Gamestop Closing Hundreds of Stores

Gamestop Closing Hundreds of Stores

GameStop is closing about 100 more stores than it originally planned, with the struggling retailer warning of more closures next year.

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The company said in Wednesday’s earnings call that between 400 and 450 stores globally will close this year, which is more than the 320 stores GameStop originally said in March that it was planning to shutter. The increase underscores how badly retailers are performing during the pandemic as shoppers shift their habits online.

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