Report Gamestop Intends To Close 180 200 Stores Worldwide
In a recent piece published on GamesIndustry.biz, they reported GameStop intends to shut down 180 to 200 stores worldwide. Earlier today, GameStop had its Q2 earnings call. During the call, a GameStop representative reported that of all the GameStop stores in the world, 95 percent are profitable. Despite those seemingly good numbers, the company plans to close around 180 to 200 stores globally. Even though the representative said that the number of profitable GameStop stores to be an “impressive statistic,” the company is still going to use this opportunity to “improve our overall profitability by de-densifying our chain....