Pre-owned Game Sales Enable GameStop to Survive in Consumer Electronics Business, Says CFO

With GameStop‘s stock dropping by 27% since the end of November last year, the retailer is relying on diversifying its business not only within the video games category but also beyond it. Chief Financial Officer, Robert Lloyd, has told Fortune that GameStop “maintained a balance sheet” that made room for diversification, and pre-owned game sales have helped it to survive in the consumer electronics…

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