Thursday, May 17, 2018

Investors urge GameStop to overhaul retail strategy amid management upheaval
Retail giant GameStop is being urged by investors to conduct a strategic review following the sudden departure of CEO Michael Mauler.

According to a letter seen by CNBC, hedge fund Tiger Management described the recent upheaval as "an unprecedented opportunity" to overhaul the retailer's strategy and "revive shareholder confidence in the sustainability of the GameStop business model". . . . more