Posts tagged with "Gamestation"

After Financial Crisis GAME to Stock New Release The Witcher 2

After Financial Crisis GAME to Stock New Release The Witcher 2
The prospects for GAME and Gamestation seem to be improving after their financial woes, as Namco Bandai confirm that the high street stores will be supplying newly released game titles. The GAME Group, responsible for both GAME and Gamestation, went into administration in March following poor sales over the Christmas period, leaving the company struggling financially. GAME sold off 277 of its stores and entered administration before being bought... 

277 Stores to Close as GAME Enters Administration

277 Stores to Close as GAME Enters Administration
On Monday the 26th of March, the face of specialist gaming retail on the UK high street changed dramatically. Yesterday marked the closure of 277 GAME and Gamestation stores (including Gamestation’s flagship Birmingham New Street store) and the loss of over two thousand jobs as GAME Group PLC went into administration. The official statement from GAME Group:  “Mike Jervis and Stuart Maddison of PwC were appointed joint administrators of... 

GAME Group to File for Administration

GAME Group to File for Administration
After this morning’s news that GAME Group PLC had been delisted from the London Stock Exchange, in which they stated that “The Company [would] provide a further update in due course,” a further press release has been issued. In the press release they state that talks with third parties have not progressed far enough and as they don’t have enough time left to sort out a viable plan for the business, they have filed for administration. The... 

GAME stores set to close while OpCapita’s bid breaks down

GAME stores set to close while OpCapita’s bid breaks down
A few days ago it looked like there was hope for GAME Group after OpCapita offered to buy GAME. The news also helped boost its share price, which currently stands at 3.07p, after having started the week at an all time low of 0.5p, However, according to The Guardian, OpCapita’s deal, “appears to have been given the cold shoulder by lenders.” Amid this, GAME has already started sending out letters to customers warning them of store closures.... 

GAME Group Issues Statement After Reports Suggest it is “for sale”

GAME Group Issues Statement After Reports Suggest it is “for sale”
The Times this morning reported that GAME Group is now “for sale.” This has prompted them to issue a statement regarding the recent industry speculation that, since they could not secure key EA, Ubisoft and Nintendo titles earlier this month and following reports that staff were given two weeks to brace for administration, the chain is now facing administration in the very near future. The statement discusses the company’s issues securing... 

GAME to brace itself for administration

GAME to brace itself for administration
GAME Group is now believed to be on the cusp of administration, after the company’s CEO Ian Shepherd informed senior staff that they have just two weeks to turn its fortunes around. GAME Group, which owns both GAME and Gamestation, started a fire sale of pre-owned stock yesterday to help keep them afloat. Advertised as a “Spring Clean” some games have seen huge discounts and are marked down as low as 98p. A reduction on pre-owned consoles began... 

GAME and Gamestation Not Stocking Mass Effect 3 or Mario Party 9

GAME and Gamestation Not Stocking Mass Effect 3 or Mario Party 9
It has been discovered today that retail chain GAME Group (comprising of GAME and Gamestation) will not be stocking the highly anticipated Mass Effect 3 at launch, or any other EA titles released in March after SSX. Following a year of bad news for the chain, plagued by credit issues that recently prevented them from stocking Ubisoft‘s Playstation Vita launch titles, Tekken 3D and Nintendo‘s The Last Story, the stores have now cancelled... 

Nintendo 3DS UK Launch Details

Nintendo 3DS UK Launch Details
Once upon a time there was a Nintendo DS, and everybody wanted to touch her. Feeling she ought to make some changes to herself, she lost some weight (DS Lite), had some cosmetic surgery (DSi), and later increased her bust size (DSi XL). She has recently undergone a full three-dimensional make over (3DS), and in just a few days time will take to the streets on March 25th, charging consumers just under £200… the slut. You’ve probably already... 
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