News Summary

GameStop Corp., the video game retail giant, has announced its intention to sell its operations in Canada and France as part of a broader evaluation of its international assets. This decision comes amidst declining revenues due to the rise in digital game sales. GameStop’s Canadian operations have a significant history, originating from EB Games, which was a major video game retailer in Canada before its acquisition by GameStop in 2005. The rebranding of all EB Games locations to GameStop in 2021 marked a significant shift in its Canadian presence. The company has not provided further details about potential buyers or the timeline for the sale.