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GameStop will be closing all of their stores, effective March 22nd, due to the COVID-19 coronavirus pandemic

GameStop will be closing all of their stores, effective March 22nd, due to the COVID-19 coronavirus pandemic

GRAPEVINE, Texas, March 21, 2020 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), right this moment supplied an replace associated to its United States retailer operations and customer support associated to COVID-19.

Effective Sunday March 22, 2020, for all places not already closed in accordance with state and native orders, GameStop will briefly cease buyer entry to storefronts, processing orders on a digital solely foundation, shifting to curbside pick-up at shops and eCommerce supply solely. This will enable the Company to proceed to serve prospects who’ve bought on-line at GameStop.com and the GameStop app and have requested a product pick-up at their native retailer.

George Sherman, GameStop’s Chief Executive Officer mentioned, “This is an unprecedented time and each day brings new information about the COVID-19 pandemic.  Our priority has been and continues to be on the well-being of our employees, customers and business partners. We have been steadfast in our adherence to CDC-guided safety and local government orders for retailers in each of our communities. As millions of Americans look to GameStop to adjust to their new normal of increased time at home, for work, learning and play, we have implemented practices to help ensure the safety and health of our employees, customers and partners.  We believe it is prudent to institute further safety protocols while meeting this increased demand through curbside pick-up.  As such, stores that remain in operation will provide only pick-up at the door or delivery to home activities to further protect our employees and customers.”

The Company will proceed to supply its merchandise on-line at GameStop.com and on the GameStop app for patrons to have their merchandise shipped on to their properties.

All U.S.GameStop workers have been ensured that they don’t have to work if they aren’t snug and may keep dwelling in the event that they really feel sick.  Additionally, the Company has introduced it’ll pay all U.S. workers whose hours have been eradicated an extra two weeks at their common pay price primarily based on the common hours labored within the final 10 weeks.  In addition, the Company will reimburse all profit eligible U.S. workers, one month of the worker portion of profit bills.

The Company famous that it’ll present extra element about its operations when it experiences fourth quarter and financial 12 months 2019 outcomes on March 26, 2020.

Source

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