GameStop Corp.
For the period ended Jan 31, 2026. Filed Mar 24, 2026.
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FY2026 · Filed Mar 24, 2026
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Item 2. Properties
All of our retail stores are leased. Store leases typically provide for a lease term of one to five years, plus renewal options. This arrangement gives us the flexibility to pursue extension or relocation opportunities that arise from changing market conditions. We believe that, as current leases expire, we will be able to obtain either renewals at present locations or leases for similar locations in the same area.
The terms of the store leases for the 2,206 leased stores open as of January 31, 2026 expire as follows.
| Lease Terms to Expire During | Numberof Stores |
|---|---|
| Fiscal 2026 | 1,168 |
| Fiscal 2027 | 527 |
| Fiscal 2028 | 243 |
| Fiscal 2029 | 160 |
| Fiscal 2030 and later | 108 |
As of January 31, 2026, weleased five distribution facilities, totaling approximately 0.7 million square feet. The lease expiration dates for the leased facilities range from 2026 to 2032, with an average remaining lease life, including reasonably certain options, of approximately four years.
The following table presents our principal facilities(1). Additional information regarding our properties can be found in Item 1, “Business—Store Locations” in this Form 10-K.
| Location | Segment | SquareFootage | Owned orLeased | Use |
|---|---|---|---|---|
| Grapevine, Texas, USA(1) | United States | 360,000 | Leased | Distribution, fulfillment, administration, and manufacturing |
| Eagle Farm, Queensland, Australia | Australia | 185,000 | Leased | Distribution and administration |
| Sophia Antipolis, France | Europe | 18,165 | Leased | Administration |
| Paris, France | Europe | 76,000 | Leased | Distribution |
(1) In fiscal 2024, we closed our distribution facility in York, Pennsylvania and consolidated U.S. fulfillment activities into our facility in Grapevine, Texas. During the same period, we relocated our U.S. refurbishment operations into our Grapevine Texas distribution, fulfillment and administration facility; previously, refurbishment operations were conducted in a separate facility also located in Grapevine. We also divested our operations in Italy, which included our facility in Milan.
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