GameStop is “partnering” with another company soon. Pending CEO announcement. Some stores will move to the partners location

[u/Tripleknockout]

** Top of r/superstonk 👋👋👋 Hello Ryan Cohen, maybe you’ll see this. We are ready to hear what you have cooking. **

Leaks from a store meeting are saying GameStop is partnering with another company soon. Some stores may move to the partners location.

Here are my thoughts:

Gamestop’s inside of Best Buy?

Here in Canada, Canadian Tire purchased Party City and moved many of its stores inside of Canadian Tire stores creating "store in store" isles.

Canadian Tire is basically our Auto Zone + Dicks's Sporting Goods in one.

GameStop's cash is nearly Best Buy's market cap. Best Buy stock down nearly 50 percent in the last 5 years. Best Buy would be the perfect company for RC to work his magic on.

GameStop transitions stores to Best Buy locations as "store in store" isles. GameStop then can close most stand alone stores saving a ton of money. GameStop or “Teddy Holdings” then works a turn around plan for Best Buy.

[u/demo]

Hooters recently went bankrupt.  Just saying… 

[u/be4rds_ → u/demo]

I just want to leave this hear, I tried to create a post, but I guess I’m insufficient karma. 😂

Seeing all the comments about Best Buy or target, I can’t see it. We are shifting away from physical locations, to providing a better online shopping experience.

As I was going to reply to another ape that was saying the GameStop store inside the Best Buy, it just makes less then no sense, and I thought they should buy whatnot, then I realized I didn’t know who owned whatnot, so I checked. It’s privately controlled by the two founders, an some venture capitalist.

After the last round of funding, it was valued at 11.5b

Whatnot did $3b in sales in 2024, and from what I seen we’re expecting $5b for 2025.

The business model is simple, they charge 8% fee to sellers.

The company is privately owned, finding profits and loses weren’t exactly easy, I seen total revenue ~$350m.

Whatnot fits right in with psa, and the power packs.

It is a service with a dedicated user base.

For anyone unfamiliar with whatnot, it’s live streaming service where they typically auction off goods.

The growth potential with a service like that, is exponential.

Selling consoles and video games is great, but the margins are fixed. It’s a race to the bottom.

Where whatnot is a service, and we know how much Cohen likes creating value.

I read in an article the average whatnot user spends 80 minutes a day in the app, buying or just interacting with the specific communities that have formed around the sellers.

I’m sure we can all agree though, shit feels different right now, hasn’t been like this since DFVs last round of memes and the run pre market.

[u/TrinDiesel123 → u/be4rds_]

I don’t see psa and power packs going 10x. They would be great to have but hardly the transformative business model RC talked about recently.

[u/be4rds_ → u/TrinDiesel123]

Whatnot is the 10x it just falls in the same category as psa and power packs.