Company type | Franchise |
---|---|
Industry | Electronics stores |
Founded | 2000 |
Defunct | 2014 |
Headquarters | , U.S. |
Number of locations | 116 |
Area served | Northern America, Egypt, Panama, Colombia |
Key people | Ron Simpson (Founder) |
Products | Video games and consoles and Consumer electronics |
Services | Buy sell trade video games, consoles and consumer electronics |
Revenue | $25 million USD (2012) |
Owner | Jared Turner, Ron Simpson |
Play N Trade Franchise Inc., doing business as Play N Trade, was an American franchisor operating in the video game and consumer electronics space, with an emphasis on video gaming lifestyle. The company, whose headquarters were in San Clemente, California, United States, operated stores throughout the United States, Canada, Panama and Egypt. Play N Trade was referred to as "the fastest-growing video game retail franchise" in the United States, [1] and was at one point the second-largest specialty video game retail in the United States. [2] As of January 10, 2013, Play N Trade operated 116 franchised locations globally.
Play N Trade stores sold new and used consumer electronics, including video games and consoles, Apple products, laptops, and cellular phones, and accept trade-ins of the same. Services included video game rental, parties, tournaments, events, and gaming device repairs.
Play N Trade filed for bankruptcy protection on March 2, 2014. [3] As of 2024, some locations continue to operate as independent retailers.
Play N Trade was founded in 2000 by (now retired) founder Ron Simpson of Colorado Springs, Colorado. The current leadership team includes executives from the automotive industry, Walt Disney Imagineering, as well as several tech entrepreneurs in the wireless industry. In Phoenix, many stores of Play N Trade have either been moved or shutdown.
In 2007, Play N Trade was ranked in the Franchise 500 and New Franchise 50 by Entrepreneur Magazine and had doubling its nationwide stores in 2006. [4] [5] Entrepreneur Magazine also named Play N Trade one of the top ten new franchises for 2008. [6]
The State of California fined Play N Trade $132,500 for violating the state's franchising laws in 2009. [7]
Play N Trade Franchise Inc. filed for bankruptcy on March 2, 2014, and was dissolved. [3]
Blockbuster is an American multimedia brand and former rental store chain. The business was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. The logo was designed by Lee Dean at the Rominger Agency. The company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster employed 84,300 people worldwide and operated 9,094 stores.
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc.
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, and is the largest video game retailer worldwide. As of February 2024, the company operates 4,169 stores including 2,915 in the United States, 203 in Canada, 404 in Australia and 647 in Europe under the GameStop, EB Games, EB Games Australia, Micromania-Zing, ThinkGeek and Zing Pop Culture brands. The company was founded in Dallas in 1984 as Babbage's, and took on its current name in 1999.
Party City Holdco Inc, commonly referred to as Party City is an American publicly traded retail chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. The companies headquarters are in Woodcliff Lake, New Jersey. The company is the largest retailer of party goods in the United States, Canada, and Mexico. The company operates over 850 company-owned and franchise outlets in over 70 countries around the world under the Party City, Halloween City, Toy City, Factory Card and Party Outlet brands.
The Aaron's Company, Inc. is an American lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. The company sells through the company-operated and franchised stores, e-commerce platform (Aarons.com)
Sharper Image is an American brand that offers consumers home electronics, air purifiers, gifts, and other high-tech lifestyle products through its website, catalog, and third-party retailers. The brand is owned by ThreeSixty Group, with the U.S. catalog and website owned and operated by Michigan-based Camelot Venture Group.
Kaspien Holdings, Inc. is an American company that provides software and services for ecommerce. Kaspien Holdings operates on Amazon in the United States, Canada, United Kingdom, Spain, France, Italy, Germany, the Netherlands, Sweden, and India, as well as Walmart Marketplace, eBay, Google Shopping, and Target. Its interim CEO is Goldman Sachs veteran Brock Kowalchuk, who took over March 11, 2022.
Rent-A-Center, Inc. is an American public furniture and electronics rent-to-own company based in Plano, Texas. The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states. Hastings Entertainment stores were also located in many college towns in the U.S. Hastings Entertainment was headquartered in Amarillo, Texas.
Ultimate Electronics was a chain of consumer electronics stores which filed for bankruptcy twice after 2006, liquidating and ceasing operations in 2011. At its peak, the store operated in Arizona, Colorado, Illinois, Iowa, Idaho, Kansas, Minnesota, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Massachusetts, New Hampshire, New York, South Dakota, Texas, Pennsylvania, Utah, and Wisconsin. It was originally incorporated in the state of Delaware with principal offices in Thornton, Colorado. They only ever opened 78 locations in 20 states. At their height, they operated 64 stores in 14 states. Some of the stores had neon signs at the front of the store with a ball decoration like the one at Olde Towne Plaza in Ballwin, MO. Some of the 64 stores had circular entrances.
Micro Center is an American computer retail store, headquartered in Hilliard, Ohio. It was founded in 1979, and as of 2024, has 27 stores in 18 states. The chain is a highly electronic and mechanical center for building personal computers and gaming computers.
H. H. Gregg, Inc., is an American online retailer and former retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, that operated stores in 20 states including Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and Wisconsin. Valor Group LLC purchased the brand from the company's bankruptcy trustee for $400,000 in 2017. H.H. Gregg closed all stores in liquidation and had been operating as an online-only retailer since August that year. Founded in Princeton, Indiana, in 1955, H. H. Gregg was headquartered in Indianapolis, Indiana, when it ceased operating. Its retail offerings included home entertainment video and audio products, computers, and other selected consumer electronics; home appliances, such as refrigerators, ranges, dishwashers, freezers, washers, and dryers; and other products and services, including mattresses. The company announced on November 24, 2008, that it would begin selling popular gaming systems such as Wii, Xbox 360 and PlayStation 3.
GameCrazy was a video game retailer based in Wilsonville, Oregon. It was a subsidiary of Movie Gallery. The stores were often, but not always, located adjacent to Hollywood Video rental stores.
FuncoLand was an American video game retailer based in Eden Prairie, Minnesota, that specialized in selling new and used video game software. It is considered the first major video game retailer to allow consumers to sell and trade used video games. The chain's parent company Funco Inc. was established in the home of David R. Pomije in 1988, initially as a leaser of video games to video stores, and then as a mail-order business specializing in used video games. Upon the success of this venture, Pomije moved Funco to a Minneapolis warehouse, and began opening FuncoLand retail outlets nationwide.
Conn's, Inc. is an American furniture, mattress, electronics and appliance store chain headquartered in The Woodlands, Texas, United States. The chain has stores in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, Florida, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Within Texas, Conn's has stores in Greater Houston, the Dallas/Fort Worth Metroplex, Greater San Antonio, Greater El Paso, Greater Corpus Christi, Southeast Texas, and South Texas.
ZoomSystems specializes in the design, technology, software development, and operation of automated retail stores. ZoomSystems technology and services support automated, self-service retail stores called ZoomShops located in airports, malls, military bases and retailers.
Golfsmith International Holdings Inc. was an American golf specialty retailer based in Austin, Texas. Each store, along with golfsmith.com, housed a wide selection of golf clubs, shoes, apparel, gadgets and gear from all the major brands as well as proprietary offerings. They also offered custom club fitting, lessons and services for golfers.
Federated Group was an American chain of consumer electronics retail stores with 67 stores in California, Texas, Arizona, and Kansas. The company was founded by Wilfred Schwartz in 1970, and opened the first deep discount consumer electronics "superstore" in the United States. In 1987, Federated Group was the fourth-largest discounter of consumer electronics in the U.S. The company's headquarters were in City of Commerce, California and later in Sunnyvale, California. Federated Group was sold to Atari in 1987, and sold again to Silo in 1989.