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Game Group goes into Administration. [UPDATE: It's saved!]


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#1 PhaperPlane

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Posted 21 March 2012 - 04:55 PM

Well folks, it has happened. GAME has called the Administrators and is no longer listed on the stock exchange.
http://www.bbc.co.uk...siness-17455742

I knew they were going bust sooner or later but I didn't expect it to happen so soon. I guess not stocking Mass Effect 3 or Street Fighter X Tekken didn't make things better.

Thoughts everyone?

UPDATE:
It has been saved!
http://www.bbc.co.uk...siness-17578451

Edited by PhaperPlane, 01 April 2012 - 05:51 PM.

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#2 babaz75

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Posted 21 March 2012 - 05:18 PM

another one bites the dust
though, not good for retail price competition ...

#3 Viper139

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Posted 21 March 2012 - 06:31 PM

Such a shame :( to see them go under
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#4 thenexus6

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Posted 21 March 2012 - 07:32 PM

I posted my thought in the other thread, sorry for people losing their jobs but I never liked the store so makes no difference to me.

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#5 Michael Essien

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Posted 21 March 2012 - 11:04 PM

Ahh at least we can get stuff for even cheaper now Muhahahaha!

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#6 mikelolol

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Posted 22 March 2012 - 05:07 AM

a huge shame for all those who are losing jobs. all this means now is I'll have to start preordering stuff online rather than going to the shop on the day!

that said, the stores will remain open for a while so definitely worth trying to nab some bargains, last minute style!

#7 Flowette

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Posted 22 March 2012 - 12:09 PM

a huge shame for all those who are losing jobs. all this means now is I'll have to start preordering stuff online rather than going to the shop on the day!

that said, the stores will remain open for a while so definitely worth trying to nab some bargains, last minute style!

There's two stores in Hull, on in each of the large shopping centres.

The one nearest my office (Princes Quay) shut on Tuesday. I'll check the other (St. Stephens) at lunch, I imagine it's also shut.

#8 Nintendonly

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Posted 22 March 2012 - 01:24 PM

another one bites the dust
though, not good for retail price competition ...


Isn't Europe anti-monopoly?

#9 Flash Harry

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Posted 22 March 2012 - 01:56 PM

Heard their store rent loan is due to run out on Sunday (not sure if thats true). So may mean things are cheaper over the weekend or from Monday. But does not look like a lot of stock left at all in most stores

#10 Flowette

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Posted 22 March 2012 - 04:23 PM

There's two stores in Hull, on in each of the large shopping centres.

The one nearest my office (Princes Quay) shut on Tuesday. I'll check the other (St. Stephens) at lunch, I imagine it's also shut.

Update: the "other" store in Hull is still open, and some titles have markdowns but there's nothing major.

No fire sale as yet, not Oop Norf anyways.

#11 Nate-Dog

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Posted 22 March 2012 - 11:06 PM

From what I read earlier in the week some of the stores outside the UK will remain open on a "survive on your own" basis, I wonder what that means for us in Ireland whether they'll regard this as a UK store on this occasion or not. Guess I might pop in at the weekend and see what's going on.

#12 thenexus6

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Posted 23 March 2012 - 12:48 PM

Just spent my last game reward points before they close. Picked up 400 MS points and Crackdown 2 for £4 which isn't bad. It's funny while I was in-store I overhear the guy working trying to offer reward points - ha not much point people signing up now.

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#13 Nate-Dog

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Posted 24 March 2012 - 09:24 AM

Have the closing-down sales started yet or is that likely to be in a few more days?

#14 TheResistance

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Posted 26 March 2012 - 01:27 PM

I was just about to order with my points. Had £10 worth. Lost 'em now. Not cool.

#15 PhaperPlane

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Posted 26 March 2012 - 01:37 PM

The website is now down for "maintenance" and the administrators (MJA Jervis and SD Maddison) are currently reviewing orders placed. Also, several stores have begun closing.

Milton Keynes has 3 stores under the shopping center. 2 GAME and 1 Gamestation, as of now 1 GAME store has shut.
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#16 Nate-Dog

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Posted 26 March 2012 - 08:42 PM

http://www.invisionc...s-complete.html

Wow, I was only in one of these stores this morning. Probably not closed down just yet but still.

#17 thenexus6

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Posted 27 March 2012 - 06:41 PM

Local Gamestation has been closed, GAME is still open though.

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#18 mrcraggle

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Posted 27 March 2012 - 09:26 PM

I hated GAME for their business practises. I wanted to see them compete with the super markets and online retailers but they always charged more than everyone else. If there was any competition they would just buy them up. While Gamestation still operated under that name, it was identical for prices whereas Gamestation were very competitive on prices (especially trade-ins) before GAME took them over. I'm surprised they weren't inspected by the EU but I guess you actually have to be making money for that to happen.

#19 Nate-Dog

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Posted 27 March 2012 - 10:01 PM

http://www.eurogamer...-game-collapsed

More of an idea why GAME are going under. Administrators put the blame on their "ambitious" overseas projects and expectations and the fact they have too many stores too close to each other. Not a surprise here. The only stores they have in the capital here in Ireland are just a few streets away, it's probably worse in big UK cities I can imagine.

#20 GhostyChrimbo

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Posted 28 March 2012 - 10:17 AM

The gamestation in Wigan has shut down but game is still open. I went to the gamestation in Chorley as I still have £20 reward points to spend. They wouldn't accept it as they have gone into administration. Hopefully I can use it online.

#21 babaz75

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Posted 28 March 2012 - 04:04 PM

Isn't Europe anti-monopoly?


of course it is (as it should)
sorry, but cannot grasp your comment...

#22 thenexus6

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Posted 28 March 2012 - 07:38 PM

I wouldn't be too sure.. the website is currently down along with the GAME one. Don't think they'll be back online.

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#23 Nate-Dog

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Posted 31 March 2012 - 09:56 AM

GAME and Gamestation websites are back up.

#24 thenexus6

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Posted 31 March 2012 - 08:53 PM

I ordered something from GAME.co.uk 8 days ago and still nothing has arrived... it was marked as shipped the day after I placed the order. I have never ordered from there before so I wondered if their posting is a little slow or what?

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I'm going to let you in on a little secret. Every day, once a day, give yourself a present. Don't plan it. Don't wait for it. Just let it happen. It could be a new shirt at the men's store, a catnap in your office chair, or two cups of good, hot black coffee.
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#25 Nate-Dog

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Posted 31 March 2012 - 09:17 PM

I wouldn't count on getting it to be honest. I ordered a headset from them around 2 weeks before they took the site down and then was told around a week after I ordered it that they cancelled it and they didn't give me any reason for it.

I contacted them about it and they told me it was out of stock, even though I ordered it at 9AM that morning and even at night in the same day it was still in stock, AND at the weekend (since I had the item on my stock-update list) I got an email saying they had more in. They told me later it was a "glitch in the system" that it was listed as in-stock but yeah, I'm not accepting that excuse. I never ordered with them before either but have dealt with them and their customer service enough times to be sick of them.

#26 mikelolol

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Posted 01 April 2012 - 12:42 AM

MCV posted late this evening something to do with the GAME situation, possibly someone has bailed them out or something? Basically said a report would be up tomorrow/today (Sunday) with more information. They've had great coverage thusfar so would recommend finding them on Twitter or going to their website.

Also: I've ordered stuff from GAME before and it's never been a hassle free experience, my favourite however of all time...

Ordered a Xbox WI-FI adapter for collect in store thinking I could walk into town and grab it and save myself some cash (£42 online, £60 in store). Got to town to find out it doesn't work like that, that the company sends the item to the store (even though they obviously had it in) and would inform when delivered. Waited a week, no word, thought they were taking the piss. Went into the store and asked about it, said it came days ago BUT they couldn't give it to me without a print out of an email I hadn't received to say it had been received by the store. After giving 2 forms of ID (student card/driving license) and telling the manager what was in the package (WHICH HE OPENED UP TO CHECK) he finally gave it to me. What a load of rubbish I thought.

Good luck anyone who ordered any of their cheap stuff, I stayed away for this exact reason. Just glad I didn't get wolled on my poings/reward cards/trade in card.

#27 B00mer182

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Posted 01 April 2012 - 08:08 AM

http://www.bbc.co.uk...siness-17575500

#28 thenexus6

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Posted 01 April 2012 - 11:44 AM

I will wait out until monday then will contact them about my order. They had no problem taking the money from my account straight away though.

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I'm going to let you in on a little secret. Every day, once a day, give yourself a present. Don't plan it. Don't wait for it. Just let it happen. It could be a new shirt at the men's store, a catnap in your office chair, or two cups of good, hot black coffee.
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#29 cmb00

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Posted 01 April 2012 - 09:39 PM

if the private group that purchased them are like the ones over here is the usa. They will rip all the profits out of it then sell off its scraps. I have seen it so many times in the usa that its not even funny. I hope they are not like that in europe but greed seems to rule the world these days.

#30 thenexus6

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Posted 02 April 2012 - 10:07 AM

My game arrived this morning, it was delivered to a house down the road 4 days ago, so I guess it was sent back or the guy just dropped it here personally.

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I'm going to let you in on a little secret. Every day, once a day, give yourself a present. Don't plan it. Don't wait for it. Just let it happen. It could be a new shirt at the men's store, a catnap in your office chair, or two cups of good, hot black coffee.
https://twitter.com/saunderscowie