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

View Comments (1)
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

Miitomo

Miitomo and My Nintendo Launching this Spring

Eleni DiCarloFebruary 4, 2016
Overwatch

Overwatch’s 2nd Closed Beta Release Date Announced

Chris PenwellFebruary 4, 2016
Mirror's Edge Catalyst

Mirror’s Edge Catalyst Closed Beta Available for Registration

Christopher CrossFebruary 4, 2016
Doom

Doom Will Finally Fight Through Hell in May

Christopher CrossFebruary 4, 2016
Hitman

Hitman Beta and a World of Assassination Revealed

Christopher CrossFebruary 3, 2016
Firewatch

Firewatch Price Revealed With New Ambience Trailer

Christopher CrossFebruary 2, 2016
k3

Indie-Horror Game Kholat Headed to PS4 in March

Emma HarrisFebruary 2, 2016
Lego The Force Awakens Screen (1)

Lego Star Wars: The Force Awakens Announced

Chris PenwellFebruary 2, 2016
ssb-february-dlc

Bayonetta and Corrin Super Smash Bros DLC Arriving This Week

Eleni DiCarloJanuary 31, 2016