Trade in used video games for Walmart credit

There are almost a billion video games sitting unused in homes across the United States. Starting next week, those games can be traded for eGift cards at Walmart.

Walmart already has the second-largest market share in the video game industry, and with more than 110 million gamers in the U.S., we see enormous potential in the $2 billion pre-owned video game business opportunity.

New releases will still remain the focus of our business, but we’re excited to give customers the option to buy used games in great condition.  When we disrupt markets and compete, our customer wins. Our strategy is to pay more for used games, sell new and used games for less, and give our customers the flexibility to spend their money how they want.

Customers will be able to apply the trade-in amount for their video games immediately toward the purchase of anything sold at Walmart and Sam’s Club, both in stores and online. And as you know, a Walmart gift card is pretty much cash…you can buy a new game, groceries, socks, TVs, a bike and more.

Starting this summer, customers will be able to purchase “Certified Pre-Owned” video games in our stores and on This is a new category for us and something our customers have been asking for.

Trade-in for Wii, Xbox, PS4 and other games starts today for Walmart associates and trade-in begins March 26 for customers at more than 3,100 stores nationwide.

Learn more about how our video game trade-in works:



Sam’s Club Says ‘YEA!’ to Novel Ideas

Shreyas Parab, CEO of NovelTie, is a licensed small business owner from the suburbs of Philadelphia who is working hard to grow his novelty necktie company. He started NovelTie to “turn the occasion of having to wear a tie to the event where you get to wear your NovelTie.”

Eight months into his business, Shreyas has revenues of $3,500 and expanded his team of one to nine salespersons in two states.

Very impressive for a 14 year old. Yes, Shreyas Parab is 14 and balances his CEO demands with homework as a full-time 10th grader at Archmere Academy, where he is required to wear a uniform. Thanks to an after-school program called the Young Entrepreneurs Academy (YEA!), Shreyas wrote a real business plan, launched NovelTie and found investors in just 30 weeks.

His ties are meant “for teens by teens” – his best sellers, for example, are titled “stud muffin” and “chick magnet” – and his salesmen are students at neighboring schools with similar dress codes. Soon, he’ll also have an even bigger audience: NovelTies will be available to members in his local Sam’s Club through our ShowCase Events program, a limited-time merchandising opportunity for small or new business suppliers.

As a finalist at the June 2015 YEA! national competition,  Shreyas recently joined five YEA! scholars at Sam’s Club’s corporate headquarters in Bentonville, Arkansas, to pitch his business to buyers, participate in supplier workshops, visit with CEO Rosalind Brewer and experience the Walmart culture. In preparation for the trip, Shreyas did his homework: he read Made in America, Sam Walton’s autobiography. “I learned from the book ... that no matter where I was or what I was doing, I need to stay true to my intentions and who I am,” Shreyas wrote in a letter to Sam’s Club executives. “Even as Mr. Walton got older, he never forgot the values that he had grown up with and held true to his heart.”

33 years ago, “Mr. Walton” founded Sam’s Club to help small business owners save money, and today we continue working to help entrepreneurs of every age realize the American dream. Our club associates met thousands of YEA! scholars in more than 100 communities this year as they served as lead judges at local YEA! business pitch competitions. Sam’s Club also contributed startup funds to expand YEA! to 13 new communities in collaboration with the U.S. Chamber of Commerce Foundation.

You or a teen you know could launch the next NovelTie or even the next Walmart: YEA! classes start this fall. To find a YEA! chapter near you, visit

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Georgia Governor on ‘The Silicon Valley of the South’

As Walmart opens a new e-commerce fulfillment center in Atlanta, we caught up with Georgia Governor Nathan Deal for a quick chat about his home state – and its growing reputation as a tech incubator.

WMT: What is the most exciting thing about being governor of Georgia?

Deal: Our economy is seeing positive growth with thousands of new jobs added every month. We’re seeing the telltale signs of cranes and bulldozers humming on newly cleared land. We’re seeing home values recover and Georgia families rebuild their savings. In fact, since the start of my first term in 2011, we’ve helped create more than 400,000 private sector jobs. Companies representing a wide variety of industries continue to expand and relocate here. This growth strengthens local communities and our state as a whole.

WMT: What, if anything, can the public and private sectors teach each other about innovation?

Deal: Early in 2011, we put in place what we call the Competitiveness Initiative, a joint effort with leaders from government, universities and technical colleges and the private sector. The initiative examined six key factors identified by site selectors as the most important influencers in corporate location and expansion decisions:

  • Infrastructure
  • Innovation
  • Education and workforce development
  • Friendly business climate 
  • Global commerce
  • Government efficiency

Based on the recommendations from public and private stakeholders, we’ve been able to implement several positive policy changes and programs. This innovation and collaboration has served — and will continue to serve — Georgians well.  

WMT: What does the Walmart e-commerce fulfillment center opening mean for Atlanta’s identity as a burgeoning tech hub?

Deal: Georgia has experienced rapid growth in the tech sector in the past several years. In fact, Atlanta has been dubbed the “Silicon Valley of the South” due to our growing reputation as a technology hub. With the addition of Walmart’s fulfillment center, Georgia continues to cement its reputation as a tech incubator and innovator. These well-paying, high skills jobs are indeed the jobs of the future. We know that between now and the year 2020, STEM field occupations will introduce more than 79,000 new jobs to Georgia. In response, we’ve made significant investments and policy changes in order to prepare our students and workforce for these future jobs. I’m excited that Walmart has chosen to bring these cutting-edge jobs to Georgia, and I look forward to its continued growth in this industry. 

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Why This Tiny Chip Has Huge Security Benefits

If you’ve received any new credit cards in the last year or so, take a close look: There may be a microchip right above the card number. While that tiny chip can be easy to miss, soon it won’t be – starting this week, many retailers are using it to make a small change in your checkout process.

Because this tiny chip offers much greater security benefits versus traditional signature-based, magnetic stripe technology, on Oct. 1 many retailers, including Walmart, will begin prompting customers not to swipe, but to “dip” – aka insert and briefly leave the card in the payment terminal. 

Here’s how it works:

A GIF of a Credit Card being swiped in a credit card machine at cash wrap

Using a chip card to pay means the chip assigns a dynamic code that changes each time consumers use the card. Even if the code were obtained, it could not be used to make an additional purchase.  So when considering the risk of counterfeit, a chip is much more difficult to duplicate. 

So why the significance of Oct. 1? That’s the date set by Visa, MasterCard, American Express and Discover for the liability of credit card fraud to shift from credit card issuers to retailers. Merchants that haven’t changed their terminals to read chips could be responsible for fraud.

Walmart has long been pushing toward payments that give our customers more security than the traditional signature-based, magnetic stripe technology. In fact, here’s something else you may not know:  We began installing hardware that had the capability of accepting microchip cards more than nine years ago, and we activated the functionality on Nov. 1, 2014. Additionally, in 2014, both Walmart and Sam’s Club issued chip-enabled MasterCard cards to our branded cardholders. 

While the cards are changing, you will still have the quick, simple checkout experience you're accustomed to at Walmart and Sam’s Club. If you don’t have a microchip card, you can continue using your magnetic stripe card at Walmart and Sam’s Club just the same. In fact, when it comes to debit cards, many banks have not issued chip-enabled cards anyway: Only 25% of debit cards will be transferred to the new system by the end of 2015, according to a recent study by Pulse, a PIN debit network.

Walmart was among the first retailers to implement chip technology to better secure payments for credit card holders, and now, we’re finally starting to see this shift take place.

For additional resources regarding chip-enabled payments, visit the news section of our website.

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2 Dreams, 2 Degrees, and 1 Unconventional Path

Like most moms, Lisa Moore has always bent over backward to put her son Joseph “Joey” Moore in a position to make his dreams come true. But there was one such dream that weighed especially heavy on her.

“I’ll never forget the day Joey came to me and said, ‘Mom, I’m going to go to the University of North Carolina at Chapel Hill,’” Lisa said. “He was only 11 years old when he told me, but his mind was made up. I wanted to help make it happen but, as a single mother, I honestly didn't know where the money was going to come from.”

When Joey neared the end of high school, Lisa’s manager at the Walmart store in Mooresville, N.C. where she worked turned her onto the Associate and Dependent Scholarship Programs offered by the Walmart Foundation. Not only could associates like Lisa apply for scholarship assistance, but so could their high school senior dependents.

That was 2007.  Joey applied for and received a scholarship, and graduated from the University of North Carolina at Chapel Hill.  And he’s used his chemistry degree to springboard into a successful career with Henkel Corporation.

Associate Lisa Moore with coworker inside store

But that isn't where the story ends with the Moore family.

“It wasn’t long before Joey started telling me I could do the same thing – that it's never too late to go to college,” said Lisa, 52. “A light came on inside me.”

Already a pastor at Scott’s Chapel United Methodist Church in Statesville, N.C., Lisa recently decided to apply to the Associate Scholarship Program to help finance her enrollment at Hood Theological Seminary School. She, like her son, was awarded a scholarship and is on track to graduate in 2018 with her Masters of Divinity degree. At that point, she plans to focus her efforts full time on the church, pursuing her dream of becoming an elder and possibly even a chaplain.

And she has quite the cheering section behind her.

“There are so many people lifting me up and cheering me on,” Lisa said. That’s why I’ve been with Walmart for 16 years. My job at Walmart has helped put a roof over my head and raise my son, and now it has [helped to support] both of our college educations.

“When I enrolled in seminary, Walmart allowed me to cut back some of my hours to concentrate on school,” she said. “Walmart has always been flexible with my schedule, no matter what was happening in my life and I’m so thankful for that. I’m the biggest cheerleader for this company, not just because of the scholarship program, but because of how it has looked out for me and my family.”

For more than three decades, the Walmart Foundation has made resources available to help U.S. associates and their high school senior dependents fulfill their educational goals through scholarships. More information is available here.