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On a conference call with investors, company leaders said the retailer would be closing between 180 and 200 stores, according to multiple media reports.
Most of the “underperforming” closures will come in the next 12 to 24 months.
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New hardware sales including game consoles dropped more than 41 percent, which the company blamed on announcements of next generation console launches next year; software sales declined 5.3 percent; accessories sales decreased 9.5 percent; and pre-owned sales dropped 17.5 percent.
GameStop has been working in recent months to turn around its operation and strengthen the organization. But it decreased its total annual outlook, saying it expects sales decreases in the teens rather than the 5 to 10 percent previously expected.
There are several GameStop store in the Dayton region, including in both the Dayton Mall and Mall at Fairfield Commons. The Dayton Daily News has reached out to GameStop to see if any local stores will close.
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