GameStop's Canadian operations were acquired by entrepreneur Stephan Tetrault for an undisclosed amount, with the transaction completed on May 4, 2025. This follows GameStop's earlier announcement in February 2025 of its intention to sell its Canadian and French operations.
This divestiture is part of GameStop's broader evaluation of its international assets, aimed at streamlining the company's global footprint and optimizing its operational efficiency. The move is consistent with the company's focus on cost containment.
The completion of this sale represents a step in GameStop's ongoing transformation efforts to concentrate resources on its core business and higher-margin segments. This strategic decision is expected to contribute to overall profitability.
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