Blockbuster has decided to back away from their earlier plan to buy Circuit City. The offer, made more than two months ago, was always contingent on a review of the ailing electronics retailer's books. Apparently they didn't like what they saw and retracted the offer.
With this deal at an end the apparent next step for Blockbuster is figuring out if there's another similar company worth ... [ read the full article ]
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Most retailers don't make much on the console OR the games. It's always been that way. They make their money on the accessories and extra warranties sold with the system. Cords and controllers are where they get you. Games and movies don't have much mark-up (for the retailer). The media companies make money off of those. Wal-Mart does well because they have the room to sell them through all of their stores. More locations equal more sales, and they have the same profit margins as other retailers. Consoles and games are just ways to get the consumer in the stores in hopes of them buying something else (like the controllers and the cords).