3 ms·
No big surprise that one of the new executives is coming from Chewy, given Ryan Cohen.
by languagehacker 6y ago
No big surprise that one of the new executives is coming from Chewy, given Ryan Cohen.
- valuearb 6y agoChewy is an entirely different business model with little applicability to GameStop. You can’t download cat food and your console doesn’t die if you don’t buy it a physical game every single month.
- kin 6y agoYou're not wrong, but don't forget that there are plenty of physical goods in gaming. Every nerdy IP has merchandise and that's why GameStop acquired ThinkGeek. There are tons of nerdy merchandise and collectibles to sell. Instead of massive clearances on items that don't sell, they could offer subscriptions services like LootCrate and when you get there you're not too far off from monthly cat food.
- valuearb 6y agoAnd if they pull it off, they’d be worth $50 a share. That’s what DFV said himself.