GameStop closes 150 stores in 2017 due to declining sales.
Of course, the GameStop chain of stores remains dominant in the American market when it comes to game sales, as it is the authorized first distributor there. Mr. Paul Raines, the general manager of the company, mentioned yesterday that sales of games, consoles, and software have seen a significant decrease across all levels recently.
This has led the company to incur a significant financial loss, prompting action to stop the bleeding. This has led the company to close around 150 stores across the United States, which represents about 2% of GameStop’s total stores.
A very large number indicates that the market is currently going through a very difficult phase. We hope it passes quickly through new titles that attract more audiences. Best regards.