Target, RadioShack buy back iPhones, other used gadgets

USA Today Tuesday 1st February, 2011

Major retailers, such as Target (TGT) and RadioShack (RSH), are buying back products from customers in-store and offering credit toward purchase of new products. The retailers are working with a handful of websites that hunt for used gadgets, including NextWorth, Gazelle and CExchange. And there are dozens of other sites looking to snap up old gear, such as cashforiphones.com or buymytronics.com. Buying back products from customers "drives traffic into the store, and helps tell that we're a place that can provide value above what you could find at another retailer," says Rob Dunlap, RadioShack's divisional merchandise manager.

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