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GameStop Plans More Store Closings, Taking Advantage of Short-Term Retail Leases

Video Game Company Sells, Leases Back Corporate Real Estate in US, Canada, Australia
GameStop has about 5,100 stores across 10 countries, according to the company's latest quarterly report. (Getty Images)
GameStop has about 5,100 stores across 10 countries, according to the company's latest quarterly report. (Getty Images)
CoStar News
September 14, 2020 | 10:11 P.M.

Video game retailer GameStop is selling some buildings and plans more store closings, becoming the latest chain to use real estate to raise cash as it deals with lost revenue from the pandemic.

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