I would even say that 90% of locally owned video game stores in my area go under, I have seen so many go under its not even funny. Its just not a profitable business, people want to trade their old games for new games, and most of the time the indie game stores can't get new game stock directly from the publisher. Even so if that is all they are selling then they are stuck with a huge inventory of older games that no one will want to purchase. Most people in my area want the latest and greatest, and we all know last gen prices are in the gutter for the most part except for a few select games. Most of the people around here don't have the last gen games that are desired by game store owners, they have old sports games that they expect to get some money back on, if someone has the desired games, they are selling them on ebay for full price because they know what their games are worth.
Besides if you want the latest GS is all over the place here, some locations are within 2 blocks of one another, there are even some malls that have 2 GS stores, one for the top floor and one for the ground floor, and some have them in the mall, and the plaza outside the mall too. Right now I can't think of a town here that doesn't have a GS store! They have even moved into the most unpopulated towns here. GS offers pretty much everything a gamer will need and they keep their prices at retail or below, say what you want about them, but they aren't going to sell a copy of WindWaker for 54.99...