GameStop's largest shareholder, Ryan Cohen, joined its board in January and became chairman last month with a plan to revive stores and boost online sales.
Pandiscio-Ferrero said morale was low among store workers because their pay had become unreliable. She quit because of this in April, after six months on the job. But unlike Chewy, which only operates online, GameStop generates most of its revenue in its stores. With its success in e-commerce uncertain, pressure has mounted on GameStop to fix them. Over the last 15 months, it has closed 811 stores, leaving it with about 3,000 U.S. stores and 1,600 stores abroad.
He added that he was more bullish about the stores and had earmarked some of GameStop's stock market windfall for redesigning and restocking stores and training staff, the sources said. "It is an irrevocable move to technology-based acquisition of products. These folks are not likely to be successful in the mid to longer term," he said.
In the last few weeks, it has signed up leases for a 530,000-square-foot facility in Reno, Nevada, and a 700,000-square-foot facility in York, Pennsylvania.
RodAlzmann Lol at that concluding statement from a disgruntled employee. Get out now if you if you can? Also wtf is he talking about regarding attracting customers who he enjoyed talking with? That poor attitude will serve you well in your next gig dude.
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