Life

Retail Apocalypse Continues As GameStop Closes 200 ‘Underperforming’ Stores

Another major retail chain is closing stores. Video game seller GameStop says it will close between 180-200 “underperforming” stores by the end of the year. GameStop has more than 5,700 stores worldwide but posted a net loss of $415 million in the second quarter of 2019.
While most retailers struggle to compete with online shopping, Gamestop has to deal with a market where most games these are just downloaded straight onto a computer or console and don’t need physical discs or cartridges.


Subscribe to X96's News!

Get the latest music news, contests and flyaways, and more straight to your inbox with our weekly emails.

* indicates required
Comments
To Top