It's game over for more than 100 GameStop retail locations. The company announced earlier this week that it's shutting down 2% to 3% of its stores. GameStop (GME) currently operates more than 6,600 stores globally, including 4,400 in the United States. Bright spots for GameStop include its non-gaming related brands, like Spring Mobile, and its sales of pop culture collectibles, which are sold at GameStop stores. And earlier this week, Sears (SHLD) -- which also owns Kmart -- said it has "substantial doubt" the company will survive.
Source: CNN March 25, 2017 16:27 UTC