Is the end nearing for GameStop001 Archives
The video game retailer closed hundreds of stores right before the new year. Now, it seems even more GameStop stores will be closingas 2025 gets in full swing.
With the move to digital downloads and some video game consoles leaving physical media behind altogether, the writing has been on the wall for GameStop for a number of years. However, in 2021, the meme stock craze, led by investor Keith Gill also known as "Roaring Kitty," gave new life to the company.
But, it doesn't appear like GameStop has been able to turn things around, at least when it comes to its retail stores.
Since 2020, GameStop has closedmore than 700 stores. In December 2024, right before the new year, the company shuttered nearly 300 retail locations.
While there has been no official announcement on the latest batch of closings, the first of 2025, local media outlets are starting to report on their local GameStop stores suddenly shuttering. For example, Michigan local news outlet MLive has just reportedthat the GameStop location in the Westwood Mall in Jackson, MI is closing down on Jan. 4.
But, the news about these new year store closings first broke over on Reddit. The GameStop subreddit has filled up with posts over the past 24 hours from employees that just found out that their store will be shuttering and that they are out of a job.
"Just got informed my store is closing, just as many others have," posted user Public_Direction9896. "Godspeed to you all. Friendly neighborhood GameStop employee, signing out."
"Been with the company for almost 8 years. Got the call this afternoon. I'm devastated," wrote Razenkaji on r/GameStop.
Mashable has contacted GameStop to comment on the reported closures and will update this story should they respond.
Unlike GameStop's workers, Gill, aka Roaring Kitty, doesn't have to worry about finding new employment. While the company shutters stores, Roaring Kitty's GameStop stock holdings are still going strong.
Roaring Kitty's last update on Redditin June of last year showed that he was still holding 9 million GameStop shares, which is equal to roughly $280 millionbased on what the stock is currently trading at.
This Tweet is currently unavailable. It might be loading or has been removed.
Gill has also allegedly dropped hints that he was looking at another video game company's stock. On New Year's Day, Roaring Kitty posted a GIFof comedian Dave Chappelle dressed as Rick James from a 2004 episode of Chappelle's Show.
The post went viral, receiving tens of thousands of retweets and likes. Roaring Kitty's followers quickly put things together and believe the GIF was a reference to James' song "Unity" which in turn was referencing the video game company Unity Software. Unity's stock quickly shot up by 8 percent and is still trading at above where it was before Roaring Kitty's post.
Topics Memes Reddit Video Games
Harvey Weinstein has been fired amid sexual harassment accusations'The Walking Dead' will finally cross over with 'Fear,' says Robert KirkmanSafelite has seen 'Saturday Night Live' sketch, and they aren't happyPremium esports shows are heading to HuluWhy teenage boys don't want to call themselves feminists'Game of Thrones' Season 8 filming dates give us a premiere date clueThe BlackBerry Motion has no physical keyboard and its battery life is enormousNow that Amazon's a thing, malls have to get creative to surviveTesla delays semi truck debut to focus on Puerto Rico aid and Model 3Hurricane Nate intensifies as it takes aim at vulnerable Gulf CoastHuge update should fix most problems of the Essential Phone's cameraRick and Morty fans and McDonald's prove we can't have nice thingsWanted man taunts police on Facebook, it backfires big timeTrump marks oneMashReads Podcast: Getting nostalgic over hope and change with former Obama speechwriter David LittA new Star Wars trailer is dropping during Monday Night FootbalThe BlackBerry Motion has no physical keyboard and its battery life is enormousThis new Girl Scouts site is a 'treasure chest' of tips for girls to make a differenceWatch the Tesla Model 3 production process in slow motion'Rick and Morty' co What is TikTok's watermelon 'Filter for Good'? Priscilla: A Ghost Story Tinder users are using ChatGPT to message matches Purfect Prose: An Appreciation of Kitty Litterature Can a Novel Be a Fugue? Donald Trump has an aide who follows him on the golf course to show him positive articles How to do a digital 'detox' Putting on the Veil: Boys Invade an All Microsoft Teams launches creepy AI webcam trick that cleans up your dirty room Instagram now lets you share Reels and posts with just close friends What (Else) Our Writers Are Reading This Summer Suzanne Ciani and the Subliminal Property of Being Human The Sneaky Brilliance of Geoff Dyer’s “Into the Zone” Abdo Shanan’s Algerian Photographs by Kaelen Wilson Little Red and Big Bad Humane Ai Pin updated its video after featuring incorrect answers What Insanity Is This, Dr. Euclides? Meet the graphic designer behind New York Magazine's viral nepotism baby map Life’s Dull: A Letter from Philip Larkin to Kingsley Amis AI Manga filter on TikTok: How to get it
2.8328s , 10139.15625 kb
Copyright © 2025 Powered by 【2001 Archives】,Warmth Information Network