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THE BUZZ: U.K. retailer GAME “has two weeks to turn its fortune around,” according to a new report.

According to MCV, senior members of GAME management have been told that administration is a possibility.

The first steps of this is the current firesale that is happening in stores across the country and online. Officially titled a “Spring Clean” event, with the company offering games, hardware and accessories at heavily discounted prices.

EGM’s TAKE: Things just keep getting bleaker for GAME. This is a major sale at an odd time and can only be to drum up business for the failing company. Will GameStop swoop in and make an offer in an attempt to pretty much take over the European market? Really all GAME can hope for is a buyout, unless something drastic happens.

Source: MCV

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About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89

GAME ‘Has Two Weeks to Turn its Fortunes Around’

U.K. retailer GAME "has two weeks to turn its fortune around," according to a new report.

By Matthew Bennett | 03/9/2012 04:04 PM PT

News

THE BUZZ: U.K. retailer GAME “has two weeks to turn its fortune around,” according to a new report.

According to MCV, senior members of GAME management have been told that administration is a possibility.

The first steps of this is the current firesale that is happening in stores across the country and online. Officially titled a “Spring Clean” event, with the company offering games, hardware and accessories at heavily discounted prices.

EGM’s TAKE: Things just keep getting bleaker for GAME. This is a major sale at an odd time and can only be to drum up business for the failing company. Will GameStop swoop in and make an offer in an attempt to pretty much take over the European market? Really all GAME can hope for is a buyout, unless something drastic happens.

Source: MCV

0   POINTS
0   POINTS



About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89