GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, and is the largest video game retailer worldwide.
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The company merchandises and sells video game hardware and software products, pre-owned and valued video games, consumer electronics, collectible products, and wireless services.
GameStop was able to stave off bankruptcy thanks to r/WallStreetBets’ support—and in March, the company turned its first quarterly profit since 2021.
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Image Credit: The Guardian
Who is the CEO of GameStop?
Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company’s largest individual investor.
Who invented Chewy?
Chewy was founded under the name “Mr. Chewy” in June 2011 by Ryan Cohen and Michael Day. In 2017, Chewy was purchased by PetSmart, a retail entity backed by private equity firm BC Partners. Sumit Singh succeeded Ryan Cohen as CEO of Chewy in March 2018.
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