Major Retailer Closing IL Locations

It's game over for nearly 400 stores of major gaming retailer, Gamestop, with several stores in Illinois closing their doors.

As of January, a list of around 390 GameStop stores was announced to have closed or will be closing later this month. Patch previously reported that the Tinley Park and Orland Park locations will close, as well as the New Lenox location.

The last day for Tinley Park's location (16205 S Harlem Ave., Suite D) was Jan. 7. The Orland Park location, 15864 La Grange Road, will remain open through end of business Wednesday, Jan. 14. The New Lenox store's last day open will also be Wednesday, Jan. 14.

Here is the full list of 17 stores closing in Illinois:

• Addison, 1074 N. Rohlwing Road, closing Jan. 14
• Alton, 317 Homer Adams Parkway, closed Jan. 7
• Chicago, 2336 W. Cermack St., closing Jan. 14
• Chicago, 1751 W. Howard St., closing Jan. 14
• Cicero, 3017 S. Cicero Ave., closing Jan. 14
• Dekalb, 2564 Sycamore Road, closed Jan. 7
• Geneva, 1492 N. Randall Road, closed Jan. 7
• Hodgkins, Quarry Outlot, 9404 Joliet Road, closed Jan. 7
• Homewood, IL - Park Place Plaza, 17925 Halsted St., closed Jan. 7
• Joliet, 2410 W. Jefferson St., closed Jan. 7
• McHenry, McHenry Towne Center West, 2445 N. Richmond Road, closed Jan. 7
• New Lenox, New Lenox Retail Center, 2344 E. Lincoln Highway, closing Jan. 14
• Orland Park, Lakeview Plaza, 15864 S. La Grange Road
• Round Lake Beach, Mallard Creek S.C., 716 E. Rollins Road, closing Jan. 14
• Shorewood/ Joliet, Joliet Commons, 1530 Route 59, closing Jan. 14
• South Elgin, South Elgin Commons, 478 Randall Road, closed Jan. 7
• Tinley Park, Tinley Park Plaza, 16205 Harlem Ave.

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 fical 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.

In an earnings report released on Sept. 10, 2024, GameStop indicated revenue struggles.

It had fallen short of financial expectations for its second quarter, giving investors cause to hesitate, leading to a stock price decline. Earnings commentary also cited more gamers turning toward the use of online game stores that easily hook up with newer consoles, according to the filing.