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Following these reports, GameStop announced it would close over 150 stores in 2017 and expand its non-gaming business. [72] On the same day, however, GameStop said it planned to open 65 new Technology Brand stores and 35 Collectibles stores due to a 44% and 28% increase in sales, respectively. [73]
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were set to close in 2024 alone, including the iconic Macy's San Francisco flagship store. [179]
August 28, 2024 at 10:26 PM. The gaming world may be heading to the digital space, but GameStop refuses to leave the classics behind. The video game retail company is turning some of its stores ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
The retro stores, based on addresses, appear to be retrofitted existing GameStops—or perhaps just a segment of those locations. ... — GameStop (@gamestop) August 27, 2024.
(Reuters) - GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up more than 12% after the bell.
Game Informer (GI)[a] was an American monthly video game magazine featuring articles, news, strategy, and reviews of video games and game consoles. It debuted in August 1991, when the video game retailer FuncoLand started publishing an in-house newsletter. [3][4] It was acquired by the retailer GameStop, which bought FuncoLand in 2000.
GameStop raised $933 million by selling shares to cash in on a meme stock rally last month, when the stock doubled in value, and raised an additional $2.14 billion earlier this month.