George Sherman

That's part of brick-and-mortar retail today, part of being a good retailer is you're not trying to hold onto every store.

The gaming business is a bit of a hits business. We get traffic in our stores when there's a new release, we're trying new store formats like competitive gaming inside stores... that's not seasonal. That's not driven by releases.

We make no bones about it, the next three to four quarters from a sales standpoint will be a difficult one [ sic ], as that is the very end of the console cycle, but we're bullish on a rebound.

We're at the end of the console cycle, gaming as an industry could not be stronger... it's us that needs to pivot. It's GameStop that needs to make some changes.

Game Informer. if you look at the trend of sales over the last several years, selling general administrative costs didn't move with sales. So we had a cost structure we had to address.

We believe we will transform the business and shape the strategy for the GameStop of the future.