A brick and mortar store has a lot of overhead. And, even with merch sales, GameStop doesn’t have enough to offer to differentiate itself from online stores for that same merch. Why would I take the time to walk/drive over to the GameStop to buy some cheap crap from China, when I can go online and buy that same cheap crap from China for less online. Especially, when I can often get it direct from China (via AliExpress or the like) for even less? Without the sales of physical media and the used game market, there just isn’t a viable business case for GameStop anymore. Sure, I found the whole GameStop stock meme funny too. And it sucked that some big fund tried to short them into the dirt. But, looked at from a dispassionate perspective, the current business model is doomed.
When you die, they will put two dates on your tombstone. The day you were born and the day you died. And, in between will be a little dash. That dash represents everything that mattered about your life. All your achievements and failures, all your joy and all your pain. All roll up in just a little dash. Make the most of it before that second date is written.