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The world’s biggest video game retailer, GameStop, has a major problem: It has way too many stores (GME)

FILE PHOTO: The GameStop store sign is seen at its shop in Westminster, Colorado January 14, 2014.   REUTERS/Rick Wilking

  • GameStop, the world’s largest video game retailer, has a major problem: It has way, way too many stores.
  • With over 5,700 GameStop locations around the world as of September 2019, and a stock price in the gutter, GameStop is tightening the ship.
  • As many as 200 stores are being closed by early 2019. GameStop CFO James Bell said he expects a “much larger” group of stores will be closed in the next one to two years.
  • It’s easy to see why: If you’re standing in a GameStop, you’re statistically likely to be within five miles of another GameStop, according to read more >>>

    Source:: BusinessInsider.Com