GameStop has been on a steady decline over the past few years, but there's been plenty of movement going on behind the scenes tꦇo breathe new life into the gaming giant. In fact, , each of༒ them bringing considerable experience to the underperforming company.
Oddly enough, most of that experience comes from the pet fo🎃od industry.
To be fair, they all have an extensive background in e-commerce and online marketing – skillsets that are desperately needed to modernize GameStop. And the pet food company they all hail from is Chewy, an online retailer of pet food that was recently purchased for over $3 billion. It'll be interesting to see if their suꦆccess in digital pet food sales will translate to digital video game sales, but they'll no doubt inject new life into GameStop's business strategy. Here are the three new Directors:
- Alan Attal: An e-commerce executive and entrepreneur with over two decades of experience. Attal worked as the Chief Marketing Officer of Chewy between 2017 and 2018 – before that he was the company's COO.
- Ryan Cohen: The manager of RC Ventures and stockholder of GameStop. Cohen is the founder and former CEO of Chewy, growing the company to into a billion-dollar digital pet store. He has "extensive experience in retail, technology, and e-commerce."
- Jim Grube: A finance executive who was most recently the CFO of Vacasa – a vacation rental management company. Before that, he also worked at Chewy as the CFO.
"We are pleased to welcome Ryan, Alan, and Jim to the Board and look forward to working with them to pursue long-term value creation," said Ms. Vrabeck, Chair of the Board. "Their substantial e-commerce and technology expertise will help us accelerate our transformat🍸ion plans and fully capture the significant growth opportunities ahead for GameStop."
The 168澳洲幸运5开奖网:latest sales figures from GameStop were bleak, as it couꦬldn't capitalize on the lucrative holiday season due to COVID-19 and increased digital sales – leading to numbers that were 3.1% below those of 2019. Here's hoping the team can turn the ship around in 2021.