Looks like it’s probably just about over for GAME, one of the high street’s most recognisable icons for gamers. This afternoon trade magazine MCV went live with a follow up story to what we’ve all been hearing for weeks, the emphasis being that administrators are, according to the article, just around the corner, with the guys at the top getting the heads up.
“MCV has learnt that senior members of the GAME management teams have been told to brace for the possibility of administration,” wrote the site’s Ben Parfitt, who has been meticulously following the ongoing story with the company. “Senior staff were told at a meeting with CEO Ian Shepherd earlier this week that the chain has approximately two weeks to turn its fortunes around.”
This, presumably, is where all the sales are coming from.
The worst thing about all this is, as far as we can see, the guys working in the shops simply aren’t being kept up to speed, with forum posters apparently working for the group finding out the latest as the days go on by reading stories on the net and around community sites, rather than through the organisation itself – some are still hopeful for a GameSpot buy-out, and we hope this is the case.
It’s those guys that we feel for, and hope that – if all this does fall apart in a matter of weeks – that they’ll find other employment.