Cliff Rainbird, former buyer and son of founder Tony Rainbird, told MCV: “We’ve tried to sell it on, and we did have an offer. But it fell through at the last minute, so we had no other option but to close.”
Rainbird explained that the business, which has been running since the late ‘80s, is another casualty of the super-competitive retail climate: “The margins have been taken out of games, and the Internet is so competitive it has been very difficult over the last few years. It doesn’t help that the supermarkets have come in selling new releases at £29.99 either.”
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