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

|About: GameStop Corp. (GME)|By:, SA News Editor

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."