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GameStop‘s (NYSE:GME) official “retro” classification of the PS3, Xbox 360, and Wii U reads like a joke. But it’s also a deadline-driven trade-in push — part of a longer attempt to reposition a shrinking retail footprint around secondhand and legacy hardware.
GameStop is encouraging customers to trade in their Wii U, Xbox 360, PlayStation 3, or any older consoles, games, or accessories by offering an additional 10% trade-in credit until March 31. The company is also accepting trade-ins of defective retro consoles.
The company jokingly mentioned that the decision was based on “careful analysis of multiple indicators,” such as the presence of component cables, the absence of Fortnite, and the …
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