Retail Apocalypse Continues As Gamestop Closes 200 'Under performing' Stores
Another major retail chain is closing stores. Video game seller GameStop says it will close between 180-200 "under performing" stores by the end of the year. GameStop has more than 5,700 stores worldwide but posted a net loss of $415 million in the second quarter of 2019. While most retailers struggle to compete with online shopping, Gamestop has to deal with a market where most games these are just downloaded straight onto a computer or console and don't need physical discs or cartridges.
Question:
When's the last time you shopped at a GameStop?
What can brick-and-mortar stores offer customers that online shopping can't?
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