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GameStop Expands Fulfillment Network with New Facility in York, Pennsylvania

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GameStop Corp. has announced the lease of a new 700,000 square foot fulfillment center in York, Pennsylvania, expected to be operational by Q4 2021. This expansion is part of its strategy to enhance its North American fulfillment network, aiming to improve ecommerce capabilities and expedite shipping across the East Coast. The new facility supports the Company's goal to grow product offerings and meet increasing demand.

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  • Lease of a new 700,000 square foot fulfillment center to enhance ecommerce capabilities.
  • Expected to expedite shipping and grow product offerings along the East Coast.
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New 700,000 Square Foot Site to Support Transformation

GRAPEVINE, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced the expansion of its North American fulfillment network through its entry into a lease of a 700,000 square foot fulfillment center in York, Pennsylvania. This facility is expected to be operational by the fourth quarter of 2021 and will support ecommerce and fulfillment needs. The Company expects its fulfillment center in York, Pennsylvania will position it to grow product offerings and expedite shipping across the east coast. 

About GameStop

GameStop, a Fortune 500 company headquartered in Grapevine, Texas, is a leading specialty retailer offering games and entertainment products through its ecommerce properties and thousands of stores. Visit www.GameStop.com to explore our products and offerings. Follow @GameStop and @GameStopCorp on Twitter and find us on Facebook at www.facebook.com/GameStop.

Cautionary Statement Regarding Forward-Looking Statements - Safe Harbor

This press release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally, including statements about expected benefits from the new fulfillment facility, include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the SEC including, but not limited to, the Company’s Annual Report on Form 10-K for the fiscal year ended January 30, 2021, filed with the SEC on March 23, 2021.  All filings are available at www.sec.gov and on the Company’s website at www.GameStop.com.

Contact

GameStop Investor Relations
817-424-2001
investorrelations@gamestop.com

GameStop Public Relations
Joey Mooring
joeymooring@gamestop.com

or

Profile
Greg Marose / Charlotte Kiaie
gamestop@profileadvisors.com


FAQ

What is GameStop's recent fulfillment center announcement?

GameStop announced a lease for a new 700,000 square foot fulfillment center in York, Pennsylvania, operational by Q4 2021.

How will the new fulfillment center affect GameStop's operations?

The new center aims to enhance GameStop's ecommerce capabilities and improve shipping efficiency across the East Coast.

When is the new fulfillment center expected to be operational?

The fulfillment center is expected to be operational by the fourth quarter of 2021.

What benefits does GameStop expect from the new facility?

GameStop anticipates that the facility will help grow product offerings and expedite shipping.

GameStop Corp.

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