GameStop chairman takes stake in Bed Bath & Beyond, pushes for change -WSJ -Breaking
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© Reuters. FILE PHOTO: An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. REUTERS/Emily Elconin(Reuters) – Ryan Cohen (NYSE:) Inc is a co-founder at online pet product retailer Chewy. Bed Bath & Beyond Inc The Wall Street Journal reports that the retailer is trying to make housewares more efficient and exploring strategic options.
Cohen also serves as the Chairman of Videogames Retailer GameStop Corp (NYSE:), owns 9.8% of Bed Bath & Beyond through his investment firm, RC Ventures LLC, the WSJ reported, citing a copy of a letter sent to the housewares retailer’s board.
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