PROFILE |
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In the hands of Leonard Riggio, Babbage's has risen from laggard to leader among video and computer game retailers. Now a subsidiary of bookseller Barnes & Noble (where Riggio is CEO and 25% owner), Babbage's sells video games, software, and accessories through more than 975 Babbage's, Gamestop, Planet X, Software Etc., SuperSoftware, and FuncoLand stores in the US and Puerto Rico. Its June 2000 purchase of rival Funco added 400 FuncoLand stores and boosted Babbage's to the top spot in its retail niche. Barnes & Noble bought Babbage's predecessor in 1986 and spun it off in 1988. Babbage's entered bankruptcy in 1996 and was bought by a group led by Riggio. The group sold Babbage's to Barnes & Noble in 1999.
COMPETITION |
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Best Buy Co., Inc. (BBY)
Electronics Boutique Holdings Corp. (ELBO)
Toys ''R'' Us, Inc. (TOY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2000 Sales (mil.): 223.70
1-Yr. Sales Growth: (51.9)%
Employees: 5,400
Revenue per employee: $41,425.93
KEY PEOPLE |
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R. Richard Fontaine
CEO
David W. Carlson
CFO
CONTACT INFO |
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2250 William D. Tate Ave.
Grapevine, TX 76051
US
Phone: 817-424-2000
Fax: 817-424-2002
Online: Web Site
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