Struggling mall retailer closes 100s of stores [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance
That's a phenomenon that has hurt countless industries. Bookstores, for example, struggled when digital books became an option for readers. Music stores essentially disappearing, becoming more about novelty than selling products once streaming music made the concept of owning records more or less obsolete. Now, the video game space has undergone a similar transformation. You can now download most games straight to your console, which makes gaming stores an unnecessary relic. "The Entertainment Retailers Association (ERA) reports that a staggering 89.5% of video game purchases were digital downloads in a recent period, leaving a mere 10.5% as physical sales. While 90% sounds like a dominant figure, it's crucial to contextualize this data. The seemingly high percentage is significantly influenced by the mobile gaming market," according to Achivx That makes GameStop a failing proposition unless it finds a product to sell other than video games, a category which has historically
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GME
Earnings
- 9/9/25 - Beat
GME
Sec Filings
- 4/1/26 - Form 144
- 4/1/26 - Form 144
- 3/26/26 - Form SCHEDULE
- GME's page on the SEC website