2 Major Retailers Closing PA Locations

It's game over for nearly 400 stores of a major gaming retailer, along with a dozen other stores from another department chain - with several in Pennsylvania.

GameStop

As of January, a list of around 390 GameStop stores was announced to have closed or will be closing later this month.

This includes 23 stores in Pennsylvania:

• Beaver Falls, PA - 200 Chippewa Town Centre (1/7)
• Collingdale, PA - Creekside Plaza, 1207 Macdade Blvd. (1/7)
• Easton, PA - William Penn Plaza, 3087 William Penn Hwy (1/14)
• Gilbertsville, PA - Douglass Town Center, 173 Holly Rd. (1/14)
• Harrisburg, PA - Union Square, 3875 Union Deposit Rd. (1/7)
• Harrisburg, PA - Paxton Town Center, 5125 Jonestown Rd. (1/7)
• Hazleton, PA - Hazel Marketplace, 741 Airport Rd. (1/7)
• Indiana, PA - Southtowne Plaza, 3100 Oakland Ave. (1/7)
• Lehighton, PA - Carbon Plaza Mall, 1241 Blakeslee Blvd. (1/14)
• Mechanicsburg, PA - Silver Springs Commons, 6520 Carlisle Pike (1/7)
• Monaca, PA - Walmart Plaza, 3942 Brodhead Rd.
• New Castle, PA - Union Square, 2519 W. State St.
• Philadelphia, PA - Mayfair S.C., 6406 Sackett St @ Frankford Ave (1/7)
• Pittsburgh, PA - Montour Church Plaza, 312 McHolme Dr. (1/14)
• Quakertown, PA - Trainers Corner, 210 N. West End Blvd. (1/7)
• Reading, PA - Exeter Commons, 4611 Perkiomen Ave. (1/7)
• Richboro, PA - Crossroads Plaza, 800 Bustleton Pike (1/7)
• Selinsgrove, PA - Susquehanna Valley Mall, 1 Susquehanna Valley Dr. #C-3 (1/7)
• Shippensburg, PA - Shippen Towne Centre, 210 S. Conestoga Dr (1/7)
• Springfield, PA - Maple Crossroads, 400 S. State Rd. (1/7)
• Warminster, PA - Center Point Place, 892 W. Street Rd. (1/14; already closed)
• West Chester, PA - West Goshen Town Ctr, 1115 West Chester Pike (1/7)
• Willow Grove, PA - Willow Grove Park, 2500 W. Moreland Rd. #2069 (1/7)
• Wyomissing, PA - Berkshire Mall, 1665 State Hill Rd. #A-6

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.

Macy's

The major retail department chain Macy’s is also moving forward with plans to close more than a dozen stores, including one in Pennsylvania.

Pennsylvania Macy's store closings include:

• Tarentum: Galleria at Pittsburgh Mills, 100 Pittsburgh Mills Circle, Pennsylvania

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 Michelle Rotuno-Johnson

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