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Home / Business and Economy / GameStop Stores Vanish: 470 Closures Announced!

GameStop Stores Vanish: 470 Closures Announced!

20 Jan

•

Summary

  • GameStop to close approximately 470 stores in January.
  • The retailer will have under 2,000 locations remaining.
  • California and Texas face the largest number of closures.
GameStop Stores Vanish: 470 Closures Announced!

GameStop is preparing for a significant reduction in its physical presence, with approximately 470 store closures anticipated in January 2026. Following these closures, the video game retailer will operate fewer than 2,000 stores, a substantial decrease from its historical peak of over 6,000 locations. California is projected to be the most affected state, with 50 closures planned, followed by Texas with 44, New York with 30, Florida with 25, and Pennsylvania with 24.

The company, founded in 1984, once dominated the video game retail market, famous for midnight releases of popular titles. However, the shift towards digital downloads and online sales severely impacted its business model. Despite a brief resurgence in its stock price in 2021 due to a meme stock phenomenon, GameStop has struggled to achieve consistent profitability. Efforts to reinvent itself as an e-commerce and technology-focused retailer under Chairman Ryan Cohen have yet to yield sustained financial success.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
GameStop is expected to close approximately 470 stores in January 2026.
California and Texas are anticipated to have the highest number of GameStop store closures.
After the planned closures, GameStop will have fewer than 2,000 stores remaining.

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