Evo
Tank
- Joined
- May 6, 2005
- Messages
- 6,517
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Below is a copy of my post on The Reticule, but the word on the street is the UK games retailer, GAME, is edging ever closer to going into administration in the next couple of weeks unless something drastic happens. The hope amongst the industry seems to be a takeover by GameStop in some shape or form.
The one plus side though? They are having a massive sale right now to try and get some cash churning through the tills.
The one plus side though? They are having a massive sale right now to try and get some cash churning through the tills.
The recent escalation of issues at leading UK games retailer GAME Group are nearing a head with reports emerging this afternoon that senior management are bracing themselves for the group to enter administration. GAME Group, which runs GAME and GameStation stores up and down the country, has had several big blows recently with the inability to stock Mass Effect 3 for today's launch the most striking for gamers. There is currently amassive sale now on at GAME on new releases, pre-owned titles and hardware, part of an attempt to generate some cash flow with administration possibly on a couple of weeks away.
It is difficult to see a way back know for the company unless a takeover package is put together by US giant GameStop, if that fails to materialise we could be witnessing the death of a key player in the British games industry. Best of luck to all involved.