GameStop Is Closing Another 100 Shops

Illustration for article titled GameStop Is Closing Another 100 Stores

Image: GameStop

Back in March, having a hard time merchant GameStop announced that it would be closing a minimum of 320 shops throughout theyear That number has in fact now jumped to”between 400 and 450 stores”

As CNN report, the business made the announcement last week, with CFO Jim Bell stating the closures would “allow us to more effectively and successfully service our customers”, prior to consisting of that in addition to the 400-450 closures this year, there are currently even more closures prepared for 2021.

GameStop had in fact been having a hard time for years anyhow, which was prior to an international pandemic hit and kept millions of people out of their shops Consist of a progressively digital landscape for software sales, and the truth both Microsoft and Sony have digital- just consoles releasing this year– rejecting GameStop of both preliminary sales nevertheless more notably trade- ins and preowned sales too– and the future absolutely does not look healthy.

The business has just over 5100 shops staying worldwide.

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