GameStop is pulling the plug on some 30 New York stores as part of a nationwide shutdown that will wipe out more than 470 locations by the end of the month, according to an online compilation of the closures.
The New York shutdowns span every corner of the state — from New York City and Long Island to Westchester, the Hudson Valley and upstate — and include both mall-based and standalone locations.
In the Big Apple, multiple GameStop stores were set to go dark across the five boroughs, according to the compilation, which was based on publicly available info about “recently close” branches on GameStop’s official site.
A South Bronx store is already closed, while Brooklyn locations in Bensonhurst, Brownsville and downtown were slated for shutdowns later this month.
GameStop is also shrinking its Long Island footprint, with stores in Valley Stream, Rosedale and West Islip on the chopping block.
The company has shuttered a White Plains location and a Yonkers store at the Cross County Center, too.
Upstate and suburban New York were heavily represented on the list.
Closures were planned in Buffalo, Rochester, Middletown, Poughkeepsie, Plattsburgh, Ithaca, Amsterdam, Lockport, Evans Mills, Hudson, Monticello and Herkimer, among others.
The New York shutdowns are part of a massive national retrenchment that is unfolding as GameStop wraps up its fiscal year, which ends on Jan. 31.
Stores across 43 states were slated to close by the end of this month, capping off one of the most aggressive retail pullbacks in the company’s history.
The January wave follows the closure of 590 US stores during the prior fiscal year.
Combined, the two rounds mean GameStop will have shuttered more than 1,000 locations in roughly two years, slashing its once-sprawling footprint by a staggering margin.
At its peak, the video game retailer operated more than 6,000 stores worldwide.
After the latest cuts, the chain is expected to be left with fewer than 2,000 locations.
Despite the scale of the closures, GameStop has largely stayed quiet publicly.
Individual shutdowns have been confirmed through the company’s online store locator, which now labels hundreds of locations as closed with no reopening date, as well as through local reporting in affected markets.
In a December filing with the Securities and Exchange Commission, GameStop said it planned to close “a significant number of additional stores” during fiscal 2025 as part of a store portfolio optimization review.
The company’s most recent quarterly earnings report, released in December, showed net sales slipping to $821 million from $860 million a year earlier, even as net income improved to $77.1 million.
The pullback comes years after GameStop became one of the most recognizable names in finance during the 2021 meme-stock frenzy, when a surge of retail trading briefly sent the company’s shares soaring and turned the struggling business into a Wall Street spectacle.
The stock-market mania, fueled by online traders rallying around GameStop as a symbol of defiance against hedge funds, gave the company renewed attention and fresh capital — but it did not solve the long-term problems facing its brick-and-mortar business.
The Post has sought comment from GameStop.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
