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