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Walmart said that it will allow customers to convert old videogames for consoles like the Sony PlayStation3 and Microsoft Xbox 360 into store credits at over 3,100 stores. Starting March 26, an estimated 110 million gamers across the U.S. will be able to use the gift cards toward any Walmart or Sam's Club purchase, according to the announcement. "Gaming continues to be an important business for us, and we’re actively taking aim at the $2 billion pre-owned videogame opportunity," Duncan Mac Naughton, chief merchandising and marketing officer for Walmart U.S., said in a statement.
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Seahawks shrine: How 'Pawn Stars' display went viral
The Seattle Times
By the time Travis Benton saw the picture of his Seahawks memorabilia on Facebook, the collection at the Las Vegas Gold and Silver Pawn had already gone viral. Since 2012, Seattle fans from all over the United States have spotted the Seahawks hat and 12th Man flag in the background during several episodes of the History Channel's hit TV show "Pawn Stars," which is filmed in Benton's downtown Las Vegas store.
Why the rich need pawnshops
Pawnshops to the rich seem to be popping up faster than Starbucks stores. According to an article in Crain's New York Business, there are now 493 pawnshops in New York, up by 50 percent (when you include secondhand dealers) since 2010. The big growth is in high-end pawnshops, which cater to the pawn-my-Picasso set.
Police on pawnbrokers' backs
Crain's New York Business
Tensions are mounting between the pawn business and New York City police. Come late April, pawnshops will be required to register with a national database.
Family's Manchester, Conn., pawnshop back in business after fire
A Manchester, Conn., family said it was back in business, following a devastating fire back on Oct. 12. Flames ripped through two stores, including the Connecticut Valley Coin pawnshop, and a number of apartments. John and David Muller said it feels good to have a store front once again, now at a new location.
A dozen deductions for your small business
Bankrate.com via FOX Business
Small-business tax rule No. 1: Don't mess with the IRS. But that doesn't mean you should cheat yourself. Take every legal deduction you can. Here are a dozen that even savvy small-business owners and entrepreneurs sometimes forget.
Gold prices sink as tensions ease over Ukraine
The Associated Press via ABC News
Gold prices slid on expectations that a dispute between Russia and Western countries will ease. The actively traded April contract for gold fell $13.90, or 1 percent, to settle at $1,359 an ounce.
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What Twitter groups can teach you about your organization
By Michael J. Berens
If someone asked how your company is organized, what would you say? Chances are you would pull out your company's org chart and describe its various divisions and departments. But org charts only depict lines of formal authority. Running throughout your organization are networks of relationships, which are where the real day-to-day power and influence reside. Understanding how they operate can help you lead and manage more effectively. Recently, a clever team of analysts did a deep dive on Twitter. What they found reveals a lot about how and why certain networks get formed.
Android Wear: Google's Smartwatch plans come into focus
Its new mobile operating system, Android Wear, is tailored for smartwatches and other wearable devices. The software focuses on notifications and quick responses to show you information as you need it while keeping interaction to a minimum.
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