Are all Gamestops closing 2021?

During an earnings call with investors. GameStop revealed it plans to close over 1,000 stores by the end of the fiscal year, which ends on April 1, 2021.

What is the problem with GameStop?

The obvious problem with GameStop (NYSE:GME) is that it sells physical video game discs out of thousands of stores in a world where games are increasingly going digital. The pandemic has made the situation much worse as would-be video game buyers pivoted hard toward digital downloads and buying games online.