In a recent investor call, GameStop announced that it will close around 
100 more stores than previously planned, increasing the number of store 
closures to between 400 and 450.In the previous earnings call, 
GameStop said it planned to close around 300 stores, but that number has
 increased since the March investor brief. GameStop CFO Jim Bell hinted 
that store closures will continue into 2021. 6park.com
GameStop saw online 
sales increase by 800%, but even this was less than analyst 
expectations. GameStop was also impacted by the COVID-19 pandemic which 
saw stores close temporarily across the United States. 6park.com
The 
company has pinned its financial recovery on sales for next-gen consoles
 and online sales. There were plans for themed stores, but the pandemic 
has undoubtedly affected any plans to revitalize the physical 
storefront.

GameStop is set to permanently close 300 more stores in the coming year. 6park.com
The
 news arrived in an earnings call conducted by the company, which shed 
light on GameStop's financial situation. It was revealed that the 
company "plans to meet or exceed" the number of closures that occurred 
in the previous fiscal year, which saw 321 shops close their doors. The 
retailer currently has 5,500 operational stores across the US. 6park.com
In the earnings call, the company touched on the huge financial 
uncertainty caused by the ongoing pandemic, but noted that the COVID-19 
crisis has led to a 2% increase in sales in recent months. 6park.com
GameStop
 turned a profit in the fourth quarter and saw a decrease in its net 
loss for the full fiscal year, from $673 million to $470.9 million this 
year. 6park.com
The earnings call also mentioned GameInformer, GameStop's media outlet 
that suffered layoffs in 2019. GameStop plans to build value in the 
brand through "interactive digital media," but the retailer didn't go 
into any further detail about their plans. 6park.com
In other GameStop news, the company decided to close its stores in accordance with CDC guidelines after coming under fire for deeming its outlets as "essential" business and keeping the doors open during the COVID-19 pandemic.