GameStop is moving to sell off its operations in Canada and France, marking another step in CEO Ryan Cohen’s plan to restructure the company by cutting unprofitable international holdings.

The company announced that its Canadian and French locations are now up for sale as part of a broader assessment of its international business. A GSA report categorized the stores in both countries as “non-core” assets, putting them in line for divestment.

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 directly called out the sociopolitical environments in Canada and France as factors in the decision. On X, he posted that buyers of GameStop’s stores in the two countries would receive “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 cutting back on its physical presence worldwide, shutting down locations in Ireland, Switzerland and Austria last year and beginning to close stores in Germany. The company has already closed over 700 stores since 2020, adapting to changes in consumer behavior and digital game sales.

Financial filings show Canada accounted for roughly 5% of GameStop’s revenue, bringing in about $46.3 million, while its European markets contributed approximately $173 million. Despite a recent $17.4 million quarterly profit, the company’s overall sales have continued to decline.

The company gained international attention in 2021 when a group of retail investors drove its stock price to historic highs during the meme stock craze.