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Ryan Cohen

👤 Speaker
295 total appearances

Appearances Over Time

Podcast Appearances

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

So the benefit of our 1600 stores is,

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

We have the ability to increase intake, but I would go through it and I would make it as simple as possible to have a real item for sale as a seller.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And there's a lot of steps.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

It's just, it's a pain in the ass.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

It's too difficult.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

It's a good question.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

I mean, our footprint is a moving target.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

This was part of what appealed to me originally when I went into GameStop was the leases were short term.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

So they're like two to three year leases.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And as we see how the business performs, we decide whether or not it makes sense to renew the store.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

So I mean, it's going to be dependent on

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

utility of the store.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

It's like if there's traffic and if profitability is increasing, we'll keep the stores open.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And if it's not the case, then we'll shrink the store base.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Well, that would... So, yes, and it would basically take $0 in CapEx in order to do something like that, and it's a good idea.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

I hope that doesn't happen, because I want to run the entire thing, but if it doesn't, then there's a partnership option.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

I reached out to eBay, I don't know, maybe a year or two years ago to talk to them about partnering, and

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

They didn't engage seriously.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Everyone's on vacation.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Everyone's always on vacation.