GAME management told to prepare for administration 'within weeks'

[xxMATTGxx]

GAME's management have been told to prepare for administration, it has been revealed.

Earlier this week, CEO Ian Shepherd told senior staff that the retail group, which includes GAME and GameStation, has just two weeks to save itself, according to MCV.

There are still hopes that a buyer, such as US chain GameStop, will emerge to take over the chain.

Earlier today, GAME stores across the country initiated a 'fire sale', where certain stock was sold at low prices, a move which is assumed to keep the group afloat for a few more days.

Last week, it emerged that Mass Effect 3 and future EA titles would not be stocked at GAME.

Source: http://www.digitalspy.co.uk/gaming/n...hin-weeks.html

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Not good news to be honest.

[Chris]

I read about this earlier today The whole issue with ea hasn't helped, plus the fact that supermarkets now sell all the latest games and at cheaper prices.

[xxMATTGxx]

I watched this last night and someone sent him a question asking about Game and the whole EA thing and also mentions about them closing/whatever. It's quite interesting:

[Zuth]

Not good news at all, I might pop in this week end to see if any sales are on

[jasey]

This is disheartening to read! There aren't any GAME stores where I live now but they are a fond memory of France - distinctly European.

[Jazz]

Thats awful news! I might have to make the most of the good offers while I can lols

[dbgtz]

I hope they don't close, I mean they should really just be less stupid and get rid of gamestation (I mean does anyone seriously go in that shop?). There's a GAME and gamestation around a 2 minute walk from each other which is just completely unnecessary. I also hope they don't get bought out buy Gamestop, I've heard crap things about that company and I'd rather they didn't bring their bad habits over here.

[Ellz]

Aww, bad news. might pop in and see if there are sales where i live

[Oleh]

Damn, I was hoping to get a summer job there as well

[Stephen!]

I imagine their pre-owned games will go for dirt cheap. I doubt there will be any price reductions on recent retail games.