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Top retaildive.com News

GameStop CEO Ryan Cohen Could Be Set for a $35 Billion Payday – with One Big Caveat

Tesla · United States

GameStop CEO Ryan Cohen Could Be Set for a $35 Billion Payday – with One Big Caveat

56% Center coverage: 32 sources

By Ramishah Maruf, CNN New York (CNN) — Betting big on memestocks could pay off, at least for GameStop CEO Ryan Cohen. But a potentially huge payout hinges on a massive turnaround for the volatile video game retailer. Cohen could receive a pay package worth $35 billion in performance-based stock options, the company’s board announced on Wednesday. The award is “designed to incentivize Mr. Cohen to achieve extraordinary growth,” meaning he only g…See the Story

Macy’s to Shut Down More Stores in 2026, Including 1 in N.Y.

United States · United States

Macy’s to Shut Down More Stores in 2026, Including 1 in N.Y.

80% Center coverage: 20 sources

The closures are part of the brand’s regrowth strategy, which is focused on eliminating underproductive stores and streamlining operations.See the Story

US online holiday spending hits record levels despite slower growth, Adobe says

Business · United States

US online holiday spending hits record levels despite slower growth, Adobe says

72% Center coverage: 7 sources

U.S. online holiday spending growth slowed in the 2025 season, Adobe Analytics data showed on Wednesday, even as shoppers set a record on the back of steep discounts and wider use of buy-now-pay-later plans.See the Story

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