Top
image credit: Pexels

The scalpers who stole Christmas

December 14, 2020

It happens every Christmas. Some fad toys get hot (remember Tickle Me Elmo and Furbies?) and profiteers scoop in to buy and resell at astronomical markups online. This year, so-called scalpers have brought a whole new level of technological sophistication to their operations with even more pricey consequences for adults simply looking to get their kids the toy they really, really want.

The recently-released Playstation 5, a hotly anticipated console for gamers, is being bought up by scalper bots and resold at dramatically higher prices and at faster rates than retailers like Walmart can match, according to an NBC News report.

Read More on RetailWire