Andrew Rockett

GameStop is staying committed to its “de-densification plan,” which probably means curtains for at least 321 stores this year according to Chief Financial Officer Jim Bell. On a recent earnings call, Bell said that he anticipates the chain closing as many or more GameStop stores in 2020 than the net 321 closures that it carried out in 2019. The franchise is no stranger to struggle lately, suffering from tanking stock prices, sapped employee morale, and an embarrassing, unsuccessful attempt to classify itself as an “essential retailer” in California amidst COVID-19 lockdowns. However, Bell states that these closures are part of […]

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