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Stock impact report

Struggling discount retailer is closing stores [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Christmas Tree Shops and Tuesday Morning, for example, used a treasure-hunt model similar to the one used by Marshalls as well as its sister brands TJ Maxx and HomeGoods. Those two chains filed Chapter 11 bankruptcy and eventually went out of business. Don't miss the move: Subscribe to TheStreet's free daily newsletter In fact, the past two years have been littered with failed businesses that used a variation of the discount model. Bed, Bath & Beyond, for example, went through a lengthy struggle before being sold in a Chapter 7 bankruptcy, then reemerging as a digital-only player under new owners. The list of 2024 Chapter 11 bankruptcies in retail is long and includes many companies, like Party City and Zulily, that did not survive the reorganization. Read more
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