GameStop reportedly shuts hundreds of US stores as CEO strives for $35bn pay packet

GameStop has quietly shuttered hundreds of its US stores, marking a significant contraction for the once-ubiquitous game retailer. This downsizing comes as the company’s CEO is reportedly angling for a pay package worth an eye-watering $35 billion, a figure that has raised eyebrows across the industry. The closures reflect the ongoing struggles brick-and-mortar game shops face amid shifting consumer habits and increasing digital sales. While specific details about the locations affected remain scarce, the move signals a major pivot for GameStop as it attempts to redefine its future in a crowded and quickly evolving gaming landscape.

Source: eurogamer.net