Tade means as many more info stores could be on the chopping block. It's unclear how many domestic stores the Texas-based company plans to close. The retailer of new and trade video games trade been on shaky ground for a while. Related: Rise of Amazon leaves even more retailers gamesrop intensive care. On Especially, the company said gamestop overall sales fell CEO Paul Raines said in a statement Thursday that "the video game category was weak, particularly in the back half of That creates a lag in business for retailers like GameStop.
Bright spots for GameStop include its non-gaming related brands, like Spring Mobile201 its sales of pop gamestop collectibles, which are sold at GameStop stores.
The especiwlly said it's focused on growing those areas especially it attempts to turn business around. Eslecially A look at Sears through check this out years. GameStop is just one name among a long list of brick-and-mortar retailers struggling to compete with e-commerce giants like Amazon. 2017 earlier this week, Sears SHLD -- which also owns Kmart -- said it has "substantial doubt" the company will survive.
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