Ryan Cohen: The Chewy Co-Founder Who's Shaking Up GameStop

From Online Pets to Brick-and-Mortar Gaming

Ryan Cohen, the billionaire co-founder of online pet supplies store Chewy, has made a name for himself by turning around struggling businesses. His latest target is GameStop, the struggling video game retailer where he now serves as CEO.

A Track Record of Success

Before founding Chewy, Cohen worked as a management consultant at Bain & Company. In 2011, he launched Chewy with the goal of creating a better online shopping experience for pet owners. The company quickly became a success, and Cohen sold it to PetSmart in 2017 for $3.35 billion.

GameStop's Turnaround Mission

Cohen joined GameStop's board of directors in 2020 and became CEO in 2021. Under his leadership, the company has begun a major transformation, including closing underperforming stores, investing in digital initiatives, and exploring new product offerings.

Social Media Buzz

Cohen's recent tweets and investments have generated a lot of buzz on social media, with some investors believing that he is preparing GameStop for a major turnaround. His moves have been closely watched by both retail investors and Wall Street analysts.

The Road Ahead

It remains to be seen whether Cohen can replicate his success at Chewy with GameStop. However, his track record of success, combined with his passionate following on social media, suggests that he could be on the verge of another major industry shakeup.