Andrew Rockett

In its continued efforts to stay as optimized as possible in an unforgiving market, GameStop is now preparing to close as many as 450 stores across the United States. The news came out of an earnings call last Wednesday, in which Chief Financial Officer Jim Bell stated that closing extra stores will enable Gamestop to “more efficiently and profitably service [its] customers.” Although the retailer has been struggling for years amidst the digital revolution and the rise of microtransaction-heavy games like Fortnite gobbling up market space previously held by lucrative used games, the COVID-19 pandemic probably hasn’t helped matters much, either. […]

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