GameStop CEO Says The Company's Future Isn't In Games
6 Articles
6 Articles
In a recent financial update, GameStop CEO Ryan Cohen pointed out that the company’s future could be linked to the collectible card market. During an annual meeting with shareholders, Cohen explained that this type of product represents a “natural extension” of GameStop’s business model, as it aligns with its traditional trading system. Cohen stated that collectible cards fit perfectly with GameStop’s customer base and that they are “deeply inte…
After All the Shops Were Closed Down in Germany, the Boss of GameStop Says: Games Are Not Our Future
The future of the company should no longer lie in video games, but in the growing business of collecting cards such as Pokémon and Magic.
The situation does not improve for the store chain GameStop. It seems that there is news of its current panorama, after its departure from Europe. Specifically, the GameStop chain is going through a radical transformation and continues to struggle to be profitable while confirming new layoffs. Its latest movement went through the NFT business, from which it seems to be moving away. Now, after some cuts, surprising statements arrive. The chain se…

GameStop CEO Says The Company's Future Isn't In Games
The company is going deeper into trading cards.
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