Wednesday, February 13, 2013

GameStop set to close 250 stores in 2013



Are you guys ready for some news on GameStop closing some stores?



GameStop’s CFO Rob Lloyd announced that the company will close 250 stores throughout the year.

Nothing to worry about if you are a GameStop loyalist…because they also intend to open an additional 60-70 stores across the U.S. Also on top of all that they have just acquired 40 closed GAME stores in France so no major bad news on the retailer side of things just look for those “smaller” GameStop stores that are not making enough money to disappear.

I know I have 6 near me in a 5 mile radius. Just wondering which of these if anyone would be a target for closing.

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