GameStop closed over 1,000 locations in 2023 and plans to close even more in the future.
The specialty gaming and electronics retailer revealed that it expects to close a “significant number” of shops, according to a report from CNN.
While Gamestop hasn’t identified the locations on the chopping block, it has announced plans for its next chapter.
The company says it plans to make a significant investment into bitcoin.
Axios reports GameStop currently has more than 3,000 locations, including 2,325 in the U.S. GameStop has more than 15 locations in Alabama, including retailers in Tuscaloosa, Cullman, and the Birmingham metro area.
What other retailers are closing locations?
JOANN Fabrics, which filed for bankruptcy in February, is closing 500 of its 800 stores. Forever 21’s US retail operator has filed for bankruptcy twice and will close all of its stores in the United States. Kohl’s is closing 27 underperforming stores in over a dozen states.
