Video game retailer GameStop is selling off its storefronts in France and Canada after re-evaluating its international assets, the company announced yesterday. 

CEO Ryan Cohen confirmed the sale in a post on X the same day, adding that “high taxes, liberalism, socialism, progressivism, wokeness and DEI [are] included at no additional cost if you buy today.”

As of last year, GameStop operated more than 200 stores across Canada and more than 300 stores in France. 

The sale comes two months after GameStop disclosed Q3 2024 net sales totaling US$860 million—down 22% from US$1.08 billion during the same quarter the previous year, which covered 13 weeks ending on November 2, 2024. In its year-to-date net sales for 2024, all segments of the retailer’s business experienced declines, including hardware and accessories (down 32%), software (down 37%) and collectibles (down 15%). 

In an SEC filing last March, GameStop blamed its ongoing sales declines on three leading game publishers, Sony, Microsoft and Nintendo, for allowing users to digitally purchase games on current-generation consoles, taking an increased percentage of new game sales away from retailers every year. This is backed up by GamesIndustry.biz’s The Year in Numbers 2024 report, which found that physical game sales accounted for only 4.6% (US$8.5 billion) of more than US$184 billion in worldwide game revenue last year.