The video game retailer continues to reduce its physical footprint as buying habits shift online. It already shuttered 590 stores in the last year. 2026 is already shaping up to be a brutal year for GameStop (NYSE: GME) stores. This month, nearly 500 locations have been marked for closure. The shutterings come as GameStop’s CEO Ryan Cohen doubled down on the company and bought another half a million shares in GME stock. Here’s what you need to know.