Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
GameStop
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
====European decline==== In December 2016, GameStop closed its UK website, completely leaving the UK market.<ref>{{cite web|url=http://www.gamestop.co.uk/|archive-url=https://web.archive.org/web/20161228060307/http://www.gamestop.co.uk/|url-status=dead|archive-date=2016-12-28|title=gamestop.co.uk has moved!|date=28 December 2016|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://www.gamesindustry.biz/whatever-happened-to-gamestop-co-uk|title=Whatever happened to GameStop.co.uk?|first=Christopher|last=Dring|work=[[Gamer Network|GamesIndustry.biz]]|date=17 February 2017|access-date=12 December 2024}}</ref> In December 2019, GameStop announced that it wind down its Nordic operations during 2020, closing its 100 stores across Denmark,<ref>{{cite news|url=https://www.computerworld.dk/art/276810/gamestop-lukker-i-danmark|title=GameStop lukker i Danmark|first=Rasmus|last=Elm Rasmussen|work=computerworld.dk|date=13 December 2019|access-date=12 December 2024|language=Danish}}</ref> Finland,<ref>{{cite news |last=Karismo |first=Anna |date=12 December 2019 |title=Peliketju Gamestop sulkee myymälänsä Suomessa ensi vuonna |trans-title=The game chain Gamestop will close its stores in Finland next year. |url=https://yle.fi/a/3-11115554 |access-date=12 December 2024 |work=[[Yle]] |language=Finnish}}</ref> Norway<ref>{{cite news|url=https://norwaytoday.info/finance/full-stop-for-gamestop-in-the-nordic-region/|title=Full stop for Gamestop in the Nordic region|first=Victoria|last=Garza|work=norwaytoday.info|date=13 December 2019|access-date=12 December 2024}}</ref> and Sweden<ref>{{cite web |last=Arstad Djurberg |first=Joakim |date=4 November 2019 |title=Stor besvikelse efter Gamestops sorti: "de trevligaste kunderna man kan tänka sig" |trans-title=Great disappointment after GameStop's exit: "the nicest customers imaginable" |url=https://computersweden.se/article/1279978/stor-besvikelse-efter-gamestops-sorti-de-trevligaste-kunderna-man-kan-tanka-sig.html |access-date=12 December 2024 |work=[[Computerworld|Computer Sweden]] |language=Swedish}}</ref> by July 2020, and exiting those countries.<ref>{{cite news|url=https://www.gamesindustry.biz/gamestop-winding-down-operations-in-denmark-finland-norway-and-sweden|title=GameStop winding down operations in Denmark, Finland, Norway, and Sweden|first=Rebekah|last=Valentine|work=[[Gamer Network|GamesIndustry.biz]]|date=10 December 2019|access-date=12 December 2024}}</ref> By the end of 2020, GameStop had 954 stores in Europe and sales had fallen to $789 million, with losses of $78.7 million. That November, Ryan Cohen's open letter to the GameStop board suggesting closing or selling loss making operations in Europe was an indication of GameStop's future plans for Europe.<ref>{{cite web|url=https://s.wsj.net/public/resources/documents/RC_Ventures_Letter_to_GameStop.pdf|title=RC Ventures Letter to GameStop|publisher=[[The Wall Street Journal]]|date=20 November 2020|access-date=12 December 2024}}</ref> In October 2022, GameStop decided to withdraw completely from Austria and Switzerland, closing their twenty stores.<ref>{{cite news|url=https://www.weekend.at/chronik/gamestop-schliesst-in-oesterreich|title=Handel: Gamestop macht in Österreich dicht|first=Lukas|last=Steinberger-Weiß|work=Weekend.at|date=10 November 2022|access-date=12 December 2024|language=German}}</ref><ref>{{cite news|url=https://www.20min.ch/story/gamestop-will-in-der-schweiz-alle-filialen-schliessen-massenentlassung-droht-375595398547|title=Gamestop will in der Schweiz alle Filialen schliessen – Massenentlassung droht|first=Philippe|last=Coradi|work=[[20 Minuten]]|date=7 October 2022|access-date=12 December 2024|language=German}}</ref> In Germany, its business would be downsized with only 70 of 170 stores remaining open by March.<ref>{{cite news|url=https://gamerant.com/gamestop-stores-shutdown-europe/|title=GameStop Closed Down More Stores in Europe|first=Pam K|last=Ferdinand|work=[[Valnet|Game Rant]]|date=10 October 2022|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://www.gameswirtschaft.de/wirtschaft/gamestop-filialen-schliessen-120123/|title=Weitere GameStop-Filialen schließen|author=<!--not stated-->|work=GamesWirtschaft|date=12 January 2023|access-date=12 December 2024|language=German}}</ref><ref>{{cite news|url=https://www.rtl.de/cms/gamestop-schliesst-80-filialen-in-deutschland-diese-standorte-sind-betroffen-5027831.html|title=Gamestop muss viele Filialen schließen|first=Aristotelis|last=Zervos|work=[[RTL (German TV channel)|RTE]]|date=4 February 2023|access-date=12 December 2024|language=German}}</ref> In December, the Swiss business was saved by the small Italian gaming retailer, Cidiverte which operates ten stores in Italy, who took over and rebranded all the Swiss GameStop stores by May 2023.<ref>{{cite news|url=https://esports.ch/esportsnews/gamestop-italienische-ladenkette-gamelife-uebernimmt-schweizer-filialen/|title=Gamestop: Italienische Ladenkette "Gamelife" übernimmt Schweizer Filialen|author=<!--not stated-->|work=esports.ch|date=1 May 2023|access-date=12 December 2024|language=German}}</ref> In March 2023, GameStop decided to leave Ireland after another loss making year accumulated its losses to €45.5 million. It closed its 35 stores by June costing GameStop €13 million in severance payments and lease buyouts.<ref>{{cite web|url=https://gamestopie.zendesk.com/hc/en-150/articles/12692889692818-FAQs|title=GameStop Closure in Ireland|publisher=GameStop|date=23 August 2023|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://www.irishexaminer.com/business/companies/arid-41132254.html|title=GameStop confirms closure of Irish stores after losses surpass €40m|first=Emer|last=Walsh|work=[[Irish Examiner]]|date=5 May 2023|access-date=12 December 2024|url-access=limited}}</ref><ref>{{cite news|url=https://www.rte.ie/news/business/2023/0925/1407238-cost-of-closing-gamestop-operations-estimated-at-13m/|title=Cost of closing Irish GameStop operations expected to be €13m|first=Gordon|last=Deegan|work=[[RTÉ]]|date=25 September 2023|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://www.independent.ie/business/irish/gamestops-irish-losses-ballooned-to-455m-before-it-closed-stores-here/a810551498.html|title=Gamestop’s Irish losses ballooned to €45.5m before it closed stores here|first=John|last=Mulligan|work=[[Irish Independent]]|date=25 September 2023|access-date=12 December 2024|url-access=limited}}</ref> Its warehouse and European headquarters in Swords, Dublin was later sold for €5 million.<ref>{{cite news|url=https://www.irishtimes.com/property/commercial-property/2024/10/02/it-company-pays-over-5m-for-gamestop-irelands-former-hq/|title=IT company pays over €5m for Gamestop Ireland’s former HQ|first=Ronald|last=Quinlan|work=[[The Irish Times]]|date=2 October 2024|access-date=12 December 2024|url-access=limited}}</ref> By the end of 2023, Gamestop had only 647 stores left in Europe, operating in France, Germany and Italy. In November 2024, GameStop decided to cease operations in Germany, closing its remaining 69 stores by January 2025, as well as its warehouse and headquarters in Tannheim.<ref>{{cite news|url=https://www.gamingdeputy.com/gamestop-closes-all-branches-in-germany-500-employees-affected/|title=GameStop closes all branches in Germany – 500 employees affected|first=Kryzt|last=Bates|work=gamingdeputy.com|date=29 November 2024|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://gamerant.com/gamestop-leaving-shutting-down-closing-germany/|title=GameStop is Leaving 1 Major Country|first=Sarah|last=fields|work=[[Valnet|Game Rant]]|date=30 November 2024|access-date=12 December 2024}}</ref><ref>{{cite news|url=https://www.gameswirtschaft.de/wirtschaft/gamestop-gutscheine-garantie-vorbestellungen-121224/|title=GameStop-Aus: Die Folgen für Gutscheine, Garantie, Vorbestellungen|author=<!--not stated-->|work=GamesWirtschaft|date=16 December 2024|access-date=12 December 2024|language=German}}</ref> Also in November 2024, GameStop sold GameStop Italy to Cidiverte, a small Italian competitor which operates ten stores under the Gamelife brand. Within six months of the sale, over 250 GameStop stores in Italy will be rebranded as Gamelife stores.<ref>{{cite web|url=https://www.igizmo.it/esclusivo-gamestop-italy-cidiverte-acquisisce-i-punti-vendita/|title=Esclusivo GameStop Italy: Cidiverte acquisisce i punti vendita|first=Riccardo|last=Colletti|work=igizmo.it|date=25 November 2024|access-date=12 December 2024|language=Italian}}</ref><ref>{{cite news|url=https://www.chiccheinformatiche.com/gamestop-italia-non-esistera-piu-la-situazione-e-perche/|title=GameStop Italia non esisterà più? La situazione e perchè|first=Vito|last=Savino|work=chiccheinformatiche.com|date=28 November 2024|access-date=12 December 2024|language=Italian}}</ref><ref>{{cite news|url=https://www.tecnoandroid.it/2024/11/28/gamestop-lascia-definitivamente-litalia-1483831/|title=GameStop lascia definitivamente l’Italia?|first=Margaret|last=Galletta|work=tecnoandroid.it|date=28 November 2024|access-date=12 December 2024|language=Italian}}</ref> Thus by the summer of 2025, aside from Micromania in France, the GameStop brand will have disappeared from Europe. In February 2025, GameStop announced that it intended to sell its French operations.<ref name="woke-1">{{cite press release|url=https://news.gamestop.com/news-releases/news-release-details/gamestop-announces-plan-pursue-sale-french-and-canadian|title=GameStop Announces Plan to Pursue a Sale of French and Canadian Operations|publisher=GameStop|date=18 February 2025|access-date=19 February 2025}}</ref> Ryan Cohen condemned the "wokeness" of France, posting on [[Twitter|X]] that the sale would "include [[woke]]ness and [[Diversity, equity, and inclusion|DEI]] at no additional cost".<ref name="woke-2">{{Cite news |last=Timotija |first=Filip |date=2025-02-18 |title=GameStop CEO decries ‘wokeness and DEI’ as company seeks to sell Canadian and French operations |url=https://thehill.com/business/5152167-gamestop-ceo-attacks-wokeness/ |archive-url=http://web.archive.org/web/20250221141406/https://thehill.com/business/5152167-gamestop-ceo-attacks-wokeness/ |archive-date=2025-02-21 |access-date=2025-02-22 |work=The Hill |language=en-US}}</ref><ref name="woke-3">{{cite tweet|user=ryancohen|number=1891884823465103698|title=Email M&A@gamestop.com if you're interested in buying GameStop Canada or Micromania France. High taxes, Liberalism, Socialism, Progressivism, Wokeness and DEI included at no additional cost if you buy today!|date=18 February 2025|access-date=19 February 2025}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)