GAME Closure Looms on Monday

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GAME Closure Looms on Monday

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Game will be forced to close its doors on Monday if it can't secure a last-minute deal with publishers to bring in some product and raise some funds.

Despite its increasingly desperate situation, executives at U.K.-based retailer Game still hold out hope that the chain can be saved through an acquisition deal, but first it needs to survive the weekend and make it into next week. The company held talks with publishers earlier today to try to strike a deal that will allow it to keep the lights on a little longer but if nothing comes of it, it will reportedly be closed down for good on Monday.

A big sticking point is Game's lack of credit insurance, which could leave publishers holding the bag if the company folds. Nonetheless, one supplier said it's in the industry's best interests to keep Game going. "We all want a strong specialist to survive, not a lame duck just bumbling along - that would be pointless. Somehow, we've got to find a way," he told MCV.

He also made the interesting point that Game's stores in the U.K. aren't the problem and pointed the finger at company executives for not taking action sooner. "The real shame about that is the fact that it's not the U.K. or Spain that has caused this predicament. It is France, Australia and Scandinavia that has been losing big money for a long time," he continued. "You have to wonder why someone somewhere within Game didn't notice that and do something about it sooner. Those stores should have been closed."

Even if Game is able to survive until an acquisition, the supplier said that there's no way the company will be able to maintain its current store count, which currently stands at around 600 in the U.K. alone. Worldwide, the Game Group operates roughly 1300 stores bearing the Game and GameStation brands.

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well, i guess it's game over then

GAME is pretty bad anyway, over priced garbage. As long as Steam and Amazon stay afloat, I'll be happy.

So what happens to all the unsold stock? Because I could find a use for it...

Andy Chalk:
He also made the interesting point that Game's stores in the U.K. aren't the problem and pointed the finger at company executives for not taking action sooner. "The real shame about that is the fact that it's not the U.K. or Spain that has caused this predicament. It is France, Australia and Scandinavia that has been losing big money for a long time," he continued. "You have to wonder why someone somewhere within Game didn't notice that and do something about it sooner. Those stores should have been closed."

I guess some people have to learn the hard way that real life isn't like Mass Effect: the decisions you make along the way really DO matter in the end.

CardinalPiggles:
GAME is pretty bad anyway, over priced garbage. As long as Steam and Amazon stay afloat, I'll be happy.

So I guess the impending loss of thousands of jobs, as well as the only major gaming presence on the high street, is nothing to get upset about.

I really don't get this "Me and mine" attitude games seem to show. Steam and Amazon are great, but that doesn't mean everything else should go hang.

If it does close, my thoughts go out to all the staff. Hope they manage to find jobs elsewhere, because lord knows the dole queue isn't anywhere you want to be right now.

Hero in a half shell:
So what happens to all the unsold stock? Because I could find a use for it...

what unsold stock, popped into Game yesterday to use up an old gift card I'd found, there was nothing in the place, a few preowned copies of lame ass games and one collectors Ed of the old republic.

Oh and one prowned copy of Mass effect 3 that they wanted 47.95 for! Ended up getting some xbox live points.

Ok, i guess i better decide whether i should take flowers for the store or a paper bag of turds and firelighter...

Lunar Templar:
well, i guess it's game over then

You lost points for making the most obvious joke. Nevermind one that was already made in earlier related news posts.

You are bankrupt.

Continue?

9...8...7...6...5...

Insert 1

I still feel bad for the people who are going to be out of job because of this.

It shall be a sad day for people who like to buy games IRL.

Seriously, this is kinda sad. I have a GAME reward card. I'm not much older than it is. That's how long GAME and gamestation have been a part of my life.

This leaves us with HMV, blockbuster and supermarkets for new games.

F***. Guess it's finally time I move with the times and get me some online shopping accounts...

gigastar:
Ok, i guess i better decide whether i should take flowers for the store or a paper bag of turds and firelighter...

Lunar Templar:
well, i guess it's game over then

You lost points for making the most obvious joke. Nevermind one that was already made in earlier related news posts.

there was points involved o.0

Doclector:
It shall be a sad day for people who like to buy games IRL.

Seriously, this is kinda sad. I have a GAME reward card. I'm not much older than it is. That's how long GAME and gamestation have been a part of my life.

This leaves us with HMV, blockbuster and supermarkets for new games.

F***. Guess it's finally time I move with the times and get me some online shopping accounts...

Same here bro, I also sad for all the stores employee (well the good ones) are going to be umemployed to the still ongoing recession.

I will keep my eyes out at the store over here for any last day sales deal. (Well ok last time I've check all the games I wanted are gone, WTH no Kirby Epic Yawn?)

I want to see GameStop buy this company, mostly because I don't want to see all the staff lose their jobs. And I have the faint, impossible hope of seeing Special Editions in EU being released over here via GameStop.

I'm looking at you, The Last Story.

I've already spent all the points on my Reward Card. I'm going to keep it until it is absolutely clear that GAME is gone and I have no further use for it, but at the same time I won't be using it again unless GAME somehow recovers and I find I still have use for it.

I was already planning to go back to GAME next week, now that I've read this article I'm going to go and have a shop on Sunday so I can go there one last time before it closes.

CardinalPiggles:
GAME is pretty bad anyway, over priced garbage. As long as Steam and Amazon stay afloat, I'll be happy.

I've never understood this argument. I'm not saying GAME is cheap but Steam is almost always more expensive for both new and old games. Apart from sales that is which doesn't really count.

Anyway I hope this means independent stores stand more of a chance, and new more competitive chains opens up.. that's really the only good thing i can see coming from this closure.

Beautiful End:
I want to see GameStop buy this company, mostly because I don't want to see all the staff lose their jobs. And I have the faint, impossible hope of seeing Special Editions in EU being released over here via GameStop.

I'm looking at you, The Last Story.

Nobody will buy it until it goes into receivership. Right now the amount of debt that they have just makes it unrealistic. Plus nobody is going to want to buy all of the stores that are loosing money. I am fairly sure Gamestop will step in eventually and buy out the UK stores.

Lunar Templar:
well, i guess it's game over then

YEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!

So um...does this mean that there'll be a big sell-off of videogames?

Dam, good job I spent my game card points yesterday.

I'm lucky to have a Privately owned game & nerd goods shop in my local town or it would be supermarkets and HMV.

ciancon:

Lunar Templar:
well, i guess it's game over then

YEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!

So um...does this mean that there'll be a big sell-off of videogames?

Nah, they'll keep the stock for whoever buys them. Probably.

VonKlaw:

ciancon:

Lunar Templar:
well, i guess it's game over then

YEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!

So um...does this mean that there'll be a big sell-off of videogames?

Nah, they'll keep the stock for whoever buys them. Probably.

Assuming that someone buys them.

DVS BSTrD:

Andy Chalk:
He also made the interesting point that Game's stores in the U.K. aren't the problem and pointed the finger at company executives for not taking action sooner. "The real shame about that is the fact that it's not the U.K. or Spain that has caused this predicament. It is France, Australia and Scandinavia that has been losing big money for a long time," he continued. "You have to wonder why someone somewhere within Game didn't notice that and do something about it sooner. Those stores should have been closed."

I guess some people have to learn the hard way that real life isn't like Mass Effect: the decisions you make along the way really DO matter in the end.

For you good sir:image

Good riddance. As someone who was never directly influenced by GAME part of me has wanted them to go under since the Space Marine fiasco.

Jodah:

Good riddance. As someone who was never directly influenced by GAME part of me has wanted them to go under since the Space Marine fiasco.

A Space Marine fiasco that has never proven to have been caused by GAME. :P

j-e-f-f-e-r-s:

So I guess the impending loss of thousands of jobs, as well as the only major gaming presence on the high street, is nothing to get upset about.

I really don't get this "Me and mine" attitude games seem to show. Steam and Amazon are great, but that doesn't mean everything else should go hang.

If it does close, my thoughts go out to all the staff. Hope they manage to find jobs elsewhere, because lord knows the dole queue isn't anywhere you want to be right now.

Well... Yeah. No retailer is better than a retailer who doesn't give a rats ass about its customers and the industry he is distributing for.

Ilikemilkshake:

I've never understood this argument. I'm not saying GAME is cheap but Steam is almost always more expensive for both new and old games. Apart from sales that is which doesn't really count.

Anyway I hope this means independent stores stand more of a chance, and new more competitive chains opens up.. that's really the only good thing i can see coming from this closure.

You know what's keeping Steam prices high? Retailer like GAME which for one don't give a FUCK about PC gamers but still refuse to shelf any title if you can get a better deal online. Yup, I'm gonna shed a tear for this retailer chain for all the good it did. Overpriced games outside of sales on DD platforms, Space Marine not released on steamstore in UK, bullying people into buying used games instead of new...

TheKasp:

Ilikemilkshake:

I've never understood this argument. I'm not saying GAME is cheap but Steam is almost always more expensive for both new and old games. Apart from sales that is which doesn't really count.

Anyway I hope this means independent stores stand more of a chance, and new more competitive chains opens up.. that's really the only good thing i can see coming from this closure.

You know what's keeping Steam prices high? Retailer like GAME which for one don't give a FUCK about PC gamers but still refuse to shelf any title if you can get a better deal online. Yup, I'm gonna shed a tear for this retailer chain for all the good it did. Overpriced games outside of sales on DD platforms, Space Marine not released on steamstore in UK, bullying people into buying used games instead of new...

I'm sorry but i don't understand what you're trying to say :S

TheKasp:

j-e-f-f-e-r-s:

So I guess the impending loss of thousands of jobs, as well as the only major gaming presence on the high street, is nothing to get upset about.

I really don't get this "Me and mine" attitude games seem to show. Steam and Amazon are great, but that doesn't mean everything else should go hang.

If it does close, my thoughts go out to all the staff. Hope they manage to find jobs elsewhere, because lord knows the dole queue isn't anywhere you want to be right now.

Well... Yeah. No retailer is better than a retailer who doesn't give a rats ass about its customers and the industry he is distributing for.

Erm... no it isn't. Think about what you've typed there.

Regardless of your problems with GAME, it is still better for gamers as a whole to have a dedicated retailer out there on the high street, continuing to push games in a visible way. The music industry lost this benefit years ago, and has only suffered as a result. If GAME disappears for good, then the only brick-and-mortar establishments selling games will be supermarkets and multi-purpose shops such as Sainsburies and HMV. And even the likes of HMV aren't doing all that hot right now.

Amazon is great, but you can't ask a clerk at Amazon what the latest releases are, that they've been playing, or what would make a great present for someone who's only just gotten into gaming.

http://www.eurogamer.net/articles/2012-03-20-rumoured-game-rescue-package-outlined

Thoughts? Looks like Gamestation is getting thrown under the bus.

ciancon:

Lunar Templar:
well, i guess it's game over then

YEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!

(we all knew it was coming)

ehm anyways, itll be sad too see them go, i remember buying from them when i was younger and well even they will be missed.

Doclector:
It shall be a sad day for people who like to buy games IRL.

Seriously, this is kinda sad. I have a GAME reward card. I'm not much older than it is. That's how long GAME and gamestation have been a part of my life.

This leaves us with HMV, blockbuster and supermarkets for new games.

F***. Guess it's finally time I move with the times and get me some online shopping accounts...

Most of the young scrubs seem to have never depended on old fashioned retailers. They had steam, so it is harder for them to appreciate how convenient game stores were at the time. It always did right by me, and I'll miss it if it closes.

j-e-f-f-e-r-s:

CardinalPiggles:
GAME is pretty bad anyway, over priced garbage. As long as Steam and Amazon stay afloat, I'll be happy.

So I guess the impending loss of thousands of jobs, as well as the only major gaming presence on the high street, is nothing to get upset about.

I really don't get this "Me and mine" attitude games seem to show. Steam and Amazon are great, but that doesn't mean everything else should go hang.

If it does close, my thoughts go out to all the staff. Hope they manage to find jobs elsewhere, because lord knows the dole queue isn't anywhere you want to be right now.

Yep, pretty much this. Looks like we'll be losing Gamestation whatever happens, so that's one store closed in my town. Worst case scenario, we'll lose both. Even without getting onto the subject of why it's good and even necessary for gaming to have specialist retailers on the high street, losing stores and gaining unemployed people isn't what you want when the dole queue is seemingly endless and there's no work available.

VonKlaw:
http://www.eurogamer.net/articles/2012-03-20-rumoured-game-rescue-package-outlined

Thoughts? Looks like Gamestation is getting thrown under the bus.

That's fucking stupid. If it was me I'd scrap the GAME brand and just stick to Gamestation.

Hazy992:

VonKlaw:
http://www.eurogamer.net/articles/2012-03-20-rumoured-game-rescue-package-outlined

Thoughts? Looks like Gamestation is getting thrown under the bus.

That's fucking stupid. If it was me I'd scrap the GAME brand and just stick to Gamestation.

True, but GAME seems to attract clueless relatives (e.g. grand parents) who buy crap without realising what its actually worth rather than "real" gamers who are more likely to realise stuff is probably cheaper online.

VonKlaw:

Hazy992:

VonKlaw:
http://www.eurogamer.net/articles/2012-03-20-rumoured-game-rescue-package-outlined

Thoughts? Looks like Gamestation is getting thrown under the bus.

That's fucking stupid. If it was me I'd scrap the GAME brand and just stick to Gamestation.

True, but GAME seems to attract clueless relatives (e.g. grand parents) who buy crap without realising what its actually worth rather than "real" gamers who are more likely to realise stuff is probably cheaper online.

I guess so, but I'm just speaking from personal experience here. Everyone I know who plays games buys from Gamestation; I don't know anyone who buys from GAME. The Gamestation in my town is bigger than the GAME and usually seems busier.

EDIT: When I say 'buys from Gamestation' I don't mean exclusively. It's just people I know buy from Gamestation or CEX if they're buying from a 'brick and mortar' store.

j-e-f-f-e-r-s:

CardinalPiggles:
GAME is pretty bad anyway, over priced garbage. As long as Steam and Amazon stay afloat, I'll be happy.

So I guess the impending loss of thousands of jobs, as well as the only major gaming presence on the high street, is nothing to get upset about.

I really don't get this "Me and mine" attitude games seem to show. Steam and Amazon are great, but that doesn't mean everything else should go hang.

If it does close, my thoughts go out to all the staff. Hope they manage to find jobs elsewhere, because lord knows the dole queue isn't anywhere you want to be right now.

You're absolutely right, I'm a proper cunt for giving a shit about all those people. God I'm glad there is always someone there to tell me how very wrong I always am.

Crap, :( I worked at GAME for 4 1/2 years and it'll be a sad day if it does shut on Monday. Thank god I jumped ship and now have a new job, but I'll be gutted for my colleagues if this does happen.

The HMV in my town has shut, too. Guess I'm going to supermarkets or Amazon for future purchases.

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