GameStop Closing 'Up To 200 Stores' Across The World Skip to content Click here to check out the GameByte Shop great games, consoles and more! A lot of people will be affected by this. GameStop Closing ‘ Up To 200 Stores’ Across The World 13 September 2019 by Lara Jackson We’ve all made jokes about GameStop and its low offerings when you trade in old games at some point in our lives, but there’s a lot of people who depend on the stores and their job roles to make a living. Sadly for those people, GameStop has announced that it’ll be closing up to 200 stores across the globe, with countless jobs being affected. It’s rumoured that even more could be closing as time goes on. Credit: Pixabay During the company’s most-recent earnings call, GameStop CFO Jim Bell admitted that sales have dropped by 14.3% year-over-year, with the company posting a net loss of $415 million in its Q2 earnings report.ADVERT ADVERT Bell went on to explain that 95% of the company’s 5700 stores worldwide are profitable, but that some will be closed though this is down to more than just their profitability. Credit: GameStop Once upon a time, video game stores were an integral part of the high street shopping experience, but now online retailers and digital downloads have made it easier, faster and cheaper than ever to buy games. It can often be much more expensive to pick your game up in-store rather than online, and as the pre-order culture of gaming shifts, physical games stores are sadly becoming less and less necessary.ADVERT ADVERT Gamestop closing 180-200 stores before the end of this year. Expect to close a much higher number of stores over the next 12 to 24 months. pic.twitter.com/X9kCN9BJFL- Daniel Ahmad (@ZhugeEX) September 11, 2019 The news has caused some controversy on Twitter as lots of people celebrate the closing of the controversial stores – despite the many people who will be losing their jobs. One user responded: “For anyone saying how happy they are with GameStop struggling and closing stores. Just remember we need stores like these to stay open. Need competition. Also I throughly enjoy going to Gamestop and the fact they offer collectible figures and not get price gouges.” For anyone saying how happy they are with GameStop struggling and closing stores. Just remember we need stores like these to stay open. Need competition. Also I throughly enjoy going to Gamestop and the fact they offer collectible figures and not get price gouges.- EctoCooler79 (@EctoCooler79) September 11, 2019 Well said!ADVERT ADVERT Hopefully those who will be affected by the GameStop closures will be able to find employment elsewhere! Featured Image Credit: GameStop TweetShareSharePin Follow us on @GameByte @gamebyte GameByte GameByte GameByte Noobs Play @GameByte @gamebyte GameByte GameByte GameByte Noobs Play External Links Policy GameByte Staff About GameByte Advertise with us Careers Ambassador Program Contact Terms and Conditions Privacy Policy Cookie Policy Manage Cookies Preferences Submit Your Content FragHero Sporf 9 to 5 Life Social Chain Social Chain Agency