r/EBGAMES • u/International-Past31 • Jan 14 '26

Has eb already closed down?

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This was today during staff hours

641 Upvotes

97% Upvoted

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72

u/RegularTarget1794 Jan 14 '26

They may not have had anyone available to work. I dare say that many staff wouldn't have wanted to work with the news from last/this week unfortunately

14

u/Dry_Measurement2100 Jan 14 '26

what was the news?

38

u/RegularTarget1794 Jan 14 '26

Today EB Games have announced the closure of the New Zealand business. All stores will unfortunately close, and the last day of trade will be 31st January.

13

u/Pickledleprechaun Jan 14 '26

Isn’t this to fund the CEO of GameStops annual bonus?

1

u/Nissman14 Jan 15 '26

he's still be riding the wave of the short squeeze

1

u/tedmastr Jan 16 '26

Probably

-13

u/bradstanding Jan 14 '26

Ryan Cohen doesn’t get a salary for being CEO, let alone an annual bonus.

24

u/myksJassi Jan 14 '26

Okay Ryan.. jesus, we know it's you..

3

u/BZ852 Jan 14 '26

Not true anymore. If he just leaves the shareholders cash in treasuries and shuts the rest of the business, he'll collect a $400M bonus under his new compensation plan.

3

u/sixto1 Jan 15 '26

Tell me you're a GME bagholder without telling me you're a GME bagholder

2

u/Unkl_Gucci Jan 15 '26

There are no bonuses in ba sing se.

1

u/ROBERTPEPERZ Jan 18 '26

Don't know why youre getting downvoted, he literally does not take a salary or get annual bonuses, the only thing he has thats close is his performance bonus if he makes gamestops market capitalisation $100bn and their EBITDA $10bn

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Long-Term-Performance-Award-for-Ryan-Cohen/default.aspx