adminGameStop store closures are being reported across the United States, alongside plans for further reductions in the company’s retail footprint. The closures come as the retailer continues to restructure its business and sets a substantial performance target for CEO Ryan Cohen.
Image credit: GameStop
GameStop store closures reported across the US
Social media posts have documented store shutdowns in multiple parts of the country. At the time of reporting, the GS Closing blog listed 390 GameStop locations as closed, with another 10 closures reported but not confirmed. Because these figures were compiled from reports rather than a confirmed company-wide list, the unverified locations should be treated separately from the confirmed tally.
GameStop’s annual filing provides additional context. In its 10-K for the financial year ending in February 2025, the company said it had closed 590 US stores during fiscal 2024. It also told investors to expect to close “a significant number of additional stores” in fiscal 2025. The filing’s figures cover a defined financial year, while the social media tally reflects reported closures at the time of publication; they are not necessarily directly comparable.
Practical note: Customers planning a visit can check the location’s current status before travelling, since store information and reported closure lists may change.
Reported EB Games changes in New Zealand
Store reductions may extend beyond the US. Reports have indicated that GameStop is considering closing its EB Games subsidiary in New Zealand. Managing director Shane Stockwell reportedly told staff that the proposal was “not final” and that a decision would follow a full consultation process with affected employees.
GameStop’s 10-K listed 38 stores in New Zealand. That figure describes the company’s footprint in the filing and does not, by itself, confirm that those locations are scheduled to close.
GameStop has also reduced its international presence in recent years. It has ended operations in Ireland, Switzerland, Austria and Germany, sold its Italian subsidiary, and was seeking buyers for its French and Canadian businesses at the time of reporting.
How the closures relate to GameStop’s financial targets
Alongside the cost-cutting measures, GameStop announced a long-term performance award for CEO Ryan Cohen. The reported $35 billion figure is tied to a demanding condition: increasing the company’s market capitalization to $100 billion. It is a performance-based target, not a guaranteed payment.
At the time of reporting, GameStop’s market capitalization was $9.52 billion. Even during the January 2021 short squeeze, when its shares reached $483.00—or $81.25 after two stock splits—the company’s market capitalization was $33.7 billion. These figures show the scale of the target, but market values and share prices can change.
Sales trends behind GameStop’s restructuring
Financial results also indicate pressure across several parts of the business. Between fiscal 2023 and fiscal 2024, net sales fell 27.5% to $3.8 billion. Hardware and accessories sales declined 29.9%, software sales fell 33.9%, and collectibles sales decreased 4.8%.
The figures suggest that the reported GameStop store closures are part of a broader effort to adapt the retailer’s operations as sales change. For readers following the company, it is useful to distinguish confirmed annual-report data from store-by-store reports, which may be incomplete or unverified.
What to know about GameStop store closures
GameStop reported closing 590 US stores in fiscal 2024 and anticipated significant additional closures in fiscal 2025. Separate reports identified hundreds of more recent shutdowns, while some locations remained unconfirmed. The company’s international changes and declining sales provide further context, but individual store status should be checked locally. These details offer the clearest available picture of GameStop store closures at the time of reporting.
