GameStop moving away from video games, becoming a boutique for electronics

gamestop_logoFollowing in the footsteps of other weary retailers, ubiquitous video game merchant GameStop is investing heavily in cell phones and tablets. From GamesIndustry.biz:

CEO Paul Raines heralded the dawn of what he called GameStop 3.0, a new phase of the company’s lifespan that will see it aggressively expand its footprint into gaming-adjacent tech fields.

At the same time GameStop is pushing into these new fields, the company plans to scale back its gaming operations slightly.

In a games market that’s increasingly moving to digital markets, it makes all the sense in the world for GameStop to pursue new revenue streams. It’s just too bad they didn’t keep the now-relevant old name: Babbage’s.