Overview
- Employee reports and a closure-tracking blog list roughly 410–435 U.S. locations shutting in January across about 42 states, equating to an estimated 20–25% of the company’s domestic footprint.
- SEC filings show 590 U.S. stores closed in fiscal 2024 and forecast a significant number of additional closures before fiscal 2025 ends on January 31, 2026, alongside a pullback in select international markets.
- GameStop has not issued a comprehensive, centralized list of affected locations, so counts reported by outlets vary and remain unofficial.
- Workers describe abrupt, short-notice shutdowns affecting even well-performing stores, with customers noting longer drives to remaining locations.
- The board’s new performance-based option plan could be worth up to $35 billion for CEO Ryan Cohen if market capitalization milestones up to $100 billion and cumulative EBITDA targets up to $10 billion are reached.