Business & Tech
2 Major Retailers Closing GA Locations
It's game over for hundreds of stores for a major gaming retailer and a department chain with Georgia locations.
The latest victims of the ongoing retail apocalypse are the nearly 400 stores of a major gaming retailer, along with a dozen other stores from another department chain — with several in Georgia.
GameStop
As of January, a list of around 390 GameStop stores was announced to have closed or will be closing later this month.
Find out what's happening in Atlantafor free with the latest updates from Patch.
This includes 12 stores in Georgia:
- North Point Mall, 1198 North Point Circle, Alpharetta
- Lenox Square Mall, 3393 Peachtree Road NE, Atlanta
- Howell Mill, 1801 Howell Mill Road NW, Atlanta
- Southpointe Plaza, 3209 Deans Bridge Road, Augusta
- Shops at Main Street, 455 Cherokee Place, Cartersville
- Cumming Marketplace, 1060 Market Place Blvd., Cumming
- Dublin Commons, 2421 Hwy. 80 W, Dublin
- Hartwell Station, 115 Walmart Drive, Hartwell
- 4959 Bill Gardner Pkwy., Locust Grove
- McDonough Square, 1144 Hwy. 20-81, McDonough
- Stone Mountain Festival, 1825 Rockbridge Road, Stockbridge
- Cofer Crossing, 4363 Lawrenceville Hwy., Tucker
Georgia locations that were open Friday were in Austell, Lithonia, Marietta, Chamblee, as well as Atlanta's Cumberland, Lenox Square, Chamblee and Camp Creek areas.
Find out what's happening in Atlantafor free with the latest updates from Patch.
This isn't the first time GameStop slashed a major number of its stores. In GameStop's December Securities and Exchange Commission filing, they stated they had already closed 590 stores in its fiscal 2024 year.
GameStop also noted they "anticipate closing a significant number of additional stores in fiscal 2025." The fiscal year ends on Jan. 31, 2026.
This is part of a "broad store portfolio optimization" due to market shifts toward digital gaming and "underperformance."
The strategy involves reducing the brick-and-mortar footprint while also exploring new revenue streams, according to the filings.
Macy's
The renowned retail department chain Macy’s is also moving forward with plans to close more than a dozen stores, including one in Georgia.
The Peach State Macy's store closing is:
- Atlanta: Northlake Mall, 4880 Briarcliff Road NE, Georgia
Clearance sales are expected to begin in mid-January and will run for around 10 weeks, the retailer told Axios.
The closures are part of a three-year plan Macy's unveiled in January 2025 called the "Bold New Chapter."
As part of the plan, the company plans to close 150 underperforming stores while at the same time investing more heavily in 350 stores that will remain open, a previous news release stated.
"In executing our strategy, we continue to review our portfolio and make careful decisions about where and how we invest, including closing underproductive stores and streamlining operations. These decisions are not made lightly. We communicated directly with affected colleagues first and are providing support, including transfer opportunities where available, as well as severance and outplacement resources where applicable," stated Macy's CEO Tony Spring said in release on Wednesday.
Spring said the "targeted changes allow us to focus where it will have the greatest impact – reimagining our best stores, enhancing customer service, expanding our luxury business, and advancing our supply chain capabilities."
— With reporting by Chris Dehnel and Alexis Tarrazi
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