Cohen May Drop the $56 Billion Bid and Keep the 9.8%

Ryan Cohen may pull the $56 billion eBay bid. Bloomberg reported Monday that GameStop is weighing a partnership instead, opening roughly 1,600 stores to eBay for cards and collectibles while taking board seats. Reuters could not independently verify it. The 9.8% stake GameStop disclosed in July is what makes the governance ask possible.QVC is out of Chapter 11 with more than $5 billion less debt, a $600 million ABL facility, and Mike George back as interim CEO. Creditors took equity and equity took seats. The one name worth watching built TikTok Shop.Numerator puts 22% of US households on a GLP-1, double the October 2023 reading. Those households spend almost 4% less at grocery after a year, pulling out of pantry staples and into protein and skin care. Nearly two-thirds of former users quit inside six months.Shein's Hong Kong IPO filing shows US revenue down more than 3%, Q1 US sales down 14%, and a $99 million quarterly loss against $395 million a year earlier. Services revenue grew 40%. Brand enablement runs at twice the company margin on 1% of revenue.The Watson Weekly is sponsored by Avalara. Learn more at avalara.watsonweekly.com#ecommerce #retail #Shein #GameStop #eBay #QVC #GLP1 #DTC