GameStop considering selling vintage games
CEO Paul Raines says consumers interested in buying classic discs and cartridges; plans to offer such games through website, but acknowledges the "big idea" has problems.
Specialty retailer GameStop is considering beefing up its website to include vintage game cartridges and discs that it does not carry in its physical stores. Speaking to Polygon from the GameStop Expo in Texas this week, CEO Paul Raines said there is an opportunity for GameStop to tap into this market, but acknowledged there are problems with the idea as well.
"We think there's a vintage sales opportunity, so we're accumulating some inventory," he said. "It's a big idea, and there's a few problems with it. The first one is sourcing the product, the condition, the refurbishment, all that stuff. But there's a customer for it. And we're working on some stuff we haven't announced yet."
Raines added that the ubiquity of vintage games sales on eBay is proof that there is a market for classic games. He added, "We've got to be in that business. We will be." The executive explained that the GameStop website would be a fitting destination for vintage titles, in part because it would help the company compete against online retailers like Amazon.
"We can't just be trying to go head-to-head with Amazon, beating each other to death on delivery dates. We do plenty of that," he said. "But we've got to be a destination for gamers where, for cool stuff for gaming, you've got to go to Gamestop."