GameStop Stores
GameStop continues to close stores as part of ongoing efforts to improve the financial health of the company
- At its peak, GameStop had approximately 7,500 stores in 2016
- Since 2016, GameStop has reduced the total number of stores every year
- As of fiscal year 2024, GameStop has 3,203 stores
- As store count has been reduced, so too has revenue
In line with ongoing turnaround and transformation efforts, GameStop continues to close stores.
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.
The first quarter of 2025 was our first profitable first quarter since 2019.
It's the results of cutting costs, reducing excess inventory, streamlining headcount, closing unprofitable stores, exiting under-performing geographies, and focusing on the core fundamentals of the business.
- February 2025 : GameStop Announces Plan to Pursue a Sale of French 🇫🇷 Operations (314 stores)
- In February 2025, GameStop announced plans to pursue the sale Canadian 🇨🇦 Operations (approximately 200 stores). As reported in Q1 2025, GameStop completed the divestiture of Canadian 🇨🇦 Operations on May 4, 2025
- Q3 2024: initiated plans to divest operations in Italy 🇮🇹 (264)
- Q3 2024: initiated plans to wind down our operations in Germany 🇩🇪 (69 stores)
As of the completion of GameStop's winding down and sale of the operations in the countries listed above, GameStop will then have continued operations only in the following countries (FY 2024 numbers):
- USA 🇺🇸 (2,325 stores)
- Australia 🇦🇺 (336 stores)
- New Zealand 🇳🇿 (38 stores)
