Game Crazy closing 200 locations this month

Game Crazy store.According to a recent post at Joystiq, used game retailer Game Crazy is looking to close 200 stores this month. The company only has 680 stores, so 200 is a massive chunk to shut down. I was especially surprised to read that the video rental locations attached to the game stores will remain open after the game locations shut down.

The company issued this formal statement:

Movie Gallery, Inc. is currently operating in an unprecedented consumer/retail environment. In order for us to continue to best serve our millions of customers across North America we’re addressing underperforming stores and ensuring that there is sufficient [return on investment] associated with each of these stores going forward. The vast majority of our stores will be unaffected by these efforts.

Maybe Movie Gallery should take a look at recent stats for movie rentals. While that industry dies a slow and irritating death, the used game business continues to frustrate publishers with big sales numbers. Perhaps you should refocus your business model?

  

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