Retail

Shareholders holding out hope that they might yet recoup the value of their losses have received some bad news this afternoon. The GAME Group has today requested its complete removal from the London Stock Exchange. "Further to the announcement of 21 March 2012 and the appointment of PWC LLP as …

While GAME’s recent tumult has dominated the headlines, it’s easy to forget the many other times GAME has surprised, pleased – and occasionally dismayed – the trade. And MCV reported on pretty much all of them.MCV dug through the archive to recall the twists that built a respected retail powerhouse.. …

Martyn Gibbs has returned to GAME as the firm’s new CEO. Gibbs is a popular figure in the trade. He was MD of Gamestation when GAME swooped for the chain in 2007. He has been a key voice at the firm, even announcing the upcoming Gamefest at last year’s video …

Retailer GAME has announced its exit from administration following a successful bid by Comet owners OpCapita. Private investment firm OpCapita has secured a sale of GAME’s UK assets to Baker Acquisitions Limited. Under the terms of the deal Baker has bought the UK arm of GAME Group out of administration …

Investment firm OpCapita WILL be the new owner of the UK GAME stores, according to the Telegraph. A report this evening from the national newspaper says that discussions this weekend has put the firm back in the lead to be the owner of the chain. OpCapital tabled a bid for …

Nearly two thousand former GAME and Gamestation staff in the UK have only discovered today that they will not receive either payment for their notice periods or redundancy. Staff at GAME’s Northern Irish stores were given the same bad news earlier this week. What has irked most for those who …

In a new no-holds-bar advertising campaign, supermarket Tesco has declared itself The Home of Gaming”. The ad, carried by CVG, features a picture of a PS3 controller and carries the following claims: The largest number of gaming stores in the UK”393 stores open at midnight for new game releases”Over 10,000 …

Law firm Thrings LLP has warned GAME customers that they may never be able to redeem any outstanding gift cards they have from the retailer. This is despite the reinstatement of both the GAME Reward Card and Gamestation Elite Card yesterday. "In essence, the administrator cannot honour a liability on …

Buyers of EA’s upcoming SimCity PC game will need a constant internet connection to play it. Developer Maxis also said that players would be able to purchase the SimCity reboot from digital retail stores other than EA Origin. However, those users will still need an Origin account and internet connection …

Despite news this morning that a deal to take GAME out of administration is now very close, a new report suggests OpCapita has not yet given up hope. The Independent reports that OpCapita has tabled a fresh bid to acquire GAME’s remaining 333 UK stores. In addition, it also believes …