ThinkGeek closes site, moves in with GameStop Over 40 US physical locations to remain open, online sales to close July 2

Rebekah Valentine Senior Staff Writer Friday 14th June 2019 Share this article Share

Companies in this article GameStop

Gamestop subsidiary ThinkGeek will be shutting down its online gaming and pop culture clothing, accessory, and toy store and moving the bulk of its business into GameStop brick and mortar and online stores.

Over 40 physical ThinkGeek store locations in the United States are planned to remain open after the website ends its sales on July 2, 2019.

It hasn't been a great year for GameStop, which saw a stock drop back in January as it gave up trying to sell the company due to lack of financing. Following this, GameStop said it would commit to a focus on its core gaming business, as well as on collectibles.

GameStop then posted a $673 million full-year lost in its financials reported in April for the year ending February 2, 2019. That loss took into account the $700 million the company earned from the sale of its Spring Mobile business back in November 2018.