GameStop closing even more stores in 2024 after closing 287 locations in a year
This is not the first round of closures the company has done. In 2020, the company announced it would close 450 stores after a lackluster earnings call that year. In March of this year, GameStop announced it had closed 287 stores over the course of the last year.
Gamestop's Sales Freefall Continues, More Stores Close
Gamestop's Sales Freefall Continues, More Stores Close. Gamestop plans to close more stores as their sales fall 45%
GameStop to close more stores: These NJ locations are kaput
New Jersey has around 70 GameStop stores and it's not yet known which stores will close. New Jersey 101.5 has contacted a GameStop spokesperson for more information. The following GameStop stores in New Jersey are closed, according to its website. However, it's unclear which stores were closed most recently.
GameStop Makes A Surprise Profit, Warns Of Impending Store Closures
GameStop has reported earnings for the quarter that ended on August 3, and, to the surprise of some, the retailer has turned a profit. Despite that, GameStop's stock price is sliding--it's down 15% today--due to a downturn in sales and ongoing uncertainty about how GameStop can stay relevant and healthy long term.
GameStop's Stock Falls 10% As Sales Decline
Shares of GameStop (GME) are down 10% after the video game retailer reported that its sales in this year's second quarter declined more than 30% from a year earlier. The Texas-based company announced a surprise profit for its latest quarter,
GameStop highlights the potential for store closings as part of its profitability push
GameStop Corp. (NYSE:GME) fell sharply in premarket action on Wednesday as investors digested the retailer's Q2 earnings report. Revenue fell 31.2% year-over-year for the quarter that ended on August 3 to $798.
GameStop prepares to shutter even more stores after disappointing second quarter
GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
GameStop reports decline in revenue as online purchases hit videogame retailer
Videogame retailer GameStop reported a fall in second-quarter revenue on Tuesday, as consumers moved away from traditional ...
GameStop prepares to shutter even more stores
STATEN ISLAND, N.Y. -- After closing 287 stores in 2023, GameStop has announced that it is anticipating the closure of a ...
GameStop plots mass store closures after shutting 300 locations in past year
A nationwide chain that is a fixture in malls across 50 states has announced that it plans to shut down more stores amid ...
GameStop is just playing with its fans now
Investors might finally have had enough. Shares in GameStop fell 12 per cent on the share sale this week, having risen the ...
GameStop reports fall in revenue, files for 20 mln share offering
GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in ...
Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
GameStop now sports $4.2 billion in cash, after raising new capital on Roaring Kitty's Meme call for higher stock prices in ...
GameStop Analyst Says Retailer Could Close All Stores, Operate As Bank To Manage Losses
GameStop saw revenue decline in the second quarter and offered no company strategy going forward, items that are not lost on ...