GameStop announced that its sales are down about 15% for the second quarter of 2019 and the company closed 195 stores in the past year and plans to close another 200-300 in the next year. That is a pretty tiny amount, given that the GameStop chain has around 5800 stores but given the continual decline in sales, the company needs to do something to return to profitability. The only section of the company that has proved profitable is its greater movement into collectibles.
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