Here was the other big news from the call. They keep upping this number. Last time they gave one it was "as many or more" than 2019, which was 321 stores. Now we're at 400-450 planned closures, with more planned into 2021 as well.https://twitter.com/GIBiz/status/1303823734088896515 …
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W odpowiedzi do @duckvalentine
Does this impact the Canadian business?
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W odpowiedzi do @md_deighton
Closures are worldwide, so probably yeah. :(
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W odpowiedzi do @duckvalentine
Wow ok If your allowed in your opinion how long does EB/GameStop have left?
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W odpowiedzi do @md_deighton
I am allowed to tweet my opinions thank god. :P It's hard to say honestly. I feel very confident they'll make it to the next-gen launches easily (I mean, they only have a few months to go). Beyond that...
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W odpowiedzi do @duckvalentine @md_deighton
I bet they're buoyed by new console cycles for some time, and I assume the store closures will help their bottom line with time. I don't see them lasting the full length of the next console cycle though without some pretty massive changes to their business model.
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Disclaimer though is that I am not an analyst, just a journalist, and wiser folks than me may know far better
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