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Investor's Business Daily

| October 03, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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Best Buy eyes used video games

Best Buy, with more than 870 stores in North America, is buying and selling used video games at a few stores, according to Piper Jaffray. The pre-owned video-game market is worth about $800 mil a year, or 10% of the total market. Gross margins are much higher for used games than new titles.

Wal-Mart execs swap posts

The world's No. 1 retailer said John Menzer, who had headed Wal-Mart Int'l, will take over the U.S. Wal-Mart stores division, while the chief of the ...

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