GameStop Has Closed Nearly 400 Stores This Year

GameStop has closed hundreds of stores so far this year, and more closures are planned.

During the company's latest earnings call, CFO Jim Bell confirmed all the key numbers. In the past three months, GameStop closed 206 stores worldwide. For the year to date, GameStop has closed 388 stores worldwide, and this includes shutting down all of its operations in Denmark, Finland, Norway, and Sweden.

GameStop now operates 5,122 stores globally, and this is 602 fewer than this time last year. For the current fiscal year, GameStop plans to close a total of 400-450 stores.

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