Overview
- Independent tracking indicates about 410 confirmed U.S. closures, with 11 more reported but unverified, based on local notices and a dedicated closures blog.
- GameStop signaled the reductions in a December 2025 SEC filing that said it anticipated a significant number of additional store closures in fiscal 2025.
- A January 7 SEC filing detailed a performance-based stock option plan that could award CEO Ryan Cohen up to $35 billion if targets including a $100 billion market cap and $10 billion in cumulative performance EBITDA are reached.
- The retailer closed 590 U.S. stores in fiscal 2024 as part of a store portfolio optimization effort disclosed in its 10-K.
- Reporting also describes continued international retrenchment, including asset sales or exits in parts of Europe, an intended sale of the Canadian business, and potential changes under review in New Zealand.