GameStop CEO Slams ‘Wokeness’ As Company Moves To Sell Canadian, French Stores
GameStop is looking to offload its operations in Canada and France, with CEO Ryan Cohen pointing to the political and economic climates in both countries as part of the reason for the decision.
A GSA report categorized both markets as “non-core” assets, and the company announced Tuesday that it plans to sell its holdings in the two nations as part of a broader evaluation of its international business. GameStop previously shuttered locations in Ireland, Switzerland and Austria and has already begun winding down operations in Germany.
GameStop CEO wants to sell its operations in Canada. Below is why he wants out.
But let’s keep voting for virtue signaling woke Liberals. Soon no company will want any part of this Country. pic.twitter.com/5s68g2qtZU— Ryan Gerritsen🇨🇦🇳🇱 (@ryangerritsen) February 19, 2025
Cohen did not hold back in his criticism of Canada and France, mocking their political and economic systems. In a post on X, he offered up the company’s Canadian and French stores to potential buyers, writing, “High taxes, Liberalism, Socialism, Progressivism, Wokeness and DEI included at no additional cost if you buy today.”
GameStop plans to sell its operations in Canada and France, a move the chief executive claimed was driven by the woke business environments in both countries.
GameStop CEO Ryan Cohen posted an invitation on Tuesday via social platform X for those interested in buying the video…— John Peterson (@sailinjackvip) February 23, 2025
GameStop has been aggressively cutting costs and closing physical stores under Cohen’s leadership, acknowledging the shift away from brick-and-mortar retail for video games. Since 2020, the company has closed more than 700 stores as part of its restructuring efforts.
Financial reports show that Canada accounted for about 5% of GameStop’s revenue, bringing in approximately $46.3 million, while its European markets contributed around $173 million. Despite reporting a $17.4 million profit last quarter, the company’s sales have declined, reflecting the challenges of the modern gaming retail industry.
GameStop gained widespread attention during the 2021 meme stock frenzy, which saw its stock price skyrocket past $500 per share.