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'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.
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GameStop Announces Many Locations Will Shut Down Across America: Here’s Why
Uncover the challenges Gamestop is grappling with in the digital era as physical game copies lose popularity. Explore the ...
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 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 Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GameStop CEO Ryan Cohen's failure to report the acquisition of Wells Fargo shares promptly resulted in a sharp focus on his ...
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rather than its underlying ...
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 ...
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GameStop closing even more stores in 2024 after closing 287 locations in a year
GameStop is closing more stores this year after a lackluster second-quarter earnings report. The disappointing results out of this quarter’s earnings report come as the company is dealing with ...
GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition
On Wednesday, the Federal Trade Commission said Ryan Cohen, managing partner of RC Ventures and Chairman and CEO of GameStop ...