Report: HMV Getting Out of Pre-Owned Games Business

March 10, 2014 - GamePolitics Staff

According to this Eurogamer report UK retailer HMV is getting out of the used games business to make room for other merchandise. A "UK industry source" told the publication this morning that HMV is no longer buying used games or game systems.

In fact the company's various UK outlets are deeply discounting existing pre-owned stock to get rid of it to make room for other merchandise that the store has found great success in selling including music and films, according to the report. A separate source contacted Eurogamer earlier in the week to alert them of the situation.

HMV has not publicly commented on this story. It is unclear - assuming that this story is true - if HMV is permanently stepping out of the used games space or if this is a temporary measure.

HMV went into administration (the UK equivalent to bankruptcy) in mid-January of 2013. The company spent a good part of the first quarter of 2013 closing stores and firing employees in the UK. Eventually it was saved by HMV Canada owner Hilco.

Source: Eurogamer


 
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