It’s been another sad week for the independant sector as tough trading conditions have claimed two high profile casualties.
Although said to be only weeks away from survival, owner Kevin Norwood has been forced to put indie chain The Software Store into administration. Early last month it seemed as if the MCV Indie Retailer of the Year was set to pull through – but market pressures have proved fatal.
“I would like to say sorry to all the people we have let down who showed us tremendous support over the years,” Norwood explained to MCV. “Fortunately we have been able to sell five of our seven stores to other companies. What hope is there when I can buy titles cheaper from competitors over the road than from official distributors?”
Distributors have also confirmed that independent chain Gamebase, based in and around Manchester, has filed for insolvency.
Meanwhile, mail order company Intermediates, which trades as Special Reserve, has closed a number of stores and called in consultant KSA in a last attempt to stabilise the business.