Tuesday, March 18, 2014

Walmart to Offer Customers Credit for Used Video Games - NYTimes.com

GameStop mkt cap at start of day: $4.6B

"Walmart Stores has a proposition for anyone with copies of Call of Duty and other old video games lying around the house: Trade them in for store credit to spend on other items.
Walmart, the country’s largest retailer, is expected to announce on Tuesday that starting March 26 it will begin allowing customers to convert old games into store credits in over 3,100 Walmart stores nationwide, most of its locations in the United States. The program represents a major push by Walmart into a lucrative segment of the games business, one that games publishers have unsuccessfully sought to stymie in the past because of the potential threat used games represent to new game sales."
Walmart to Offer Customers Credit for Used Video Games - NYTimes.com

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