GAME and GameStation go into administration

[chrismada9 1,948]

A sad day for gamers

Video game retailer, Game Group, has gone into administration, with the immediate closure of 277 stores in the UK and Ireland.

Administrators PricewaterhouseCoopers (PwC) said 2,104 employees would be made redundant this week.

The remaining 333 stores will stay open as the administrators search for a buyer for the business.

PwC said that the retailer had suffered from high fixed costs and an ambitious international expansion.

-----------------

Source:- BBC |

-----------------

[Laylabelle 9,292]

Gotta be hard with sites like Amazon,Play etc to compete with and espically as their prices seem to be lower

[We Hate Scouse 10,260]

Unsurprising....They both price their games stupidly high, when online retailers and supermarkets offer much better deals.

[LDN Blue 7,903]

Shame, my mate worksed for them. WHS is right though, online retailers have blown them out the water, places like Play, Amazon even Zavvi's cheaper sometimes.

[ZanSnake 1,211]

I personally enjoyed the pre-owned versions, but i go for Cash Generators for that now-a-days. Guess, like what has already been, sites like Amazon completely own them on prices - like by a £5 for each new game, or something along those lines!

[ChelseaChick 430]

I think I'm going to cry.

[cfc-meleady 192]

Rip off of a place anyway, what do they expect when you can go to a shop down the road and get the same game for 10-15 quid cheaper?

[nullabletype 987]

Thank god. Rip off merchants.

[chrismada9 1,948]

Shame, my mate worksed for them. WHS is right though, online retailers have blown them out the water, places like Play, Amazon even Zavvi's cheaper sometimes.

Don't forget the supermarkets as well, I normally get my current gen games from my local ASDA.. the games they sell I can get for a real cheap price!

[capriccioso 2,545]

Is this likely to go worldwide? We have GAME outlets in Australia and I normally buy pre-owned PS3 games from them, they offer better deals for those than most other game outlets.

[Spike 12,049]

In Australia we have EB Games. Complete rip off. If a game is $110 at EB Games it is $80-90 at JB Hi Fi.

[capriccioso 2,545]

In Australia we have EB Games. Complete rip off. If a game is $110 at EB Games it is $80-90 at JB Hi Fi.

EB is rubbish, GAME and JB are much better. Too bad they have a large share of the market.

[LDN Blue 7,903]

In Australia we have EB Games. Complete rip off. If a game is $110 at EB Games it is $80-90 at JB Hi Fi.

That's GAME for us.

[Swedish House Mafia 508]

EB is rubbish, GAME and JB are much better. Too bad they have a large share of the market.

They're all shit. Online shopping is the way to go.

[Laylabelle 9,292]

Game station in my towns gone...and was next door to a closed down coffee Rebublic who also went bust..probably stay empty for yonks

Shame but huge competion out there these days

[capriccioso 2,545]

They're all shit. Online shopping is the way to go.

I know but I'm personally principled against online shopping. If we all shop online it won't be long until all our jobs are outsourced to India, Ireland and the other IT hotspots.

[Badboy 1,526]

This is the perfect example of how this world is going to go into anarchy ! In the next 15 years you'll hardly have a city centre to go to, they'll hardly be any stores any more and the internet will takeover because of its much lower overhead's ( No rent and electricity). This is soooo bad for the economy that people don't even understand it, the next generation will be buying socks off the internet in package deals. Half of Europe will be on the dole and central government will not be able to finance a national welfare state.These websites that sell merchandise employ very few people, in fact you can run one all on your own. Now if you put 2200 people on the benefits line for 70 websites that employ lets say 140 people then that is terrible economically even if the consumer saves a tenner. The other horrible thing is the website does not even have to be a business in your country, it can be a business overseas paying taxes overseas which means lost government revenue.

[chrismada9 1,948]

I reckon if all the GAME stores get closed over here, everyone's going to resort to eBay! But some people on eBay can be really stingey, especially when they take pictures of their games they want to sell, and I quote.. "in good condition", and then they send it over to the buyer in a really tatty condition. Either that, or they get the buyer to pay for the game, knowing that everything feels legit, but they never get the game, and then the seller turns the whole thing into a con!

I play it safe and use either Amazon or ASDA!