 2009 5:02 PM
    Another one bites the dust.
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