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GameStop will close all 14 stores in Switzerland/Europe due to strategical/economic reasons at the beginning of 2023.
In total 83 staff members are affected.

The argument is that the profitability in the physical business is more and more declining and the trend are streaming and download offers. GameStop wants to strengthen their online commerce.

Source: https://www.games.ch/schweiz/news/gamestop-schliesst-schweizer-khRh/