Best Buy Trying Out Used Game Trading Kiosks
Bad news for GameStop Corp. (NYSE:GME) because Best Buy Co., Inc. (NYSE:BBY) will be installing game kiosks for used and new video games. The pilot kiosks will be opening up in Dallas and Austin, Texas. GameStop is based in Grapevine, Texas.
Machines at the kiosks will take your used video games and make sure that they are functional. After that it will give you a Best Buy gift card so you can go and spend more money at the retail stores. The pilot is being tested because most used game returns usually go back into buying new games.
[via BusinessInsider]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry