GameStop Is Closing Up to 450 Stores This Year

Retail is suffering badly due to the coronavirus pandemic, and it’s forced GameStop to close even more stores than it planned this year.

Last year, the games retailer closed 321 stores classed as “underperforming” by CFO James Bell. It followed tumbling hardware and software sales by the company, and that was before anyone had heard the word “COVID-19.” Then in March, 300 more store closures were announced in what Bell classed as continuing to “de-densify our global store fleet.” It seems 300 isn’t enough anymore, though.

Source: PCMag.com