Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Is the end near for GameStop?
The video game retailer closed hundreds of stores just before the New Year. Now, it looks like there will be even more GameStop stores closed as 2025 gets underway.
With the digital download movement and some video game consoles ditching physical media altogether, the writing has been on the wall for GameStop for several years. However, in 2021, the stock meme craze, led by investor Keith Gill also known as “Roaring Kitty”, gave new life to the company.
But, it doesn’t seem like GameStop has been able to turn things around, at least when it comes to their retail stores.
GameStop store closures
Since 2020, GameStop has closed more than 700 stores. In December 2024, just before the new year, the company closed almost 300 sales locations.
While there has been no official announcement about the latest batch of closures, the first of 2025, local media are starting to report on their local GameStop stores closing soon. For example, MLive, Michigan’s local newsletter has it right reported that the GameStop location at the Westwood Mall in Jackson, MI is closing on January 4th.
Mashable Light Speed
But, the news about these New Year’s store closings first broke on Reddit. The GameStop subreddit has been filled with posts in the last 24 hours from employees who have just found out that their store will be closing and that they are out of a job.
“Just letting you know my store is closed, as many others have,” posted one user Public_Direction9896. “Godspeed to you all. Friendly neighborhood GameStop employee, signing out.”
“I have been with the company for almost 8 years. I got the call this afternoon. I am devastated,” he wrote Razenkaji on r/GameStop.
Mashable has reached out to GameStop for comment on the reported closures and will update this story if they respond.
Does Roaring Kitty find a new stock of toy memes?
Unlike the GameStop workers, Gill, aka Roaring kittenYou don’t have to worry about finding a new job. While the company is closing stores, Roaring Kitty’s GameStop stock is still strong.
Roaring Kitty’s the latest update on reddit in June of last year he showed that he was still in possession of 9 million GameStop shares, which is equal to about. $280 million based on what the stock is currently trading for.
Tweet may have been deleted
Gill also allegedly dropped hints that he was looking at the stock of another video game company. On New Year’s Day, Roaring Kitty posted a GIF of comedian Dave Chappelle dressed as Rick James from a 2004 episode Chappelle’s show.
The post went viral, receiving tens of thousands of retweets and likes. Roaring Kitty followers quickly pieced things together and believed the GIF was a reference to James’ song “Unity” which in turn referenced the video game company Unity Software. Unity’s stock quickly rose 8 percent and is still trading above where it was before Roaring Kitty’s post.
