GameStop plans to wind down Nordic presence, close more stores to cut costs

GameStop is in the process of winding down its operations in Denmark, Finland, Norway, and Sweden, an exit that aims to help the company get its finances back on track. GameStop CEO George Sherman said in a quarterly conference call that the company has only begun the process of winding down those dealings in Nordic…

GameStop plans to wind down Nordic presence, close more stores to cut costs

GameStop is in the process of winding down its operations in Denmark, Finland, Norway, and Sweden, an exit that aims to help the company get its finances back on track.

GameStop CEO George Sherman said in a quarterly conference call that the company has only begun the process of winding down those dealings in Nordic countries, but expects doing so will lead to an earnings before interest, tax, depreciation and amortization run rate improvement of $15 millio
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