GameStop to Close At Least 320 Stores This Year - Videogames Blogs

GameStop to Close At Least 320 Stores This Year



Gamestop has revealed that they will be closing more store in 2020. At least 320 stores will indeed close this year from the gaming-focused chain.

GameStop executive vice president and chief financial officer Jim Bell said the company anticipates store closes will be “equal to or more than” the 320 net closures it saw in 2019. Here is a quote regarding this situation:
“We continue to focus on optimizing our global store fleet in fiscal 2019 and closed a net total of 321 stores inclusive of 333 closings and 12 openings. In fiscal 2020, we will continue in our efforts to de-densify our store base, focused on maximizing product productivity of the entire fleet,” he said. I have been watching the entire GameStop fiasco and I am wondering if they will ever be able to turn things around… We will see I guess.
Source

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Source: Myvideogamenews
URL: http://myvideogamenews.com

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