GameStop reportedly closed more than 400 stores in the United States


Your neighborhood Stoppage of play could be on the chopping block, with over 400 other outlets across the United States. As first reported PolygonThe retailer is pursuing a major cost-saving measure by closing several hundred physical locations. According to a blog which tracks GameStop closures, there are 410 locations confirmed to close or already closed, as well as 11 more also reportedly on the way, as of January 10.

As Polygon As noted, these closures aren’t much of a surprise given that GameStop’s SEC filing for December 2025 indicated that it “plans to close a significant number of additional stores during fiscal 2025,” which ends on January 31, 2026. The same filing specified that the company’s board would pay GameStop CEO Ryan Cohen up to $35 billion in stock options, given that he increases the retailer’s market capitalization to $100 billion.

Although the blog only covers U.S. shutdowns, the SEC filing also indicates that GameStop plans to reduce its presence in several other European countries and Canada. Even though GameStop saw a historical peak in market value in 2021, it has struggled to keep up with the brand’s direction, as evidenced by failed attempts to offer a crypto locker And an NFT marketplace.



Source link

اترك ردّاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *