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GameStop (GME -3.5%) CEO Paul Raines weighs in on the company's buy-sell-trade model in preowned...

GameStop (GME -3.5%) CEO Paul Raines weighs in on the company's buy-sell-trade model in preowned devices in an earnings CC. He says the early read on consumers is that the program has been very well-received, and projects the re-commerce market in North America now stands at $700M-$800M. "The market is highly fragmented and without a clear leader, and retail stores are the best channel to acquire inventory."
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