It looks like Best Buy is turning up the heat on GameStop. The electronics giant plans to start selling used video games, a business that makes up 25% of GameStop's sales.
The good news? Best Buy apparently tried this a few years ago, and it didn't work.
Both chains are posting disappointing financial results as the economy improves. Best Buy's just-released first-quarter sales and earnings fell short of analysts' expectations. GameStop's same-store sales were down during its most recent financial period.
The bigger concern for GameStop, though, is that it could go the way of Blockbuster as digital downloads become more of the norm in the video game industry, leaving it forced to close stores. Could a challenge by Best Buy in used games damage it further?
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