UK Retailer GAME saved - for now...
The deal will keep open 333 stores and save 3,100 jobs.
Half a dozen banks, led by Royal Bank of Scotland, who are owed £85m, have approved the takeover, says BBC business editor Robert Peston.
Last Monday the video game retailer went into administration, with 277 stores closing down immediately.
Administrators PricewaterhouseCoopers (PwC) also announced 2,104 staff would be made redundant but the remaining 333 stores were kept open as they searched for a buyer for the business.
The retailer had suffered from high fixed costs and an ambitious international expansion.
Its business has been hit by competition from online retailers.
Posted:
Source: http://www.bbc.co.uk/news/business-17575500
Related Articles
Comments
TheCheeseyNINJAPosted:
iLewis Glad they are not gone, I have like $300 on my cards from there. Time to spend it in the sales.
you cant spend gift cards at game anymore!
but you should keep it because game said to me that they could be in use at a later date
ZuulPosted:
Thank god it hasn't gone (for now). It's the only good game shop in my area that has good deals.
iLewisPosted:
Glad they are not gone, I have like $300 on my cards from there. Time to spend it in the sales.
-Robin-Posted:
glad to see they are back. hope they recover and stay away from a situation like this again.
johnboy89Posted:
im glad they haven't gone bust it a very good store they have everything you need for gaming i go in allot and see what offers are on and buy allot of games it one of the cheapest places for games and all the staff are helpful there the only place that do open night for top rated games like halo call of duty and over games good luck to game hope all goes well.
kelly2000Posted:
My bro works in game in N.I but the deal has not been accepted and if it dose be accepted game will be bought for 1.00. This is really bad news for some workers as some people will loose there jobs not sure about my bro as there shop is like second or something.
Latest Downloads
- 01. Mass Effect Legendary Edition: Save Game (Female, earthling, war hero)(0)
- 02. My Summer Car: SaveGame (Satsuma stock, 10500 marks)(0)
- 03. My Summer Car: SaveGame (Satsuma rally, 12k marks, storyline untouched)(0)
- 04. My Summer Car: SaveGame (Stock fully assembled Satsuma, storyline 0%)(0)
- 05. Dying Light: SaveGame (New Game, Nightmare Mode)(2)
- 06. Mass Effect Legendary Edition: Save Game (Male, wanderer, war hero, paragon)(0)
- 07. Dying Light: SaveGame (Storyline 100%, maximum resources)(1)
- 08. My Summer Car: SaveGame (GT Satsuma, perfect save)(1)
- 09. [US] Resident Evil HD Game Save(15)
- 10. [US] Resident Evil HD [CQC FTW](6)
- 11. Dying Light: SaveGame (I'm a Zombie 50LvL)(2)
- 12. BROK The InvestiGator: SaveGame (The game done 100%)(1)
- 13. My Summer Car: SaveGame (White Satsuma, straight from the factory)(0)
- 14. LEGO Pirates of the Caribbean: SaveGame (The Game done 53%)(2)
- 15. Gears Tactics: SaveGame (The game done 100%)(0)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(197)
- 02. Russian Pinocchio Quick Trophy Guide(183)
- 03. Venatrix Quick Trophy & Achievement Guide(154)
- 04. Call of the Sea 100% Platinum Walkthrough(227)
- 05. Wire Lips 100% Platinum Walkthrough(190)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(219)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(171)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(210)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(180)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(190)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(207)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(193)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(177)
- 14. Remoteness 100% All Trophies Walkthrough(182)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(212)
"UK Retailer GAME saved - for now..." :: Login/Create an Account :: 14 comments