Regional Apple products reseller MacAuthority has been acquired by tech retail giant GameStop, which last year launched an aggressive push into selling more than video games. Through the deal, GameStop's Simply Mac unit adds six stores in five cities as well as locations on the campuses of Vanderbilt and Belmont universities. In a memo obtained by Apple Daily Report, MacAuthority CEO Mark Gregory said he will transition into a new management role as Simply Mac looks to double its store base in short order.
GameStop (Ticker: GME) acquired a minority stake in Simply Mac in the fall of 2012 and bought its remaining shares last November. Simply Mac is now part of the company's recently organized Technology Brands segment, which runs more than 270 stores. In the fiscal quarter ended May 3, that group produced an operating profit of $6.0 million on net sales of $60.2 million.
Six weeks after closing the doors to their Cool Springs store, Mark Gregory and his team at Mac Authority have announced plans to set up shop in Johnson City. Their 5,000-square-foot outlet in The Mall at Johnson City will lift their store base back to five.
Over its near-!fteen-year lifespan, MacAuthority has experienced considerable growth alongside the Apple platform. "Seeing this company expand from a mom-and-pop used computer shop for us Mac folks, and now move into an area of the state that has been chomping at the bit for our all-Apple focus is very exciting," says Leverett, "I can't wait to see this store thrive, while bringing these amazing products into people's lives."