| dbo:abstract |
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. Following Funco's initial public offering in 1992, the company experienced rapid growth spurned by the increasing momentum of the video game industry and the retailer's unique business model, which fended off any direct competitors. FuncoLand stores, which were often located in strip malls, featured sampling areas that allowed consumers to test a video game before its purchase, a practice that Pomije compared to the automobile industry. The retailer's considerable inventory of older titles no longer carried by larger national chain stores sometimes led competing retailers to refer customers to FuncoLand for such purchases. Marketing for FuncoLand included the self-published and ongoing monthly magazine Game Informer, as well as a mail-order catalog and e-commerce platform. Funco endured a downturn in the mid-1990s caused by an industry-wide slump, and in 1995, the company was subject to a shareholder suit accusing it of artificially inflating its stock price by overstating the capacity of its information systems to control the business; the suit was settled out of court in 1999. The fifth generation of video game consoles brought about the company's recovery, and the release of the Dreamcast granted a single-day sales record. Over the course of its lifespan, FuncoLand operated in 406 locations, and was twice listed by Fortune as one of America's fastest-growing businesses. In April 2000, two of Funco's rivals – Electronics Boutique and Babbage's Etc. parent company Barnes & Noble – engaged in a bidding war for the company's purchase, concluding with Barnes & Noble's winning bid of $161.5 million. Funco was acquired by Barnes & Noble in June 2000, and was merged with Babbage's to form GameStop in December 2000. (en) |
| dbo:assets |
4.56E7 5.51E7 |
| dbo:equity |
3.35E7 3.88E7 |
| dbo:fate |
Merged with Babbage's to formGameStop (en) |
| dbo:foundingYear |
1988-01-01 (xsd:gYear) |
| dbo:industry |
dbr:Retail |
| dbo:keyPerson |
dbr:Chief_executive_officer dbr:Chief_financial_officer dbr:Chief_operating_officer dbr:President_(corporate_title) dbr:Chairperson |
| dbo:locationCity |
dbr:Eden_Prairie,_Minnesota |
| dbo:locationCountry |
dbr:United_States |
| dbo:netIncome |
9700000.0 |
| dbo:numberOfEmployees |
1500 (xsd:nonNegativeInteger) |
| dbo:numberOfLocations |
406 (xsd:nonNegativeInteger) |
| dbo:operatingIncome |
1.34E7 |
| dbo:parentCompany |
dbr:Barnes_&_Noble |
| dbo:product |
dbr:Video_game_accessory dbr:Video_game_console dbr:Video_game |
| dbo:regionServed |
dbr:Contiguous_United_States |
| dbo:revenue |
2066.0 2527.0 |
| dbo:successor |
dbr:GameStop |
| dbo:thumbnail |
wiki-commons:Special:FilePath/FuncoLand_Logo.jpg?width=300 |
| dbo:type |
dbr:Public_company |
| dbo:wikiPageExternalLink |
https://web.archive.org/web/20001205075900/http:/www.funcoland.com/%7CFuncoland.com https://archive.org/details/funco-1993/mode/2up https://archive.org/details/funco-1997/mode/2up https://archive.org/details/funco-land-1994-annual-report/mode/2up https://archive.org/details/funco-land-1998-annual-report/mode/2up https://archive.org/details/funco-land-1999-annual-report/mode/2up |
| dbo:wikiPageID |
18803452 (xsd:integer) |
| dbo:wikiPageLength |
47359 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID |
1092824987 (xsd:integer) |
| dbo:wikiPageWikiLink |
dbr:Price–earnings_ratio dbr:Roseville,_Minnesota dbr:San_Francisco_Bay_Area dbr:Milwaukee_metropolitan_area dbr:Kmart_(United_States) dbr:Total_assets dbr:Barnes_&_Noble dbr:Best_Buy dbr:Blockbuster_LLC dbr:Bloomingdale,_Illinois dbr:Delaware_Valley dbr:Annual_report dbr:Hollywood_Video dbc:1988_establishments_in_Minnesota dbr:United_States dbr:United_States_District_Court_for_the_District_of_Minnesota dbr:Department_store dbc:Video_game_retailers_of_the_United_States dbr:E-commerce dbr:Indianapolis_metropolitan_area dbr:Video_game_accessory dbr:Video_rental_shop dbr:Public_company dbr:Columbus_metropolitan_area,_Ohio dbr:Commodore_64 dbr:Contiguous_United_States dbr:Crystal_Lake,_Illinois dbr:Matteson,_Illinois dbr:Memphis_metropolitan_area dbr:Chief_executive_officer dbr:Chief_financial_officer dbr:Chief_operating_officer dbr:Net_income dbr:Cincinnati_metropolitan_area dbr:Circuit_City dbr:GameStop dbr:Game_Boy_Color dbr:Game_Informer dbr:Greater_Boston dbr:Greater_Los_Angeles dbr:Greater_Pittsburgh dbr:Greater_Richmond_Region dbr:Greater_St._Louis dbr:Minneapolis dbr:Minnesota dbr:Minnesota_Golden_Gophers_men's_ice_hockey dbr:Mortal_Kombat_(1992_video_game) dbr:NBA_Jam_(1993_video_game) dbr:Liquidation dbr:Louisville_metropolitan_area dbr:Madden_NFL_'94 dbr:Management_information_system dbr:Common_stock dbr:Musicland dbr:B._Dalton dbc:Retail_companies_established_in_1988 dbc:1992_initial_public_offerings dbr:Agreement_in_principle dbr:Toys_"R"_Us dbr:U.S._Securities_and_Exchange_Commission dbr:WFTC dbr:Walmart dbr:WarnerMedia dbr:Washington–Baltimore_metropolitan_area dbr:West_Coast_of_the_United_States dbr:Wisconsin dbr:Le_SuperClub_Vidéotron dbr:Amazon_(company) dbr:Dallas–Fort_Worth_metroplex dbr:Dreamcast dbr:EB_Games dbr:East_Coast_of_the_United_States dbr:Eden_Prairie,_Minnesota dbr:Equity_(finance) dbr:Fortune_(magazine) dbr:Nintendo dbr:Nintendo_64 dbr:Video_game_console dbr:Gross_profit dbr:Video_game dbr:President_(corporate_title) dbr:Retail dbr:Hampton_Roads dbr:Internet_Archive dbr:It's_About_Games dbr:Japan dbr:Target_Corporation dbr:Tele-Communications_Inc. dbr:The_Dakotas dbc:2000_mergers_and_acquisitions dbc:American_companies_established_in_1988 dbc:Companies_based_in_Eden_Prairie,_Minnesota dbc:Defunct_companies_based_in_Minnesota dbr:Chapter_7,_Title_11,_United_States_Code dbr:Chicago_metropolitan_area dbr:KB_Toys dbr:Kansas_City_metropolitan_area dbr:Lease dbc:GameStop dbr:PlayStation_(console) dbr:PlayStation_2 dbr:Pokémon_Yellow dbr:Fifth_generation_of_video_game_consoles dbr:Häagen-Dazs dbr:Initial_public_offering dbr:Nashville_metropolitan_area dbr:Navarre_Corporation dbr:New_Hope,_Minnesota dbr:Orland_Park,_Illinois dbr:Chairperson dbr:Seattle_metropolitan_area dbr:Securities_Exchange_Act_of_1934 dbr:Sega_Channel dbr:Sega_Saturn dbr:Sega_of_America dbr:Whiteboard dbr:McHenry_County,_Illinois dbr:Shopping_mall dbr:Strip_mall dbr:Settlement_(litigation) dbr:Sacramento_metropolitan_area dbr:Electronics_Boutique dbr:Operating_income dbr:Net_sales dbr:File:FuncoLand_Stores.jpg |
| dbp:areaServed |
dbr:Contiguous_United_States |
| dbp:assets |
(en) 4.56E7 5.51E7 |
| dbp:defunct |
December 2000 (en) |
| dbp:equity |
(en) 3.35E7 3.88E7 |
| dbp:fate |
Merged with Babbage's to form GameStop (en) |
| dbp:founded |
March 1988 in Minneapolis, Minnesota, United States (en) |
| dbp:founder |
David R. Pomije (en) |
| dbp:hqLocationCity |
dbr:Eden_Prairie,_Minnesota |
| dbp:hqLocationCountry |
dbr:United_States |
| dbp:industry |
dbr:Retail |
| dbp:keyPeople |
David R. Pomije (en) Robert Hiben (en) Stanley Bodine (en) |
| dbp:logo |
FuncoLand_Logo.jpg (en) |
| dbp:name |
Funco Inc. (en) |
| dbp:netIncome |
(en) 6700000.0 9700000.0 |
| dbp:numEmployees |
1500 (xsd:integer) |
| dbp:numEmployeesYear |
1999 (xsd:integer) |
| dbp:numLocations |
406 (xsd:integer) |
| dbp:numLocationsYear |
2000 (xsd:integer) |
| dbp:operatingIncome |
(en) 1.34E7 1.56E7 |
| dbp:parent |
dbr:Barnes_&_Noble |
| dbp:products |
dbr:Video_game_accessory dbr:Video_game_console Video games (en) (en) |
| dbp:revenue |
(en) US$2,066 million (en) US$2,527 million (en) |
| dbp:successor |
dbr:GameStop |
| dbp:tradedAs |
NASDAQ:FNCO (en) |
| dbp:type |
dbr:Public_company |
| dbp:website |
https://web.archive.org/web/20001205075900/http:/www.funcoland.com/%7CFuncoland.com |
| dbp:wikiPageUsesTemplate |
dbt:Cite_book dbt:Decrease dbt:Frac dbt:Good_article dbt:Increase dbt:Infobox_company dbt:N/A dbt:Reflist dbt:Sfn dbt:Short_description |
| dcterms:subject |
dbc:1988_establishments_in_Minnesota dbc:Video_game_retailers_of_the_United_States dbc:Retail_companies_established_in_1988 dbc:1992_initial_public_offerings dbc:2000_mergers_and_acquisitions dbc:American_companies_established_in_1988 dbc:Companies_based_in_Eden_Prairie,_Minnesota dbc:Defunct_companies_based_in_Minnesota dbc:GameStop |
| rdf:type |
owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 dbo:Organisation |
| rdfs:comment |
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. (en) |
| rdfs:label |
FuncoLand (en) |
| owl:sameAs |
wikidata:FuncoLand https://global.dbpedia.org/id/Fz2Sa |
| prov:wasDerivedFrom |
wikipedia-en:FuncoLand?oldid=1092824987&ns=0 |
| foaf:depiction |
wiki-commons:Special:FilePath/FuncoLand_Logo.jpg wiki-commons:Special:FilePath/FuncoLand_Stores.jpg |
| foaf:homepage |
https://web.archive.org/web/20001205075900/http:/www.funcoland.com/%7CFuncoland.com https://web.archive.org/web/20001205075900/http://www.funcoland.com/%7CFuncoland.com |
| foaf:isPrimaryTopicOf |
wikipedia-en:FuncoLand |
| foaf:name |
Funco Inc. (en) |
| is dbo:wikiPageDisambiguates of |
dbr:Funco |
| is dbo:wikiPageRedirects of |
dbr:Funcoland dbr:Funco_(company) dbr:Sunrise_Publications |
| is dbo:wikiPageWikiLink of |
dbr:1990_in_video_games dbr:1992_in_video_games dbr:1993_in_video_games dbr:1995_in_video_games dbr:1997_in_video_games dbr:1998_in_video_games dbr:Funcoland dbr:GameStop dbr:Game_Boy_Color dbr:Game_Informer dbr:Funco dbr:Tony_Hawk's_Pro_Skater_(video_game) dbr:Cyber_Stadium_Series—Base_Wars dbr:Eden_Prairie,_Minnesota dbr:List_of_Incognito_Cinema_Warriors_XP_episodes dbr:Pokémon_Yellow dbr:Funco_(company) dbr:Sunrise_Publications |
| is foaf:primaryTopic of |
wikipedia-en:FuncoLand |
