Video game retailer GameStop hasn?t been doing too well in recent years, and the hits don?t stop coming. GameStop held its second quarter earnings call today, announcing that it would be closing down between 180-200 ?underperforming? stores this year. This announcement follows a couple massive rounds of layoffs, including one that affected a large portion of the editorial staff at Game Informer.
GameStop currently operates more than 5700 stores worldwide, and earnings call indicated that a majority of them were profitable. The total number of ?opportunistic? closures based on performance alone amounts to fewer than 5% of GameStop?s brick and mortar locations. Gamesindustry.biz reports that this is the beginning of on ongoing effort that will result in a ?much larger tranche? of additional locations closing down over the next two years.
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