After two months of worry and rumour, GAME has as of today officially entered administration. PwC remains hopeful that a going concern sale of the business is achievable”, but that will not stop the closure of many stores and the potential loss of thousands of jobs. PwC has not yet …
Read More »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 …
Read More »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 …
Read More »Slight decline in UK games store numbers
There are fewer stores than ever selling games, ERA and Chart-Track says. Last year 6,644 stores sold games, down 1.7 per cent year-on-year. It means since 2007 there are now 1,000 fewer shops selling video games. A reduction in entertainment specialists and electrical retailers are the main reason for the …
Read More »Free South Park episode for Vita owners
Sony has placed a free episode of American cartoon series South Park on the PlayStation store for Vita owners. Currently the 12th, 13th and 14th seasons of the TV series can be downloaded to Sony’s machine, with the first episode of the 12th series (found under the South Park Uncensored …
Read More »New Argos CEO plots radical reinvention
The new boss of Argos says he has been given a clean sheet from Home Retail Chairman Oliver Stocken to embark upon a brand new strategy for the catalogue retailer. And speaking to Bloomberg, John Walden said that he’s open to the idea of potentially using Argos stores in a …
Read More »Zavvi introduces Rewardz loyalty scheme
Consumers who buy from Zavvi.com can now earn loyalty points, giving them money off future purchases. Zavvi has introduced a new Rewardz loyalty scheme, which offers customers points every time they buy a game or other item from the online store. For every 1 a consumer spends on Zavvi.com, they’ll …
Read More »UPDATED: F1 2011 expected on Vita store shortly
MCV has been told that Codemasters racer F1 2011 will belatedly arrive on the PlayStation Vita store shortly. The game was conspicuous by its absence last night when the store went live and has yet to appear on the service. It had been named earlier that day as a launch …
Read More »Amazon ‘in process’ of opening High Street store
Online retailer Amazon is preparing to open its very first bricks and mortar outlet in Seattle, reports suggest. ‘Amazon sources’ say the store could open in a matter of months, selling books, Kindle devices and Amazon exclusives. It’s part of an initiative to test whether opening a chain of stores …
Read More »Sonic the Hedgehog store goes live
Sega has officially launched its full online Sonic the Hedgehog store. The site went live on a test basis last month. It features a range of merchandise including figures, stationary, clothes, posters and DVDs. The range will widen throughout the year, too. It includes a loyalty system, too, which awards …
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