Your neighborhood GameStop could be on the chopping block, along with over 400 other retail locations across the US. As first reported polygonThe retailer is adopting serious cost-saving measures by closing several hundred physical locations. According to a blog tracking GameStop closures, 410 locations have been confirmed to close or are already closed as of January 10, with another 11 locations reportedly set to close as well.
As polygon indicated that these closures are not a surprise given GameStop’s SEC filing for December 2025, which indicated it would “expect to close a significant number of additional stores in fiscal year 2025”, which will end on January 31, 2026. The same filing reported that the company’s board will pay up to $35 billion in stock options to GameStop’s CEO, Ryan Cohen, given that it boosts the retailer’s market cap to $100 billion.
While the blog only covers the closure in the US, the SEC filing also states that GameStop plans to reduce its presence in several other European countries and Canada. Even though GameStop saw historic growth in market value in 2021, it has struggled with brand direction, as seen with failed attempts to offer a crypto locker and NFT marketplace.
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