GameStop closing 250 stores, opening 60-70 in 2013

GameStop will be closing 250 of its stores in 2013, while opening 60-70 new locations and aiming to purchase 40 former Game stores in France.

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Retail giant GameStop will be closing approximately 250 stores in 2013, but will be opening 60-70 new ones during the same period. This is part of an apparent consolidation effort, to close locations that have grown unprofitable or only marginally profitable, while funneling customers toward other nearby locations.

The word of closures came from CFO Rob Lloyd during recent comments at the Goldman Sachs Technology and Internet Conference (via Polygon). Of the closures, 200 will be in the United States while the rest will be in the international market. 200 locations may seem like a large number, but keep in mind the company boasts nearly 4,500 in the United States alone. GameStop is also angling to purchase 40 former "Game" locations in France.

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    February 13, 2013 1:00 PM

    Steve Watts posted a new article, GameStop closing 250 stores, opening 60-70 in 2013.

    GameStop will be closing 250 of its stores in 2013, while opening 60-70 new locations and aiming to purchase 40 former Game stores in France.

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      February 13, 2013 1:09 PM

      and not a single shit was given

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      February 13, 2013 1:15 PM

      Goodbye used game sales.

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      February 13, 2013 1:20 PM

      I care, these fuckers were the only ones who had Ni No Kuni in stock when I went to purchase it. Four other places:

      1. uh Knee No What?
      2. are you sure that's even a game?
      3. are you sure that's not for the Wii U?
      4. we did have it but it sold out both copies...

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        February 13, 2013 2:59 PM

        Best Buy was the only place locally for me to have it in stock.

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          February 13, 2013 3:18 PM

          I tried them, Fry's, Walmart and Target all before I was forced to go to Gamestop, The guy at Gamestop was at least legit enough to know the game. he even talked about some gameplay elements that made me believe he actually owns it.

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            February 13, 2013 3:46 PM

            Yeah, it was the same way for me with Persona 4 Arena when it released last August. Best Buy didn't have it, Gamestop at the mall had it. Same with BlazBlue Continuum Shift Extend. Both of which I bought new, because I don't support their used game racket.

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        February 13, 2013 4:00 PM

        The Playstation Store had it too.

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      February 13, 2013 1:32 PM

      Steve, who cares?

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        February 13, 2013 6:10 PM

        I think you're confusing your sentiments. The truth is we all care, because we're all interested in seeing the demise of a retail chain that corrupted and cannibalized the seemingly simple task of selling awesome video games

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          February 13, 2013 6:11 PM

          This, right here.

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          February 13, 2013 7:23 PM

          some of us want them to fail for those reasons. Others of us have nothing left but blind irrational hatred.

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      February 13, 2013 1:38 PM

      Not too surprising. I live in a pretty small town, and at one point we had three stores within two miles of each other. I think we're down to two now, but even that is excessive.

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      February 13, 2013 2:01 PM

      We got a ton of them in the area I'm in. They need to close some of that shit down.

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        February 13, 2013 2:04 PM

        Yeah, I have about three within two blocks of each other. This is probably a measure to reduce redundant locations.

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          February 13, 2013 2:56 PM

          Especially considering that the acquisitions of Software Etc., FuncoLand and EB resulted in a number of locations that effectively served the same market.

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        February 13, 2013 4:02 PM

        We have two of them in one mall about 1000 feet from each other. I don't understand it.

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      February 13, 2013 3:59 PM

      On a related note, Cash 4 Gold announced the opening of 250 new stores for 2013.

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      February 13, 2013 4:15 PM

      Best Buy? is that you?

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      February 13, 2013 5:23 PM

      GOOD

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      February 13, 2013 6:31 PM

      They should have pre ordered what I don't know

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      February 13, 2013 7:36 PM

      more like gameqwop imho

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