Posted in

GameStop looks to sell its Canadian and French operations — CEO cites ‘Wokeness and DEI’

Brick and mortar videogame retailer and popular meme stock GameStop (GME) announced Tuesday that it plans to sell its operations in France and Canada after an “evaluation of its international assets.”

The latest move follows years of declining revenues for the company. The retailer has reportedly shuttered more than 700 of its stores around the world since 2020.

The company announced the move in a brief news release on its website. While the statement did not provide any further explanation of the decision, its CEO appears to have taken issue with the “wokeness” of the two countries.

Share