GameStop is shuttering about 410 US locations (with 11 more planned) as part of a broad cost-cutting plan, extending a trend of store reductions and international downsizing noted in its December 2025 SEC filing; the move comes as the retailer continues to redefine its strategy after a 2021 market surge and amid failed NFT/crypto pivots. The filing also mentions a potential payout of up to $35 billion in stock options to CEO Ryan Cohen if GameStop hits a $100 billion market cap.
GameStop CEO Ryan Cohen could earn up to $35 billion through performance-based stock options if the company's market cap reaches $100 billion and its earnings hit $10 billion, aligning his incentives with long-term growth amid the company's volatile history and recent recovery in stock value.
GameStop is closing its store at Trainer's Corner shopping center in Richland Township on January 7, 2026, as part of its ongoing reduction of brick-and-mortar locations, citing lease issues and declining store numbers nationwide.
GameStop is closing its stores in Troy and Huber Heights, with the Huber Heights location closing on January 8 and Troy on January 15, directing customers to nearby stores. Dayton locations remain unaffected.
Nintendo has reportedly discontinued the Mario Kart World Nintendo Switch 2 bundle, as indicated by a leaked GameStop memo, with uncertainty about future game bundles, though Animal Crossing: New Horizons may be a candidate.
GameStop's stock price (NYSE:GME) increased following the release of new gaming merchandise, indicating a positive market response to the company's product expansion.
GameStop is offering a PS5 bundle that includes the console and two years of PS Plus Premium for $170 off, totaling $579.99, which is a great deal considering the value of the subscription and the hardware. The bundle features the original PS5 with a disc drive, and the deal provides a significant discount on the console along with a top-tier online gaming service.
GameStop's stock rose over 7% after the White House boosted a meme posted by GameStop on X, featuring an AI-generated image of Trump in Halo armor, which humorously claimed to end the 'console war.' The meme's viral spread and the White House's engagement contributed to the stock's premarket increase, amid ongoing shifts in the gaming industry with Microsoft's plans to release Halo on PlayStation.
GameStop's limited giveaway of shiny legendary Pokémon for Pokémon Scarlet and Violet was marred by scalpers who quickly bought and resold the codes, leading to shortages and frustration among fans, highlighting issues with limited physical distribution of digital content.
GameStop is offering significant discounts on a wide range of amiibo figures, with prices as low as $6 for some popular characters from franchises like Super Mario, Smash Bros., Zelda, and Street Fighter 6, making it a great opportunity for collectors and fans.
GameStop's shares rose following strong financial results reported in its earnings, indicating positive investor sentiment and potential growth prospects.
GameStop's stock rose after reporting better-than-expected Q2 earnings and revenue, driven by strong sales in hardware, accessories, and collectibles, and a significant increase in cash reserves, although its stock has declined 25% this year.
GameStop has listed Hollow Knight: Silksong at $19.99, with an official release date set for September 4th on Nintendo Switch and Xbox Game Pass, pending confirmation from Team Cherry.
Hollow Knight: Silksong was listed on GameStop for $19.99, sparking speculation that it might be a placeholder price, especially given the game's high anticipation and the original game's low launch price. Despite the low listing, the purchase did not go through, and fans debated whether the price reflects the game's true value or is just a temporary listing. The game is set to release on September 4, 2023.
GameStop is releasing an exclusive Metal Gear Solid Delta: Snake Eater merchandise collection, including controllers, headsets, mice, and display items, available from August 28 to coincide with the game's launch across PS5, Xbox, and PC. The collection is officially licensed by Konami and offers various gaming accessories and display pieces for fans.