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RETAIL: Former fast-grower adds services, markets in rebound bid
A former fast-growing consumer electronics retailer is looking to rebound with a push into overseas markets.
San Clemente-based Play N Trade, which operates through franchisees, earlier this month expanded into Central America with a store in Panama City. That followed recent debuts of one store in Colombia and two in Egypt.
The company, which buys and sells new and used video games, consumer electronics and accessories, is seeking markets where competition is scarce.
"We're hitting markets where our cornpetition has no experience," said Charles Franklin, executive vice president of franchise development.
That's a far cry from the U.S. market, which is dominated by Grapevine, Texasbased GameStop Corp.
GameStop owns and operates 6,650 stores in the U.S., Australia, Canada and Europe. The company posted...