GameStop Stores
GameStop continues to close stores as part of the ongoing turnaround strategy
Summary
- GameStop had a peak of approximately 7,500 stores in 2016
- Since 2016, GameStop has reduced the total number of stores every year, with approximately 4,200 stores as of FY23
GameStop 2024 annual meeting
From Ryan Cohen's statements on June 17 from GameStop's 2024 annual meeting:
- "With respect to retail operations, we plan to continue reducing costs and focusing on profitability."
- "This means a smaller network of stores with an expanded assortment of higher value items that fit into our trade-in model."
