(CNN) - GameStop says it will close about 100 more stores than originally planned and warned of more closures next year. The struggling retailer said in March it was planning to close 320 stores ...
Blog. GameStop Closing Hundreds More Stores This Year. Gamestop woes continue, as the company has announced the closure of a total 400 stores by the end of fiscal year 2020. A significant increase from the previously announced 388 globally, with intentions on closing more in 2021.
GameStop has announced that it plans to close hundreds of additional stores as the North American gaming retailer struggles against online retailers. GameStop initially said it was closing 320 stores but they have now admitted that it is likely to be between 400 - 450 stores across the United States. The coronavirus pandemic hasn't helped…
GameStop is closing hundreds more stores CNN Business GameStop is closing about 100 more stores than it originally planned, with the struggling retailer warning of more closures next year... . more. Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest. Labels: GameStop.
As of this writing, GameStop stock was down 8.5% from Monday's close to a price of $4.65. That price is down over 70% from a year ago and off roughly 92 percent from a high point in late 2013.
GameStop did, however, deliver $62 million in operating income, or $0.22 per share. GameStop plans close another 300 or so stores in 2020. Image source: Getty Images.
Share prices fell more than 40% in the first three months of the calendar year as the COVID-19 pandemic forced GameStop to close its physical stores. The stock caught a second wind just six months ...
Last year, GameStop closed 320 stores across America as part of an effort “to de-densify [their] store base”. This year, the company will close at least that many, and potentially more.
GameStop. GameStop is a large retailer selling video games, gaming accessories and electronics. GameStop has stores all over North America, Europe, Australia and New Zealand. Is GameStop going out of business? GameStop is not going out of business. In September 2020, the video game retailer announced it would be permanently closing 400 to 450 ...
NYSE Updated Oct 16, 2020 11:59 PM. 19,891. Watch