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GAME in Admin?

CRASH_BANG_WALLOP
CRASH_BANG_WALLOP Posts: 661 Forumite
in Debate House Prices & the Economy
Ian Dunt on the Politics.co.uk blog
"The backdrop to Osborne's statement could certainly be better. It may be sunny in London, but Game, the video game and console chain, is reported to have just filed for administration



:eek:
Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
«1345

Comments

  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    why are you shocked by this report? they've been floundering for ages, it was (or is, depending on whether this is true) just a matter of time.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    last time I looked their shares were worth less than a penny.
  • Itismehonest
    Itismehonest Posts: 4,352 Forumite
    Their shares have been suspended pending clarification of their financial situation. Apparently the Board has said there is no equity value left in the Group.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Last week they went to a shade over 3p so some brave souls made a good return because they sold in time - but anyone who tried to follow them and didn't has been hung out to dry.
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Their pre-owned games were more expensive than new versions online, a completely pointless shop.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    Not a surprise in the slightest. An outdated business model.

    EDIT: I'm a PC gamer mainly and they've properly sidelined that part of the business. Hence why Steam, Amazon, Play etc have prospered.
  • Wookster
    Wookster Posts: 3,795 Forumite
    Gamed by Amazon
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    FTBFun wrote: »
    Not a surprise in the slightest. An outdated business model.

    EDIT: I'm a PC gamer mainly and they've properly sidelined that part of the business. Hence why Steam, Amazon, Play etc have prospered.

    Me too, what grips my !!!! is that steam similar prices to GAME. How the hell do they justify that? The vast majority of the time it's cheaper to get a physical copy sent from amazon than it is to download it through steam.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As a gamer I can't remember the last time a bought anything in game.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Joeskeppi wrote: »
    Me too, what grips my !!!! is that steam similar prices to GAME. How the hell do they justify that? The vast majority of the time it's cheaper to get a physical copy sent from amazon than it is to download it through steam.

    I only buy on stream in the sales, the rest are the online retailers, I have found shopto and play to be better than amazon in many cases.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
This discussion has been closed.
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