GameStop hopes to acquire 40 former GAME stores

Publish date:

US games retail giant GameStop intends to acquire 40 former GAME outlets in France.

It also plans to open an additional 70 stores in 2013, although it will also be trimming its existing portfolio by 250 outlets, Polygon reports. 200 of these will come from the US market and the remainder from international regions.

CFO Rob Lloyd said that the strategy revolves around the closure of unprofitable and marginally profitable stores in favour of new outlets in areas expected to deliver better results.

"We've been successful at that for two years and we will continue to do that program in 2013," he added.