Tag Archives: GAME

Ian Shepherd attacks media GAME coverage

GAME CEO Ian Shepherd has attacked the media for its reporting of the GAME situation. The comments come to light as GAME and Gamestation employees wait for official confirmation of the retailer’s going into administration – and the store closures and job losses that will result. MCV has this morning …

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GAME to enter administration, fails to find buyer

As expected, retailer GAME will this morning enter administration. Furthermore, Sky News presenter Joel Hills has claimed via Twitter that no buyer has been found for the chain. The news sadly points to a store closure programme, with staff likely to be told today of which branches are to close …

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RBS GAME bid gathers press momentum as store closures loom

Two more national newspapers have reported that The Royal Bank of Scotland is leading a consortium of bidders interested in acquiring The GAME Group. Yesterday MCV reported that a Sunday Times story claiming that the state-owned bank was interested in saving GAME from collapse. This morning The Telegraph reports that …

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Report: GAME talks collapse, administration sell-off imminent

Talks to save GAME have reportedly collapsed, with reports suggesting that it will enter administration tomorrow when an immediate sell-off of assets will begin. The Express reports that the move will trigger a sale of GAME’s most valuable assets in what it describes as the biggest retail failure since Woolworths”. …

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Royal Bank of Scotland tables GAME bid, papers claim

It appears to be a day of conflicting newspaper reports, with The Sunday Times reporting that RBS has offered to buy GAME out of administration. It follows a report in The Express, which says the deal to save GAME has collapsed. The Sunday Times writes that the state-owned bank is …

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‘One clear front runner’ for GAME

There is one clear front runner to buy GAME as part of a post-pack administration, sources close to the administrators have told MCV. GAME is not officially in administration yet. The High Street chain will name Mike Jervis and Stuart Maddison of PWC as their administrators. According to the Financial …

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GAME Australia seeking its own funding

With the UK and Spanish GAME operation looking for investors / buyers to keep the chain alive, Australia is taking similar steps. The chain’s 600+ Australian employees have been in a period of uncertainty since GAME’s troubles in the UK began, so management locally is making inroads towards having local …

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How is GameStop surviving the world that’s killing GAME?

It’s a question many have asked over the last 18 months – and today GameStop offered some insight. GameStop has managed to make billions in revenue every quarter for the last three years plus – with its latest figures showing just a 3% quarterly downtown. While as we know GAME …

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ANALYSIS: Why did we lose GAME?

Tenshi Consulting’s Ian Baverstock explores what led to GAME’s decline, how it could have been averted and how the troubled specialist’s plight compares to that of similar retailers. This artcile was originally published on Tenshi Consulting’s website. GAME has announced their intention to appoint administrators. GAME Group (GMG.L) has spectacularly …

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GameStop "focused entirely on competing digitally in the UK"

Speaking to investors following the publication of its most recent fiscal results, GameStop has seemingly ruled out the chance of a GAME takeover in the UK. Having closed all of our UK stores, we are focused entirely on competing digitally in the UK," GameStop International’s executive VP Mike Mauler stated. …

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