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-   -   Game and Gamestation saved from administration (https://www.thisisbigbrother.com/forums/showthread.php?t=197571)

Patrick 09-03-2012 09:34 PM

Sad times.

Niall 09-03-2012 09:37 PM

Am I the only one who hates GAME or

Kizzy 09-03-2012 09:37 PM

Soon high streets will solely consist of charity shops (due to reduced rents) pawn shops and bright house where those on benefits can buy a 50in telly at 500% interest...

Scarlett. 09-03-2012 09:43 PM

I'm not sad to see them go

1. They treat their staff like ****
2. They treat their suppliers like ****
3. They treat their customers like ****
4. "Oh you want to buy this, would you also like this? Would you also like to preorder Call of Duty Generic Warfare?"
5. They treat developers like **** (Profiting off games while the developers don't see a dime)
6. They treat publishers like ****, then are surprised when the same publishers wont give them a discount when in financial trouble.

Game has had the monopoly on the high street for far too long, it'll be nice to see a new store getting a slice of the action.

Niall 09-03-2012 09:52 PM

Quote:

Originally Posted by Chewy (Post 5007851)
I'm not sad to see them go

1. They treat their staff like ****
2. They treat their suppliers like ****
3. They treat their customers like ****
4. "Oh you want to buy this, would you also like this? Would you also like to preorder Call of Duty Generic Warfare?"
5. They treat developers like **** (Profiting off games while the developers don't see a dime)
6. They treat publishers like ****, then are surprised when the same publishers wont give them a discount when in financial trouble.

Game has had the monopoly on the high street for far too long, it'll be nice to see a new store getting a slice of the action.

:worship:

They overcharge too omfg. :bored:

Iceman 09-03-2012 10:34 PM

Quote:

Originally Posted by Chewy (Post 5007851)
I'm not sad to see them go

1. They treat their staff like ****
2. They treat their suppliers like ****
3. They treat their customers like ****
4. "Oh you want to buy this, would you also like this? Would you also like to preorder Call of Duty Generic Warfare?"
5. They treat developers like **** (Profiting off games while the developers don't see a dime)
6. They treat publishers like ****, then are surprised when the same publishers wont give them a discount when in financial trouble.

Game has had the monopoly on the high street for far too long, it'll be nice to see a new store getting a slice of the action.

I agree, I used to always buy out of game but the one I go to has become a dive.....

Patrick 09-03-2012 10:38 PM

It's just because I'm use to them, I always went there since I was a kid to get my PS2 games and stuff - It's like an end of an era in a way.

Kizzy 09-03-2012 10:42 PM

It is dependant on the staff i prefer one shop to the other in leeds due to the way one treats customers. Feel so sorry for the guys in their as they are so informative and helpful and will soon have no job!
Retail, as a career is finished as far as i can see.

Iceman 09-03-2012 10:50 PM

Quote:

Originally Posted by Patrick (Post 5008058)
It's just because I'm use to them, I always went there since I was a kid to get my PS2 games and stuff - It's like an end of an era in a way.

Yeah but you'll not notice it much after a month or two when the big Virgin Music store closed here I was really pissed about it.....then I forgot about it......time heels all wounds!!!!!!

arista 12-03-2012 10:50 AM

Game - Debated on SkyNewsHD
after the ads

arista 12-03-2012 10:54 AM

The Say Sell the company (600 stores) for a low rate
that stops it going under
and now many more supply deals are not going through
as they know Game could shut down fast.


Its now on all media news

http://www.guardian.co.uk/business/2...hares-collapse


"Game over? Game Group seeks buyer and appeals to suppliers in struggle to stay afloat"

Read more: http://www.dailymail.co.uk/money/mar...#ixzz1ouHlwwQx

Iceman 13-03-2012 12:18 PM

Troubled retailer GAME will not be stocking Resident Evil: Operation Raccoon City or Ninja Gaiden 3, it has been revealed.

Furthermore, Warriors Orochi 3 will not be sold by the UK games retailer.

"Capcom must confirm that the Xbox 360 and PlayStation 3 versions of Resident Evil: Operation Raccoon City... will not be stocked by GAME or Gamestation or on their online stores operating in the UK and Ireland," read a statement issued to Digital Spy.

They previously announced that Street Fighter x Tekken and Asura's Wrath would not be sold by GAME.

Elsewhere, Tecmo Koei Europe said: "[We regret] to announce that upcoming releases Ninja Gaiden 3 and Warriors Orochi 3 for the [Xbox 360 and PlayStation 3] will not be available through GAME and Gamestation retail outlets or online in the UK and Ireland."




It was reported earlier today that GAME could be bought by Comet owner OpCapita after the retailer had put itself up for sale.

The chain recently announced 35 store closures and that it is going to shut sister website gameplay.co.uk.

In addition, GAME's shares plummeted by 90% in 2011, despite £1 billion in annual turnover.

Read Capcom's statement in full:

Quote:

"Further to the recent announcement concerning Street Fighter x Tekken and Asura's Wrath, Capcom must confirm that the Xbox 360 and PlayStation 3 versions of Resident Evil: Operation Raccoon City scheduled for release on Friday March 23, will not be stocked by GAME or Gamestation either in their retail outlets or on their online stores operating in the UK and Ireland.

"Capcom wants to reassure its consumers that this title will be available at a wide variety of retailers across the UK and Ireland. For those consumers who have already placed a deposit to pre-order of Resident Evil Operation Raccoon City then a full refund will be available - please contact your local GAME or Gamestation shop or visit the online stores.

"Resident Evil: Operation Raccoon City is available for pre-order or to purchase on day of release from the following outlets: Blockbusters, HMV, Play.com, Amazon.co.uk, Shopto.net, The Hut and leading independent stockists as well as supermarket chains.

Scarlett. 15-03-2012 11:12 AM

Dozens more publishers have pulled support, most importantly Microsoft themselves

Iceman 15-03-2012 11:27 AM

Has to be it now, when you think they'll announce it?

Iceman 21-03-2012 11:09 AM

Quote:

GAME has filed for administration, it has been confirmed.

Hours after the retailer announced it would be delisted from the London Stock Exchange, the store confirmed that without a suitable buyer it has no choice but to look for an administrator.

However, GAME stores will continue trading while senior staff hold discussions with partners ahead of a possible closure this weekend.

"Further to this morning's announcement of the suspension of trading in shares of GAME Group plc, the board has concluded that its discussions with all stakeholders and other parties have not made sufficient progress in the time available to offer a realistic prospect for a solvent solution for the business," read the statement issued to Digital Spy.

"The board has therefore today filed a notice of intention to appoint an administrator. In the short term the board's intention is that the business will continue to trade and discussions with lenders and third-parties will continue under the protection of the interim moratorium."

Closing its chain of GameStation stores is said to be one of the main avenues GAME Group is exploring to save the retailer.

Comet owner OpCapita is thought to have the money in place to repay GAME Group's debts and a management group ready to restructure the business, but is awaiting approval from the Royal Bank Of Scotland (RBS).

The high street retailer's shares plummeted by 90% in 2011, despite £1 billion in annual turnover
Latest

Shaun 21-03-2012 11:13 AM

:bawling:

Shaun 21-03-2012 11:15 AM

I've personally never had a problem with Game or Gamestation... but then that's probably because I rarely buy outside of the second-hand section. And I have Blockbuster for that so all's well for the timebeing.

edit: except for the inevitable job losses of course :(

Iceman 21-03-2012 11:16 AM

Quote:

Originally Posted by Shaun (Post 5032688)
I've personally never had a problem with Game or Gamestation... but then that's probably because I rarely buy outside of the second-hand section. And I have Blockbuster for that so all's well for the timebeing.

Yeah im kind of the same, have CeX and Gamestop and smyths to get games, I'd still ramble in the odd time just to see if there were any bargains...its still a shame though.

Iceman 21-03-2012 11:17 AM

Quote:

GAME Group has suspended trading on the London Stock Exchange.

GAME's directors see "no equity value left in the Group" after shares fell to 2.39p yesterday afternoon. The decision to delist itself from the London Stock Exchange went into effect from 7.30am today (March 21).

"Further to the announcements of 12 March 2012 and 14 March 2012, the board of GAME has assessed the status of the ongoing and regular discussions between GAME and its lending banks and between its lending banks and a potential third party provider of finance to the business," reads a statement issued by GAME.

"The Board now considers itself to be unable to assess the business's financial position, and is of the opinion that there is no equity value left in the Group. Therefore the Company has requested that the listing of its securities on the Main Market of London Stock Exchange plc be suspended from trading with effect from 7.30am today."
Missed this one this morning too.

Kizzy 21-03-2012 11:20 AM

What a shame...more unemployment :(

Kate! 21-03-2012 11:24 AM

A CeX has just opened recently in town, and there's also HMV as an option, sometimes they actually are cheaper as well. We currently have a Game and Game Station in the indoor shopping arcade so probably next time I go into town both these stores will be closed. Sad really.

Angus 21-03-2012 11:29 AM

Knew it. That's my poor son out of a job again:sad:

Iceman 21-03-2012 11:30 AM

I personally find CeX to be brilliant, if you look you get a great bargain.

Black Dagger 21-03-2012 12:46 PM

I mean it's a shame for employees =(

But I don't think I've bought a game off the high-street in some time, I'l usually just use Ebay/Amazon.

Me. I Am Salman 21-03-2012 02:05 PM

Ahhh man what a fakin joke
I never use Amazon / Ebay cuz I hate em
:(:(


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