According to the company's website, select locations nationwide are becoming "retro stores," offering the video games of yesterday that are typically only available on GameStop's website ...
However, an ongoing shift to online gaming and downloadable games is eroding GameStop's revenue opportunity. To quantify that erosion, GameStop's annual sales in 2023 were $5.2 billion ...
For the same period last year, GameStop had recorded a loss of $2.8 million. Looking at its sales in more detail, purchases dropped across the board, down 24.5% for hardware and accessories ...
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According to a post on X, GameStop Retro stores will sell older models of Game Boy, Sega, Nintendo and Playstation models, along with games for those devices. "THE CLASSICS ARE BACK," the post says.