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GameStop prepares to shutter even more stores
GameStop prepares to shutter even more stores
STATEN ISLAND, N.Y. -- After closing 287 stores in 2023, GameStop has announced that it is anticipating the closure of a “larger number of stores” in the coming year.
GameStop prepares to shutter even more stores after disappointing second quarter
GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
GameStop eyes more store closures as sales fall 31%
GameStop’s Q2 net sales fell 31.4% to $798 million, down from about $1.2 billion a year ago, the company said in a Tuesday earnings announcement. Gross profit for Q2 fell nearly 19% to about $249 million, down from $306 million a year ago.
5d
on MSN
GameStop closing even more stores in 2024 after closing 287 locations in a year
This is not the first round of closures the company has done. In 2020, the company announced it would close 450 stores after ...
Taste of Country on MSN
9d
GameStop Announces Many Locations Will Shut Down Across America: Here’s Why
Uncover the challenges Gamestop is grappling with in the digital era as physical game copies lose popularity. Explore the ...
2d
Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
GameStop now sports $4.2 billion in cash, after raising new capital on Roaring Kitty's Meme call for higher stock prices in ...
GameSpot
11d
GameStop Makes A Surprise Profit, Warns Of Impending Store Closures
GameStop has reported earnings for the quarter that ended on August 3, and, to the surprise of some, the retailer has turned ...
10d
on MSN
Gamestop's Sales Freefall Continues, More Stores Close
Gamestop's Sales Freefall Continues, More Stores Close. Gamestop plans to close more stores as their sales fall 45% ...
WKXW
5d
GameStop to close more stores: These NJ locations are kaput
New Jersey has around 70 GameStop stores and it's not yet known which stores will close. New Jersey 101.5 has contacted a ...
11d
GameStop Analyst Says Retailer Could Close All Stores, Operate As Bank To Manage Losses
GameStop saw revenue decline in the second quarter and offered no company strategy going forward, items that are not lost on ...
12d
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.
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