GameStop has announced that it will reopen "select closed stores" across the United States, with the first locations returning on September 11. The company has not specified the exact number of stores involved in this reopening initiative, though a spokesperson indicated at least one store would reopen on the initial date.
This decision follows a period of extensive store closures for GameStop. Reports indicated approximately 470 locations were slated for closure or had already closed by January 2026, part of a broader strategy to reduce costs and improve profitability. Hundreds of stores were also closed in the previous fiscal year, significantly reducing the company's physical retail footprint.
The reopening of physical stores is notable given the industry's shift away from physical game media towards digital downloads. However, GameStop's business has diversified beyond physical games. CEO Ryan Cohen stated in July that software accounted for less than 12% of the company's business, while fiscal 2025 filings showed software, including physical games and digital codes, at 20.1% of sales.
Collectibles have become a significant revenue stream for GameStop, contributing 29.2% to fiscal 2025 revenue and experiencing 47.7% year-over-year growth. This shift in focus may enable the company to sustain select physical locations despite the decline in physical game sales.
While these reopenings mark a change from recent trends, the announcement is considered a limited reopening rather than a complete reversal of GameStop's broader strategy to reduce its physical presence. The company continues to adapt its business model in response to evolving market conditions in the gaming and retail sectors.
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GameStop announced it is reopening an unspecified number of previously closed stores across the U.S. beginning September 11. This move follows significant store closures in recent years as the company shifts its business focus beyond physical game sales.