Game News

GameStop to Close 120 Stores, Targeting Mobile

GameStop to Close 120 Stores, Targeting Mobile

It looks like the retail giant Gamestop will be moving more into the mobile space. Paul Raines the CEO of GameStop told investors about future plans and their new initiative called GameStop 3.0.

GameStop has made it no secret that they want to aggressively pursue and expand into the mobile space, particularity Apples.

 “…a new phase of the company’s lifespan that will see it aggressively expand its footprint into gaming-adjacent tech fields,” – GameStop CEO.

As a result of this new initiative GameStop plans to shut down around 120 stores. As of now GameStop has near 6,500 stores world-wide. Aside from mobile, GameStop sees the new consoles as an enormous success and expects the consoles to generate around $18 billion by the end of 2015.

Via Gamesindustry, IGN

Game News
@mattypao90

Granite state inhabitant, a/v enthusiast, gamer of most things but primarily an Xbox guy. Currently studying journalism at UNH. On very rare occasions I venture outside to do some hiking or grocery shopping. Slightly indecisive, constantly looking for bigger televisions. My birthday is the day after Christmas and I highly dislike the word "aspire."

More in Game News

kingdom hearts (1)

Kingdom Hearts ReMIXes Are Not Coming To PS4

Chris PenwellAugust 3, 2015
nba 2k16

Pro-Am Mode Announced For NBA 2K16

Chris PenwellAugust 1, 2015
World of Warcraft BagoGames

New World of Warcraft Expansion To Be Announced At Gamescom

Chris PenwellJuly 31, 2015
ZombiU Ready, Aim, Fire BagoGames

This is How Zombi’s Going to Scare You With Just One Screen

Tim GruverJuly 31, 2015
just dance 2016 (1)

Just Dance 2016 Demo Now Available

Chris PenwellJuly 31, 2015
tangiers

Tangiers 2015 Trailer Released

Brett MadiganJuly 31, 2015
dengeki

Dengeki Bunko: Fighting Climax Release Date Announced

Chris PenwellJuly 31, 2015
final-fantasy-explorers

Final Fantasy Explorers NA and EU Release

Eleni DiCarloJuly 30, 2015
ZombiU Cover Art BagoGames

ZombiU’s Dropped a Letter for Release on Xbox One and PS4

Tim GruverJuly 30, 2015