Game into Administration



March 23, 2012 - administrator - Uncategorized

Highstreet retailer Game Group has said it intends to file for administration.

Dwindling sales in the highstreet and overexpansion have seen shares fall from 62p a year ago to 2.39p on Tuesday. Games core business has suffered greatly at the hands of online retailers with bargain deals on games and consoles eating away at Game’s turnover.

Piers Harding-Rolls, head of games at IHS Screen Digest has said ‘there was still a place for a large specialist games retailer on the high street, with 70% of games content in the UK still in the form of physical media’.

With Suppliers like Electronic Arts failing to supply Game, it is hard to predict the future of Game Group. We wish them luck.

 

No comments yet

Leave a comment..

Your email address will not be published.

LATEST NEWS

30 days to go….

With only 30 days left until Windows XP and Office 2003 support ends, it is essential that you understand the risk if you don't take action shortly. On the 8th April, Microsoft will end...

Read More

Goodbye Security Essentials

Starting August 2014, Microsoft will no longer support their free security protection software 'Microsoft Security Essentials' for Windows XP. Pinning their hopes that all Windows XP users...

Read More

Stop In-App Purchases on your Apple device

Have you ever found an Invoice for an Apple purchase you didn't even make? Heard about Apple issuing  refunds to parents for purchases their children have made? If so then you need...

Read More