Tag Archives: turnaround

The GameStop turnaround promise is failing

The GameStop turnaround promise is failing

GameStop Chairman Ryan Cohen and CEO Matt Furlong promised to turn the gaming retailer into one of operational excellence and amazing store experiences while cashing in on new opportunities like crypto and NFTs. More than a year into their collective and rather secretive leadership, the entire experiment is beginning to look like an utter failure — underscoring longtime Wall Street concerns about the company’s business model such as too many costly physical stores in dying malls and shifts… Source link

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How Monty Williams, Devin Booker led Suns’ turnaround

PHOENIX — The smell of Champagne and cigars, the noise and rambunctiousness of the victorious Milwaukee Bucks met Monty Williams last July, running into the newly crowned Giannis Antetokounmpo in the hallway shortly after Williams’ Game 6 news conference. “Coach, let’s run it back next year,” Antetokounmpo said to Williams as the Phoenix Suns coach graciously congratulated the NBA Finals MVP. He barely had time to process the heartache before seeing the one-man force who nearly… Source link

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Ryan Cohen Maps Out GameStop Turnaround Plan

(Bloomberg) — Perhaps no one, not even the day-trading hero they call Roaring Kitty, is more responsible for the improbable 700% rally in GameStop Corp. this year than Ryan Cohen. At 35 years old, Cohen is a billionaire entrepreneur with a reputation for a Midas touch after building the pet-supply site he co-founded — Chewy — into a booming business. And so when word got out in mid-January that he had secured three seats on GameStop’s board after amassing a 13% stake, shares of the… Source link

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DoorDash to deliver at home COVID-19 tests that offer quick turnaround

The New York Times 11 Years On, the Affordable Care Act Defies Opponents and Keeps Expanding WASHINGTON — More than 200,000 Americans flocked to the Affordable Care Act’s online marketplace to sign up for health insurance during the first two weeks of an open enrollment period created by President Joe Biden — a sign that those who lost insurance during the pandemic remain in desperate need of coverage. At the same time, a provision in the president’s $1.9 trillion stimulus law to make… Source link

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