GameStop Risk Rises as It's Not So Essential After All
GameStop's (NYSE: GME) controversial decision to keep its stores open during the coronavirus pandemic because it was "essential retail" was undoubtedly an effort to survive through the crisis.
The video game retailer was already just hanging on while awaiting the console upgrade cycle to kick in later this year before the coronavirus pandemic delivered a potential death blow to the company.
Shelter-in-place orders, social distancing, and self-isolation meant even fewer gamers would visit its stores.
Source Fool.com
