277 GAME stores shuttered, 40% of workforce let go, gift cards suspended
The remaining 333 stores will stay open and try to continue business as normal while administrator Price Waterhouse Cooper continues to seek a willing investor. If a buyer can't be found, more closures will occur.
Beyond shuttered storefronts, GAME has also implemented a list of policy changes that will impact customers. The sketchiest changes include the suspension of gift cards and GAME reward cards. The company will also no longer take pre-orders and "no refunds can be given for any pre-order deposits which have been paid."
Posted:
Source: http://www.joystiq.com/2012/03/26/277-game-stores-shuttered-40-of-workforce-let-go-gift-cards-s/#comments
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Comments
TobyCSPosted:
This is random, but the Game from the image looks like the one in Ard's Shopping Centre :P
BPMPosted:
This was bi*ch when I found out that the game store were I live was closed and they had so much stock left.
KatsumiPosted:
Im not really suppriesed seeming that just about everyone buys there games from EB or Ebay. I used to buy my stuff from game and still do most of the time, this is because i can get better deals there and i know the manager at my local store. I wound really hate to see GAME be shut down permanently
I have not seen any stores shut down in Australia as of yet.. i want to work in some sort of gaming store next year (when im 16) but at this rate game is out of the question.
I have not seen any stores shut down in Australia as of yet.. i want to work in some sort of gaming store next year (when im 16) but at this rate game is out of the question.
FoxFMPosted:
Time to go on a 100 Shopping Spree in GAME. Get everything I can before it's shut and resell for profit. Roll on Australia.
paantmaPosted:
paantma That's ashame. First Zavvi now Game. Looks like it's Gamestation to go next.
Ohh wait... just after I typed this I went to the Gamestation website, to find out their part of the Game Group. Looks like Amazon's gonna be the best way to get games now :(
-Robin-Posted:
It really sucks for the customers that aren't able to use the Gift Cards or Pre-Order anymore. Best of Luck to the future of the Company!
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