Analyst questions OpCapita motivations

With a firm offer from OpCapita to acquire GAME Group understood to be on the table, one analyst has questioned the motivations behind the potential deal. Highlighting the fact that HMV is lucky to have decent assets to sell” and suppliers that have rallied around them”, independent analyst Nick Bubb …

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Investors predict stock surge as GAME shares climb

GAME’s share price has begun to rise dramatically with investors sensing a strong recovery over the next 24 hours. Stock is currently trading at 3.20p, an increase of over 50 per cent. It even reached as high as 3.7p in the minutes after the markets opened. Earlier this week the …

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GAME rivals: ‘We will fill the gap’

Rival retailers say they are ready to step up as the credit crisis at GAME Group deepens. But these competitors are not celebrating, with leading outlets fearful of what the loss of their ‘gold-standard market leader’ will mean for the future of UK games retail. Retailers such as ShopTo have …

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Tesco UK boss quits

Richard Brasher, the UK chief executive at Tesco, has stepped down as the market leading retailer struggles to turn around its domestic sales. Britain’s biggest outlet issued its first profit warning in 20 years earlier this year. Tesco’s Group CEO Philip Clark will now take over the running of the …

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GONE: The GAME we once knew is up [ANALYSIS]

Some will say that the image with this OpEd – which also adorns our cover this week – is too much, too soon. But even after a dramatic Wednesday that saw a buyer officially enter the frame and rumours mount that another US firm is sniffing around… I think we …

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House of the Dead 4 PSN hits in April

The House of the Dead 4 is heading for exclusive release next month on PSN, markingthe console debut for the previously arcade-only light gun shooter. Sega’s title is set to get the works according to the Playstation USand Playstation EUblogs. The new version will carry multiplayer, Move compatibility, trophies, a …

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