Home News GameStop Closing Locations in the United States

GameStop Closing Locations in the United States

Author : Scarlett Jan 25,2025

GameStop Closing Locations in the United States

GameStop's Silent Store Closures Spark Concern

The video game retailer GameStop is quietly shuttering numerous US stores, leaving both customers and employees reeling. The closures, often announced with little or no warning, represent a significant decline for the once-dominant physical retailer. While GameStop hasn't publicly acknowledged a widespread closure initiative, social media platforms like Twitter and Reddit are abuzz with reports from affected customers and employees.

GameStop, originally known as Babbage's, boasts a 44-year history. Reaching its zenith in 2015 with over 6,000 global locations and $9 billion in annual sales, the company has faced a dramatic downturn in recent years. The shift to digital game sales has significantly impacted its business model. By February 2024, ScrapeHero data indicated a nearly one-third reduction in GameStop's physical footprint, leaving approximately 3,000 stores in the US.

Following a December 2024 SEC filing hinting at further closures, anecdotal evidence of store closings has surged online. Customers express disappointment, citing the loss of convenient, affordable game and console options. Employees also voice concerns, with reports of unrealistic sales targets amidst the ongoing store closures.

The Ongoing Decline of GameStop

The recent closures are merely the latest chapter in GameStop's ongoing struggle. A March 2024 Reuters report painted a grim picture, highlighting a 287-store closure in the preceding year and a nearly 20% revenue drop in the fourth quarter of 2023.

Various attempts to revitalize GameStop have been undertaken over the past few years. These efforts have ranged from expanding merchandise to include toys and apparel to venturing into unrelated sectors like phone trade-ins and collectible card grading. The company also received a temporary boost in 2021 from a surge in interest from Reddit-based amateur investors, a phenomenon documented in the Netflix documentary Eat the Rich: The GameStop Saga and the film Dumb Money. However, these efforts haven't been enough to stem the tide of store closures and declining revenue. The future remains uncertain for this iconic retailer.

Latest Articles More
  • James Gunn Explains Why the Clayface Movie Had to Be a Part of the DCU and Not Matt Reeves' The Batman Epic Crime Saga

    James Gunn and Peter Safran, co-heads of DC Studios, have confirmed the upcoming Clayface movie will be canon within the DC Universe (DCU) and carry an R rating. Clayface, a long-standing Batman adversary with the ability to shapeshift his clay-like body, first appeared in Detective Comics #40 (194

    Mar 19,2025
  • How To Play the Dishonored Games in Order

    The Dishonored series, with titles like Dishonored: Death of the Outsider and The Brigmore Witches, can be a bit confusing. To clarify, here's the Dishonored game order, neatly laid out.Dishonored Games in Release OrderUnlike some game series, Dishonored's timeline is straightforward; there are no

    Mar 19,2025
  • The Best Soundbars for Building Your Personal Home Theater

    Until recently, I believed that nothing could match the audio quality of a high-end home theater system. But Samsung, Sonos, LG, and other soundbar manufacturers have proven me wrong. Today's soundbars offer incredible sound without the complexity of a full home theater setup. From powerful Dolby A

    Mar 19,2025
  • King Arthur: Legends Rise introduces a new hero, Iweret, and new in-game events

    Iweret, the newest character in Netmarble's King Arthur: Legends Rise, brings a powerful punch to the squad-based RPG. This Dark Mage boasts incredible damage output and the ability to significantly reduce damage taken by allies, making her a valuable addition to any team. Her arrival coincides wi

    Mar 19,2025
  • TRIBE NINE Tips and Tricks to Progress Efficiently

    Dive into the electrifying world of TRIBE NINE, a 3D action RPG that throws you into the heart of a cyberpunk Tokyo. Prepare for fast-paced battles, a diverse cast of characters, and strategic combat that will test your skills. This guide provides essential tips and tricks to help newcomers navigat

    Mar 19,2025
  • Should You Free Ilora in Avowed?

    Early in *Avowed*, you face a choice: free the suspicious prisoner Ilora from her cell in Fort Northreach, or leave her behind. Your ultimate goal is to use her boat to reach Paradis, but the decision of whether to free or abandon Ilora significantly impacts your journey. Here's a breakdown to help

    Mar 19,2025