Fri, Jan 28, 2011 | 10:35 GMT
GAME confirms closure of 19 stores
UK retailer GAME’s said that 19 of its stores have closed as part of slimming-down measure announced last April, GI reports.
The chain will close 85 shops across a three-year period, as well as dropping 25 outlets that were installed in Debenhams outlets.
“You will remember that last April we announced plans to close 85 UK stores over three years, to reach 550 by the end of 2013,” said regional MD Martyn Gibbs in a statement.
“This was part of a detailed review to ensure that our stores are in the right locations for our customers, and we have already started to move some locations accordingly.
“Since the statement in April 2010, we have opened or relocated 13 stores and closed 19, as well as 25 Debenhams concessions. This year we will continue with this strategy and we have now informed 19 stores that we are proposing closure in the coming weeks.
“This is never easy news to announce and I am fully aware of the impact of these decisions on our people. We are fully committed to finding alternative roles for those who are potentially impacted by the decisions.”
The group announced plunging profits in April 2010.
4 comments
#1
Blerk
28/01/11, 10:41 am
After all their acquisitions there are loads of places that have more than one store now. I can kind of see where the cuts are going to happen.
#2
freedoms_stain
28/01/11, 11:36 am
They should sell off the Gamestation franchise so we’ve got some proper competition at retail.
#3
AHA-Lambda
28/01/11, 11:39 am
@1 – yep heck in glasgow there is 3 game stores within a walk of each other and that not even counting the gamestation stores owned by the same company
#4
freedoms_stain
28/01/11, 11:58 am
@3, it used to be worse when Borders was still open. Sauchiehall St, Buchanan Galleries, Borders, and Debenhams, plus an additional 2 Gamestation (one of which is practically opposite the Sauchiehall St Game if memory servers)