Sunday, August 12, 2012

GameStop’s master turnaround plan revolves around selling used Apple products

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GameStop’s master turnaround plan revolves around selling used Apple products
Texas-based game retailer GameStop has taken a hit over the past year as users move game downloads to mobile devices and online platforms. While the company still maintains a two-thirds share of the retail market, its stock has taken a sharp 26-percent dive, leaving the company in need of a serious turn-around. Last September, we first reported that GameStop had begun taking in trade-ins of Apple’s devices, and we now have learned that was a part of the company’s master plan to bounce back.

In an effort to avoid the fate of Blockbuster, Circuit City and others in the remainder bin of failed retailers, GameStop has embarked on a daring, if inglorious,

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