Saturday, December 22, 2007

Slackers Stores Not Slacking on Wii Profit Margins [Retail Greed]

wiimoney%20GI.jpgThe chaps at Ars Technica are reporting that Slackers stores, of Illinois and Missouri, are retailing their entire Wii stock on eBay, making a tidy $150 profit over the MSRP. According to an unnamed employee at Slackers, the stores are receiving a regular shipment of Wii consoles. Unfortunately, none of those are making it to the shop floor. Instead, to increase their profit margins, they are selling their entire stock via eBay, with a "Buy it Now" price of $399.99. The price was lowered from a previous $499.99, as the products were not exactly flying off the cyber shelves. Ars Technica tried contacting the management, but failed to receive a response.

Considering people are falling over one another to get their hands on a Wii console for their kids, friends and lovers, it's distasteful practice by the boys at Slackers. Not only is it outright greed, but they are also violating Nintendo's terms of retail sale. We think Mario should jump on Slackers until they are a completely squashed retailer, which will hopefully make them realize the errors of their cash grabbing ways. [Ars Technica]


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