![GameStop Closing Hundreds of Stores](http://townsquare.media/site/698/files/2019/09/GameStop.png?w=980&q=75)
GameStop Closing Hundreds of Stores
GameStop will close 180-200 stores!
According to WGME13, GameStop as over 5,700 stores in 14 different countries! But sales are down significantly for the second year in a row. These stores will close by the end of 2019, and there could be more stores closing in 2020, the news station reports.
GameStop has been having double digit decline and were down over 14% from last year, according to WGME, and they are looking at losses totaling over 400 million dollars! The stock price dropped back in march 40% in one day and has only recovered slightly since, the news station stated.
They will be closing under performing stores, with most of the 4700 stores in the US.
Despite being one of the biggest video game retailers, they've been hit hard by online sales. It seems to be the one kryptonite of brick and mortar places.
No word on the specific stores that will have to close, or how many employees will be affected, but Maine has six locations!
- Biddeford
- South Portland
- Scarborough
- Lewiston
- Augusta
- Waterville
More From 94.3 WCYY
![Walgreens Plans on Closing Stores, but Will Any Be in Maine?](http://townsquare.media/site/698/files/2024/07/attachment-Walgreens-Portland.jpg?w=980&q=75)
![The 5 Fastest-Growing Jobs in Maine Right Now](http://townsquare.media/site/698/files/2024/05/attachment-Untitled-design-2024-05-21T102336.202.jpg?w=980&q=75)
![Liquid Riot in Portland, Maine, to Close Permanently and Undergo Rebranding](http://townsquare.media/site/698/files/2019/03/Liquid-Riot1.jpg?w=980&q=75)
![Longtime Chili’s Restaurant Near the Maine Mall in South Portland to Permanently Close](http://townsquare.media/site/698/files/2024/04/attachment-Chilis-South-Portland.jpg?w=980&q=75)
![After 47 Years in Business, the Legendary Pizza Joint in Maine is Permanently Closing](http://townsquare.media/site/698/files/2024/04/attachment-Untitled-design-2024-04-03T132134.692.jpg?w=980&q=75)
![Family Dollar Closing 1,000 Stores Nationwide, Maine to Be Affected](http://townsquare.media/site/698/files/2024/03/attachment-GettyImages-452851134.jpg?w=980&q=75)
![Bethel, Maine, Named the Most ‘In-Demand’ Town in the State for Homes](http://townsquare.media/site/698/files/2024/01/attachment-RS46263_GettyImages-186182670-scr.jpg?w=980&q=75)
![Maine’s Most Popular Video Game Seems Very Boring](http://townsquare.media/site/698/files/2024/01/attachment-Untitled-design-2024-01-15T111845.006.jpg?w=980&q=75)
![Study Shows Maine Residents Carry the Highest Property Tax Burden in the Nation](http://townsquare.media/site/698/files/2024/01/attachment-Untitled-design-66.jpg?w=980&q=75)