GameStop shares plunged Wednesday after it terminated Chief Executive Matt Furlong and elevated Ryan Cohen to executive chairman, the latest shake-up at the videogame retailer, which has been struggling to find new ways to juice sales, The Wall Street Journal reported.
GameStop fired its top executive and other layoffs at Game Informer. An article on Game Informer, posted on July 8, 2022, stated that GameStop “which is in the process of pivoting its business around crypto” fired one of its top executives and laid off a number of Game Informer staff. In a filing with the US government, GameStop said it
ThinkGeek is an extremely popular online purveyor of all things geeky. Recently, it appeared that Geeknet Inc., (ThinkGeek's parent company) was going to be acquired by Hot Topic. Things have changed, and it turns out that GameStop is now set to acquire Geeknet, Inc. There are those who are breathing a sigh of relief because they weren't so keen on