Business

Gamestop To Close Another 100 Stores This Year

10 days ago   |   By Hypebeast

Previously in March, after already closing more than 300 stores around the world, video game store GameStop announced that it would be cutting down another 300 retail locations, but it now seems the number has been bumped up. During an earnings call with investors, the company said that it plans to close 400 to 450 stores this year, which is roughly 100 more than it previously announced. GameStop's chief financial officer Jim Bell explained that the closures "will allow us to more efficiently and profitably service our customers." The situation within the company doesn't seem to be getting...
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