GameStop is closing another 300+ stores this year Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. GameStop is closing another 300+ stores this year "These closures are part of our de-densification plan." News by Vikki Blake Contributor Updated on 29 Mar 2020 44 comments US specialist retailer, GameStop, has confirmed it's closing at least 320 stores over the next 12 months. The company has already closed 321 stores as part of restructuring efforts in the financial year ending February 2020, and now a similar number of its 5,500 stores are expected to shut by the end of this financial year, too. The closures come in spite of the company reporting a net income of $21 million (£16.8 million) at the end of the last financial year. At the time of writing, it's unclear which territories will be impacted, but the company has stores in 14 different countries, including Austria, Denmark, France, Germany, Ireland, Italy, Norway, Switzerland, and Sweden. "[We] anticipate store closures to be equal to or more than 320 net closures we saw in fiscal 2019 on a global basis," GameStop executive vice president and chief financial officer Jim Bell told investors in an earnings call this week (thanks, Gamasutra). "Importantly, we want to emphasise that these store closures are a very specific and proactive part of our de-densification plan and they are not related to recent business trends", Bell added, suggesting the decision does not come in the wake of the coronavirus pandemic. A number of specialist video game retailers came into heavy criticism recently for choosing to keep their stores open despite social distancing rules recommended by governments across the world. Whilst GameStop eventually bowed to pressure and shuttered last weekend, UK retailer Game was not amongst the firms that had voluntarily halted operations following the government's announcement that all bars and restaurants would be closed. Many game stores, including Argos, Currys, CEX, and Smyths, elected to remain open across the UK. Game did eventually announce it would be closing its Belong arenas in light of the government's social distancing guidelines, but initially insisted it would keep its retail stores open - a deeply concerning prospect for many of its frontline staff. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 59 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 4 Google announces cloud gaming Chromebooks less than a fortnight after Stadia shutdown GeForce Now preinstalled. 11 Latest Articles Preview Football Manager's new Console edition is the best you'll get without a PC Getting Touch-right. Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 59 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 4 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store