GameStop closes over 400 stores in the US

GameStop plans to close over 400 retail locations across the US as part of significant cost-saving measures, with 410 stores already confirmed to be closing as of January 10. This decision aligns with the company’s December 2025 SEC filing, which anticipated further closures in fiscal 2025. Additionally, GameStop is looking to reduce its presence in several European countries and Canada. Despite a surge in market value in 2021, the company has faced challenges with its strategic direction, including failed initiatives in crypto and NFTs.

Want More Context? 🔎