GameStop closing more than 180 stores

Business

(WTVO) — It may be “game over” for GameStop as the struggling video game retailer announced it will be closing over 180 of its stores.

The company said the closures at underperforming locations will take place over the next six months.

According to GameStop executives, the company’s financial woes are attributed to consumers shifting towards streaming and online games, rather than purchasing in-store consoles and video games.

GameStop has already closed 195 stores within the last 12 months.

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