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Funco Inc. 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.
Mar 29, 2018 · It’s New To You. The story of FuncoLand, the retailer that made the used video game market a thing—and how GameStop, which bought Funco, sort of bastardized that mission. By Ernie Smith Mar 29, 2018.
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FuncoLand was started by a man named David R Pomije. In 1985, Pomije was running a company named Protectronics which started off selling Commodore 64 computers but would switch to video games when the Commodore market stopped being profitable on its own.
The first two FuncoLand retail stores opened in late 1990 and brought in $200,000 in sales by the end of the year. Funco, Inc. had grown from a family enterprise to a 40-employee operation in its first two years. Funco managed its inventory by balancing the buy and sell prices of the used games.
In the spring of 2000 it entered into a bidding war with Electronic Boutique Holdings over Funco, Inc., operator of about 400 FuncoLand video and computer games stores, mainly located in strip malls, with revenues for the fiscal year ending in March 1999 of $206.7 million.
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.
Jun 13, 2014 · FuncoLand was the coolest place on earth when I was a young teenager. The start of my true frugal roots most likely started with video games. If we take a ride in the wayback machine to 1998, the video game industry was an expensive place.
