{"id":16047,"date":"2026-09-14T17:00:08","date_gmt":"2026-09-14T17:00:08","guid":{"rendered":"https:\/\/stock999.top\/?p=16047"},"modified":"2026-09-14T17:00:08","modified_gmt":"2026-09-14T17:00:08","slug":"gamestop-to-reopen-select-closed-stores-as-ceo-ryan-cohen-buys-1m-shares","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=16047","title":{"rendered":"GameStop to reopen ‘select’ closed stores as CEO Ryan Cohen buys 1M shares"},"content":{"rendered":"

<\/p>\n

Stuart Varney and Ashley Webster discuss why Pok\u00e9mon cards are selling for more than $1 million. Webster highlights a 1998 Pikachu Illustrator card that set a record sale and explains how nostalgia turns childhood hobbies into fine art.<\/p>\n

GameStop says it is reopening “select” stores across the country as company insiders make new investments in the video game retailer’s stock.<\/p>\n

The company announced on social media that “select” closed stores would begin reopening Sept. 11.<\/p>\n

GameStop did not initially disclose a complete list of returning locations. A company spokesperson told FOX Business that “at least one” store \u2014 located in Brooklyn, Ohio \u2014 was part of the initial rollout.<\/p>\n

The move comes after an extended period of store closures and cost-cutting. GameStop has shuttered hundreds of locations in recent years as it has sought to reduce expenses and reshape its retail operations.<\/p>\n

SONY TO END PHYSICAL PLAYSTATION GAME DISCS FOR NEW RELEASES STARTING IN 2028<\/p>\n

A Gamestop store is seen in Union Square on April 4, 2025, in New York City. (Michael M. Santiago\/Getty Images)<\/p>\n

The reopenings also come as GameStop CEO Ryan Cohen purchased 1 million shares of Class A common stock on Sept. 10 at a weighted average price of about $20.38 per share, according to federal regulatory filings. The purchase was worth roughly $20.4 million.<\/p>\n

GameStop board member Alain Attal also purchased 5,000 shares that day for approximately $100,000.<\/p>\n

A GameStop store in New York, on March 4, 2024. (Shelby Knowles\/Bloomberg via Getty Images)<\/p>\n

Meanwhile, GameStop’s sales mix has continued to shift away from traditional video game software and toward collectibles.<\/p>\n

CLICK HERE TO GET FOX BUSINESS ON THE GO<\/p>\n

Collectibles, including trading cards, accounted for 45.1% of GameStop’s net sales during the company’s most recent quarter, up from roughly 29% for fiscal 2025. Collectibles sales increased 57% from the same quarter a year earlier.<\/p>\n

#GameStop #reopen #select #closed #stores #CEO #Ryan #Cohen #buys #shares<\/p>\n","protected":false},"excerpt":{"rendered":"

Stuart Varney and Ashley Webster discuss why Pok\u00e9mon cards are selling for more than $1…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[3419,585,1169,10908,10711,3143,3523,15435,32,1726],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/16047"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16047"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/16047\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}