Today Game announced that they have gone in to administration. After issues with money over the past year. The board of “no equity value left in the group”. With this news there is around 6,000 jobs at risk at the moment. When was the last time you entered a Game Store, even if you didn’t buy anything.
This is the biggest chain of stores to go in to insolvency since Woolworths in 2008. After being hit with the withdrawls of some major games such as the collection of EA Games this has hit the company. I have been in a Game store today (a very big one) and there was a complete isle empty where the withdrawn games were and the store was empty. Peacocks was a big store that has gone from the high street, now when Game goes the high street will be empty.
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