Honestly, I've always thought it crazy just how many Game Stop stores there are. I live in a medium size town and could name 6 or 7 locations (many aren't even that far apart). I'm sure there are other locations here I'm not familiar with on the side of town I don't visit.
Here at least, I don't think anyone would blink an eye if a couple of Game Stop stores went out of business, at worst you'd have to drive an extra mile to get to one.
I almost never go to Game Stop though for two reasons:
1) They've abandoned the PC. Even as more and more people turn to PC gaming- their PC selection becomes more and more laughable (not even sure if they still have one).
2) They're ridiculously overpriced. Everything is so much more expensive than just buying from Steam, GOG or Greenman gaming. ... and that probably is the problem. Places like Steam allow you to browse that much easier, and Xbox has their own version, so does Playstation and Wii. It's just easier to shop online, and the demographic game-stop caters to probably don't like being in stores with people as much.
It is so much nicer to have a box, and browse the wares than do it online, especially if you're just there anyway. It's a hassle to travel to if you're not going there anyway. Fix the price issue though and maybe I, and other customers might return.