GameStop Retailer Begins Devastating Store Closures Across US
In a shocking move, GameStop, a retail giant once synonymous with gaming enthusiasts, is closing its doors on more than 400 stores across the United States. The beleaguered company has been grappling with declining sales and a struggling brand, prompting it to implement drastic cost-cutting measures.
According to reports, as of January 10, GameStop has confirmed the closure of 410 locations, while another 11 are reportedly on their way out. These closures were anticipated by investors, who had already seen a warning in GameStop's SEC filing from December 2025, which stated that the company would close "a significant number" of stores during its fiscal year ending January 31, 2026.
In a surprise move, GameStop CEO Ryan Cohen stands to reap a windfall of up to $35 billion in stock options if he manages to boost the retailer's market value to $100 billion. The development highlights the precarious state of the company, which has struggled to adapt to changing consumer preferences and technological advancements.
The closures are part of an overarching strategy by GameStop to streamline its operations and reduce its presence in several European countries and Canada. Despite a remarkable surge in stock price in 2021, the company's woes have persisted, with failed attempts at venturing into cryptocurrency and non-fungible token (NFT) markets contributing to its woes.
As the retail landscape continues to evolve, GameStop's decision to close hundreds of stores serves as a sobering reminder of the challenges faced by brick-and-mortar retailers in today's digital age.
In a shocking move, GameStop, a retail giant once synonymous with gaming enthusiasts, is closing its doors on more than 400 stores across the United States. The beleaguered company has been grappling with declining sales and a struggling brand, prompting it to implement drastic cost-cutting measures.
According to reports, as of January 10, GameStop has confirmed the closure of 410 locations, while another 11 are reportedly on their way out. These closures were anticipated by investors, who had already seen a warning in GameStop's SEC filing from December 2025, which stated that the company would close "a significant number" of stores during its fiscal year ending January 31, 2026.
In a surprise move, GameStop CEO Ryan Cohen stands to reap a windfall of up to $35 billion in stock options if he manages to boost the retailer's market value to $100 billion. The development highlights the precarious state of the company, which has struggled to adapt to changing consumer preferences and technological advancements.
The closures are part of an overarching strategy by GameStop to streamline its operations and reduce its presence in several European countries and Canada. Despite a remarkable surge in stock price in 2021, the company's woes have persisted, with failed attempts at venturing into cryptocurrency and non-fungible token (NFT) markets contributing to its woes.
As the retail landscape continues to evolve, GameStop's decision to close hundreds of stores serves as a sobering reminder of the challenges faced by brick-and-mortar retailers in today's digital age.
Like I'm not surprised tbh, gamestop's been struggling for ages and they just can't seem to get it right 
. I mean, trying to get into crypto and NFTs was a wild idea... who thought that was gonna pay off? 
And now they're closing stores left and right, it's like, what were they even thinking? 
Anyway, I guess this is just the latest example of how the retail landscape is changing and those who can't adapt are gonna get left behind 
.
gotta feel for the employees though 
hope they get some sweet severance packages 
. It's like, you'd think with all the new games and releases, people would still want to go into physical stores, but apparently not anymore 
. The thing is, I get it, the world has changed so much since GameStop was at its peak, and they just couldn't adapt fast enough 
. It feels like he's profiting off the company's struggles 
.
400+ store closures is crazy! Did you know that since 2021, the US retail industry has seen a decline of around 7% in sales? GameStop's failure to adapt is just one example. 
like we all knew GameStop was struggling. did u know that their sales dropped by 30% last year alone? 
it's like a warning sign right before an avalanche
. i remember when my friends and i would spend hours browsing their shelves for the latest games, trying to decide which ones to buy. now it seems like they're just trying to survive in a world where everything's digital 
. i feel bad for all the employees who are losing their jobs, though - i hope they get some great severance packages 
.
it's crazy how quickly the industry has changed with online shopping and streaming services. anyway, here's to hoping that gamestop can turn things around and stay relevant in the gaming world 
gamestop was always a part of my childhood gaming experience now they're just disappearing like magic 
. I mean, I get it, the gaming industry has changed so much with online gaming and all that. But still, it's sad to see these iconic game stores just vanish into thin air 
.
What's gonna happen to all those employees? They're people too, you know? 
they must be losing so much money already and now they're cutting more staff? it's so sad to see gamestop struggling I used to love going there as a kid but now i'm just gonna have to remember all my fave games on my pc or console