GameStop closes several more stores in January after wave of 2025 shutdowns

In the company's documents, GameStop notes that a significant number of customers have chosen to download games instead of buying games physically in-store.

The details

In the 2025 Form 10-K filed with the SEC, the company explains how increasing digital game downloads could hurt physical game sales.

“The current consoles from Sony, Nintendo and Microsoft have facilitated download technology. Downloading of video game content to the current generation video game systems continues to grow and take an increasing percentage of new video game sales," the filing states. "If consumers’ preference for downloading video game content in lieu of physical software continues to increase, our business and financial performance may be adversely impacted.”

The projections

GameStop has yet to release a formal list of all individual stores closing by city or region. However, an unofficial list was compiled for stores that have closed in January based on employee notifications or closing signs on storefronts and websites.

• Closed in January
• Locations vary
• www.gamestop.com