GameStop closed 52 stores in past three months

Retailer ended quarter with 6,505 stores worldwide after closing and opening outfits in United States and internationally.


GameStop closed 52 stores across the world during the quarter ended August 3, the retailer announced during a recent earnings call. The company also opened thirteen stores globally.

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"We ended the quarter with 6,505 stores," GameStop chief financial officer Rob Lloyd said. "We opened seven and closed 46 in the U.S., and opened six and closed six internationally. We still expect to reduce our store base by about 2 percent this year."

GameStop announced in February that it plans to close 250 stores total in 2013, reducing its overall global footprint by 2 percent after opening, shuttering, and acquiring stores.

GameStop saw revenue fall for its latest quarter, noting sales have been negatively impacted by consumers holding out until new consoles arrive later in the year.

Between the Xbox One and PlayStation 4 launches in November, GameStop is expecting the "largest console launch in history" this holiday season.

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