GameStop Opening Fulfillment Center in E-Commerce Transformation

GameStop's (NYSE: GME) transformation into a digital video-game marketplace advanced to the next phase as the retailer today announced it was leasing a new 700,000-square-foot fulfillment center dedicated to its e-commerce ambitions.

The move seems to be a direct evolution of GameStop's appointment in March of Jenna Owens to be its executive vice president and chief operating officer. Prior to joining the video game retailer, Owens was a senior executive at Amazon, where her responsibilities included distribution and multichannel fulfillment.

Activist investor and interim chairman Ryan Cohen had previously made the audacious claim that he wanted to transform GameStop into the "Amazon of gaming."

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Source Fool.com