Being able to move games, add extra library locations, scan and fix broken directories (eg. when your drive is failing and you're only able to copy 90% of the game uncorrupted) is immensely valuable.

The Epic Games store doesn't have libraries nor a 'locate' feature, so if you want to move a game you have to go to the existing game folder in Windows Explorer (no Mac or Linux by the way[0]), move it to a temporary directory, start the install in the new directory, 'cancel install', move your game files to the directory the launcher just created, and then 'resume' the install. Only then can you move and have the launcher recognize the new location without having to redownload the entire game.

0: https://trello.com/b/GXLc34hk/epic-games-store-roadmap (it's not even in 'future development' which includes other long-requested features like a shopping cart from 2019)