GameStop is kicking off 2026 by shutting down over 400 stores in 42 states

Published: (January 11, 2026 at 11:57 AM EST)
1 min read
Source: The Verge

Source: The Verge

GameStop to shut down over 400 stores in 42 states

GameStop CEO Ryan Cohen is in line to potentially earn $35 billion in stock options, provided the company reaches a $100 billion market cap. One way to hit that target is by cutting costs, and a major cost‑cutting measure is closing a large number of stores. The company closed 590 stores in fiscal year 2020…

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