What happened to ThinkGeek?

What happened to ThinkGeek?

After 20 years of serving the nerds of the internet with a wide variety of geek-related merchandise, ThinkGeek will officially close down its website and will migrate its operations over to its parent company GameStop’s website instead. In the meantime, the store is holding a 50 percent off “moving sale.”

Why did ThinkGeek shut down?

According to an FAQ sitting at the top of its site, ThinkGeek isn’t “shutting down,” it just won’t continue on as the site we’ve come to know, instead living on as a shadow of its former self as a section in GameStop (which acquired ThinkGeek in 2015 for a reported $140 million.)

Did GameStop close ThinkGeek?

On June 2, 2015, GameStop acquired ThinkGeek for $140m. Then, in June 2019, GameStop announced the discontinuation of ThinkGeek.com and the integration of its e-commerce platform to GameStop.com.

How much did GameStop buy ThinkGeek for?

$140 million
GameStop bought ThinkGeek in 2015 for $140 million as physical video game sales were declining. ThinkGeek has 40 locations across the country and GameStop has over 3,700 retail locations.

Why is GameStop closing down?

At the end of 2020, GameStop announced that they planned to close 1,000 stores by March of 2021. GameStop’s CFO Jim Bell explained the reasoning behind the closures, saying the move “will allow us to more efficiently and profitably service our customers.”

Can I use ThinkGeek gift cards at GameStop?

This gift card is redeemable only for the purchase of merchandise only in the U.S. at GameStop, ThinkGeek, EBGames, Babbage’s, EBX, and Planet X stores and online at GameStop.com and ThinkGeek.com. Card does not expire or impose any fees.

Can I use a ThinkGeek gift card at GameStop?

Can I use my ThinkGeek gift card at GameStop stores and Gamestop.com? Yes, ThinkGeek gift cards can be used just like a GameStop gift card at GameStop stores or online.

What is that store that is owned by GameStop?

As of 29 January 2022, the company operated 4,573 stores including 3,018 in the United States, 231 in Canada, 417 in Australia and 907 in Europe under the GameStop, EB Games, EB Games Australia, Micromania-Zing, ThinkGeek and Zing Pop Culture brands.

Do ThinkGeek gift cards work at GameStop?

This gift card is redeemable only for the purchase of merchandise only in the U.S. at GameStop, ThinkGeek, EB Games, Babbage’s, and Planet X stores and online at GameStop.com.

Is GameStop a dying company?

GameStop Stores Are Closing At the end of 2020, GameStop announced that they planned to close 1,000 stores by March of 2021.

How many Gamestops are left?

Now GameStop runs just around 4,816 stores today. But, what happened last year with GameStop’s stock has turned the company into a legend. From January 4, 2021 to January 29, 2021, the GameStop Corp.

Does GameStop buy gift cards 2022?

Consumers who have gift cards they don’t want now have the opportunity to trade them in for something else or cash.

Is GameStop declining?

All in all, for the full year GameStop reported a $215.3 million net loss during 2020, down year-over-year from a net loss of $470.9 million.

Can you still use ThinkGeek gift cards?

How long before GameStop goes out of business?

Who owns CardCash?

Elliot Bohm Marc Ackerman
CardCash

Is selling on CardCash legit?

CardCash is a legit gift card marketplace, but I would be careful while buying gift cards from them. If you’re a buyer, just make sure you use the gift card as fast as possible. On the other end, it seems sellers are pretty comfortable with the company.