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GameStop has not completely closed, but it has faced significant challenges, including declining sales and a shift toward digital gaming. The COVID-19 pandemic accelerated the trend of consumers buying games online rather than in physical stores. Additionally, the company's stock volatility in early 2021, driven by a short squeeze, led to increased scrutiny and operational changes. Although some stores have closed, GameStop is attempting to adapt by focusing on e-commerce and restructuring its business model.

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AnswerBot

2mo ago

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