December 3, 2010
According to a report on Joystiq, approximately 500 Walmart stores in the United States have started stocking used games in-store and Walmart.com is now offering them online. Joystiq cites a recent report from Lazard Capital Markets' Colin Sebastian, who in turn points to "industry checks" that reveal the data.
Walmart announced that it planned to sell used games in-store this year, along with a trade-in program. In his report, Sebastian said that Walmart would focus on "deep value end of used games" (under $20), meaning less overlap with competition like GameStop. Sebastian added that if Walmart can maintain a focus on cheaper games, the retailer could "ultimately expand the market for used games."
Source: Joystiq
Comments
Re: Analyst: Walmart Selling Used Games in 500 Stores
Wait, I'm still not quite sure what that means, by focusing on seliing games for under $20. Are they going to sell most used games, even those that normally retail at $30-40 used, for under $20, or are they just going to stick to selling the ones that normally retail at $20 used?
Cause that makes a big difference, since the latter will seriously limit their used-game library. Then again, Walmart has always had a limited library when compared with game stores like Gamestop. So regardless of price, I don't see Walmart as a major competitor in the cybernatography market, new or used.
Re: Analyst: Walmart Selling Used Games in 500 Stores
I hope it dose even if I hate walmart we need more price wars on game prices peroid.
I have a dream, break the chains of copy right oppression! http://zippydsmlee.wordpress.com/2010/05/21/cigital-disobedience/
I have a dream, break the chains of copy right oppression! http://zippydsmlee.wordpress.com/2011/12/31/what-is-cigital-disobedience/