GameStop’s bottom-line performance further highlighted the benefits of its cost restructuring. The company shifted from a net loss of $32.3 million to a net income of $44.8 million in the first ...

GameStop Corp. GME and Best Buy Co., Inc. BBY stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep ...

Gamestop’s CEO Ryan Cohen promised to cut costs and focus on long-term profitability for the struggling video game retailer in an annual shareholder meeting Monday, June 17, 2024.

The bitcoin purchase marks the next step for CEO Ryan Cohen’s plan to improve the company’s profitability. Cost-cutting efforts included closing 590 brick-and-mortar locations last fiscal year.