Popular Retailer With Over 4,000 Stores Planning More Closures, What About MA?

Massachusetts continues to be a victim of the Retail Apocalypse. It's now to the point where every day we are hearing about another business shutting down underperforming stores. Whether it's Advance Auto Parts, Stop & Shop, Big Lots, Macy's (and the list goes on) retailers are trimming the fat on a regular basis.

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Another retailer that has already closed some stores is planning for more store closures. GameStop which recently closed 300 stores is in talks to close more underperforming stores.

In a filing with the Securities and Exchange Commission, GameStop stated, "While a specific set of stores has not been identified for closure, we anticipate... the closure of a larger number of stores than we have closed in the past few years."

It's no secret that brick-and-mortar stores are having difficulty keeping their doors open. It seems like GameStop faces a deeper struggle. Much like DVDs and CDs, hard-copy video games are becoming a thing of the past in favor of digital downloads.

One of the biggest challenges that underperforming retailers face is that many people prefer to shop online due to convenience and the fact that they can scout out the best prices possible. GameStop is facing the same challenge.

While it hasn't been revealed which stores will be facing closures, Massachusetts has quite a few GameStop stores across the state including Springfield, Worcester, and Brookline to name a few. As of this past spring, there were approximately 4,170 GameStop stores worldwide, including 2,915 in the United States. You can find a Game Stop store near you by going here.