GameStop have announced a decision to "wind down operations" in Denmark, Norway, Sweden and Finland. The last stores in these countries are scheduled to be shut down by the end of 2020.
In what seems to be an immediate result of this decision, GameStop have stopped accepting used consoles in their trade-in programs in Finland at least. I wasn't able to find a public statement on this matter, but all mentions of trading in consoles have been removed from GameStop's Finnish site.
While GameStop's leadership is blaming the elongated console cycle as the reason for their financial woes, I can't help but to think why they decided to pull out of the Nordic countries specifically. Internet connections in these countries are faster, more widely available and cheaper than in almost any other part of the world. It would make sense then that adoption of digital game stores would be more prevalent in these countries.
There are no great stats available on the matter, but I was able to find a story by the Finnish MTV News mentioning that the sale of physical games in Finland had dropped from 92 million euros in 2010 to 52 million euros in 2015. Considering that the PS4 and Xbox One with their digital storefronts were only released in this country in 2013-2014, I can only imagine that the decline of physical game sales has accelerated after 2015.