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GameStop to Close ‘Significant Number’ of Stores in Cost-Cutting Effort

  • GameStop plans to close a “significant number” of stores in fiscal 2025 after closing 970 stores in fiscal 2024.
  • The closures are part of GameStop's evaluation of its international assets and operations to achieve sustained profitability.
  • In fiscal 2024, GameStop closed 590 stores in the U.S., 336 in Europe, 33 in Australia, and 11 in Canada.
  • GameStop also plans to optimize its cost structure, focus on omnichannel retail excellence, and expand its product and service offerings.

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