Categories: Headlines

GameStop to Close up to 450 Stores

GameStop (Grapevine, Texas) will close 100 more stores than originally planned, reports CNN. Between 400 and 450 stores will close this year, more than the 320 stores the retailer announced it would close this spring.

Though second quarter e-commerce sales grew 800 percent, overall revenues underperformed analysts’ expectations, declining 12.7 percent. GameStop currently operates 5122 stores globally.

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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