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STORE CLOSURES: GameStop to close 150 stores

GameStop, a video game and consumer electronics retailer, will close at least 150 stores after reporting another year of declined sales.

The Texas-based company released its report of sales and earnings for 2017 last week, and projected a grim 2017 for some stores. In the fourth quarter of last year, total global sales decreased nearly 14 percent, and new hardware sales declined 29 percent.

» STORE CLOSURES: 9 retailers closing stores nationwide this year

A spokesperson told Fortune that non-produce store would close sometime in 2017, however specific locations were not announced. That’s about 2 to 3 percent of the retailers total amount of stores. GameStop operates 7,500 stores across 14 countries.

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