Grapevine-based video game retailer GameStop has fired its CEO and reinstalled board chairman Ryan Cohen as its top executive. The company didn’t give a...
from Amazon, where he oversaw the e-commerce giant’s business in Australia. He was one of several former Amazon executives Cohen brought in to accelerate a digital transformation for the company., after cutting jobs and closing brick-and-mortar stores. It had struggled for years before that to adjust as game sales increasingly shifted online.
The company had been expected to benefit from a wave of video game releases, including Nintendo’s new and wildly popular. The game launched May 12 and sold more than 10 million units worldwide in its first three days.. He began buying up GameStop shares in 2020 and eventually ousted the management team and brought in his own hires, including Furlong.
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