MCV/DEVELOP News, events, research and jobs from the games industry
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 …
Read More »High Street lost 14 shops a day in 2011
5,268 shops were closed on the High Street last year, PWC and the Local Data Company have revealed. However, 5,094 shops were opened, leaving a difference of 174 fewer stores. It is the first time since the height of the recession that more shops were shut than opened. London suffered …
Read More »GAME’s banks hires PwC to conduct strategic review
GAME’s lenders have asked PwC to assess the firm’s medium and long-term future. The firm will look to understand how much of GAME’s issues are down to structural decline facing games retail and how much is down to the console cycle, reports The Telegraph. GAME is currently working on a …
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