XI
you are not logged in
News

GAME Management "Told To Brace For The Possibility Of Administration"

Fingers crossed for the guys.

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.

Read more: #
61 Comments
  1. Taylor Made
    Member
    Since: Oct 2011

    feel sorry for the guys who work there for real, its such a shame its coming to this especially at these times where the economy is struggling and jobs are a pain to find.

    I hope someone buys GAME, what happened with gamestop being interested

    Comment posted on 09/03/2012 at 17:11.
    • manicminer
      Banned
      Since: Feb 2012

      This comment is hidden.

      Comment posted on 09/03/2012 at 19:41.
      • DirtyHabit
        Member
        Since: Forever

        Yeah. People with wives, kids, lives, mortgages. F**k ‘em. Lets hope they all end up on the dole. With a bit of luck one or two might top themselves.

        nob.

        Comment posted on 09/03/2012 at 20:16.
      • Crocadillian
        Member
        Since: Feb 2011

        All i can think of when you say that is, “Their fault for getting a wife, kids, car and mortgage” XD

        Comment posted on 10/03/2012 at 00:50.
      • DirtyHabit
        Member
        Since: Forever

        Sigh

        Comment posted on 10/03/2012 at 08:34.
      • manicminer
        Banned
        Since: Feb 2012

        This comment is hidden.

        Comment posted on 10/03/2012 at 13:38.
      • colmshan1990
        Member
        Since: Apr 2009

        Really?
        You mean marketing, present in every (successful) company under the sun, right?
        No crime in marketing your product, and no crime in Game passing the marketing on.
        It’s not like they’ll refuse to sell you a PS3 if you ask for one instead of an xbox, is it?

        Comment posted on 10/03/2012 at 22:26.
      • SH Number 7
        Member
        Since: May 2011

        Thanks to the people being sympathetic to the staff members at Game and Gamestation, I work at Gamestation, I hope that the administration gets us brought out, I never liked working under Game any way, I feel Gamestation has been loosing what made it unique and a nice place to shop/work, since they took over.
        Manlcmlner you are a bit of a cock really aren’t you as well. I don’t know what your local Game is like (and as I said I never liked Game any way) but it’s not like there is some company rule that says we have to sell Microsoft goods more than any other console, but most the staff and Game and Gamestation are Xbox players, myself included, every one in my store has either owned a PS3 and got rid of it or kept both a PS3 and Xbox. And we will not sell one over the other, unless asked for personal opinion.

        Luckily for me I have 2 jobs, working at a bar, but that’s not going to get my rent paid, but I feel worse for my ASM who has been laid off from the last 3 companies he’s worked for, and has a kid.

        Comment posted on 11/03/2012 at 18:03.
      • manicminer
        Banned
        Since: Feb 2012

        This comment is hidden.

        Comment posted on 11/03/2012 at 18:37.
      • SH Number 7
        Member
        Since: May 2011

        So that one guy might of been an idiot, but you didn’t speak up about it? And you treat an entire company because of one poor employee?

        Comment posted on 11/03/2012 at 20:49.
      • The Lone Steven
        Never heard of him.
        Since: May 2010

        Just because you recieved crap serivce from 1 person doesn’t mean the entire company is favoring a console. If MS was bribing them to push the 360, then i think they wouldn’t be in danger of closing down.

        @minilipscombe, I hope you won’t end up losing your job. :S

        Comment posted on 12/03/2012 at 10:45.
      • SH Number 7
        Member
        Since: May 2011

        Yeah, we are actually allowed to borrow PS3s to try and get the staff more into the console, probably the only thing that I liked that Game have brought in (even though you have to jump through loads of hoops to actually borrow one)

        Thank you Steven, I’m keep my eyes peeled on here as the company hasn’t told us anything, luckily I have an other job so that will help for a bit hopefully until I can get a new job, feel more sorry for the other staff and my friends that will be demolished by this.

        Comment posted on 12/03/2012 at 11:43.
  2. tonycawley
    Pint! Pint!
    Since: Feb 2009

    More proof, must get this £100 store credit spent. Can’t wait til payday in 3 weeks, looks like that’ll be too late!

    This isn’t the sort of thing they can turn around in 2 weeks, the income from a big sale is a temporary fix. Their whole business model is broken, and to fix that would take months.

    Comment posted on 09/03/2012 at 17:16.
    • tonycawley
      Pint! Pint!
      Since: Feb 2009

      I meant can’t wait til payday to put it towards a vita.

      Comment posted on 09/03/2012 at 17:17.
      • Mike
        Member
        Since: Oct 2008

        Cash it in ASAP – time really is of the essence by the looks of it

        Comment posted on 09/03/2012 at 17:18.
      • Forrest_01
        Member
        Since: Jun 2009

        Yeah, if nothing else tony, use it online.

        Even if it is stuff you don’t really need, it’s better to have used it than not to have it at all.

        Comment posted on 09/03/2012 at 17:20.
      • Mike
        Member
        Since: Oct 2008

        Can’t use credit online unfortunately. Another brilliant idea by the company!

        Comment posted on 09/03/2012 at 17:21.
      • Forrest_01
        Member
        Since: Jun 2009

        Sorry, i thought he was referring to credit in reward points (which i didn’t realise you could redeem on line until the other day).

        In that case Tony, get yourself down to a store ASAP! :)

        Comment posted on 09/03/2012 at 17:46.
      • kjkg
        Member
        Since: Apr 2010

        I think Teflon mentioned on twitter that they are allowing credit card things to be used online now. Check it just incase.

        Comment posted on 09/03/2012 at 17:54.
      • teflon
        Community Team
        Since: May 2009

        Well. Reward points. Not a clue about store credit.

        Comment posted on 09/03/2012 at 18:03.
      • tonycawley
        Pint! Pint!
        Since: Feb 2009

        Thanks guys, I went to game on the way home from work, got £50 ps store credit and grand slam tennis which came to £80. Was surprised to see grand slam being a new ea game, thought they weren’t stocking them?

        Anyway used £50 to download mass effect 3 so chuffed with that, going halves with my bro. Seems its all worked out well in the end. Still have around £20 on the gift card but I can deal with losing that, will have a rummage over weekend in preowned sale.

        Also, gift cards cannot be used in their online store. I’d own a vita if you could but I refuse to get ripped off in-store when the same company offers much better deals in the online marketplace.

        Comment posted on 09/03/2012 at 22:11.
  3. Mike
    Member
    Since: Oct 2008

    Looks like it could be GAME, Set and Match ;)

    Hope they can turn it around or a buy out occurs. Looks like my flatmate might be out of a job soon :(

    Comment posted on 09/03/2012 at 17:18.
    • hazelam
      Member
      Since: Feb 2009
      Comment posted on 09/03/2012 at 17:32.
      • Crocadillian
        Member
        Since: Feb 2011

        Wow, that’s a really bad kind of corny.

        Comment posted on 09/03/2012 at 18:08.
      • Mike
        Member
        Since: Oct 2008

        Haha, definitely could be the next Horatio. Picture me saying the above sentence whilst putting on my shades :P

        Comment posted on 09/03/2012 at 18:25.
  4. philbert8
    The Frankie Boyle Of TSA
    Since: Sep 2010

    This is very distressing, one of the last safe havens for married men disappearing off the high street.

    Comment posted on 09/03/2012 at 17:23.
    • Mike
      Member
      Since: Oct 2008

      There’s always HMV, for however long that lasts too lol

      Comment posted on 09/03/2012 at 17:24.
      • Mickey2010
        Member
        Since: Jan 2010

        My brother is a manager at HMV and he said he was told his branch is fine for a few more years went in for Mass Effect today the sold out within the first 3 hours,same with street fighter X Teken

        Comment posted on 09/03/2012 at 17:47.
      • Mike
        Member
        Since: Oct 2008

        It seems that HMV seem to okay for now then. It was definitely choppy waters for them a bit back. They sold off one of their music arm of the company or something didn’t they to try and stabilise themselves?

        Comment posted on 09/03/2012 at 18:42.
      • Mickey2010
        Member
        Since: Jan 2010

        yeah my brother was told 2 years back there was a goodchance his branch could of been closed,but when i asked why HMV arein a better place then they were a year ago he said in his branch it was the huge sales increases of blu rays and pre owned games

        Comment posted on 09/03/2012 at 19:36.
  5. cc_star
    Team TSA: Writer
    Since: Forever

    Administration could be just what is needed so that it survives.

    It obviously is going to continue limping along like it is, if administrators are called the first people for the chop should be most of the decision makers over the past 5 or so years.

    It’s been badly managed for a while, good management would have constantly refined their customer experience & store model, instead they rode the popularity of the Wii & did nothing with the money.

    Administration can be a good thing for a company, although not for everyone in it and especially not for anyone they owe money to or haven’t paid for stock.

    Administrators will probably cut limbs off to survive, like international divisions, closing down an unsustainable number of stores & their associated leases, costs & staff… Then once all this nastiness is out the way what’s left will essentially be the good bits & will probably be a bargain for someone & the name & some jobs will live on free of the shackles of debt… A bad time to be owed money by GAME though as there’s probably a good chance you aren’t going to see it.

    Comment posted on 09/03/2012 at 17:23.
    • Mike
      Member
      Since: Oct 2008

      At least it’ll help them get out of some of their store tenancies – cut the stores in each area down to 1 and basically streamline the whole company if possible.

      Although a good chance for them just to sell all of the going concerns and shut up shop completely.

      Comment posted on 09/03/2012 at 17:27.
    • tammytastic
      Member
      Since: Oct 2010

      Unfortunately very few firms come out of Administration. When this happens any money owed to HMRC, the staff and significantly the Administrators themselves is a priority and the sad fact is High Street retailing is dying. Game might live on as a web store (see Zavvi, Woolworths etc) but with many software companies not dealing with them anyway they’re sadly done for.

      Comment posted on 09/03/2012 at 18:13.
  6. Mickey2010
    Member
    Since: Jan 2010

    So what would this mean for Gamestation?

    Comment posted on 09/03/2012 at 17:25.
    • Mike
      Member
      Since: Oct 2008

      Same fate for the whole company unfortunately. I hope Gamestation gets sold if GAME Group go completely kaput.

      Comment posted on 09/03/2012 at 17:28.
      • Mickey2010
        Member
        Since: Jan 2010

        have over £90 in credit notes think a trip to gamestation is in order! shame as i like gamestation in every store i been in they have been friendly and have some great deals

        Comment posted on 09/03/2012 at 17:34.
  7. hazelam
    Member
    Since: Feb 2009

    i can think of a few companies in this industry i’d rather see go under than Game.

    Comment posted on 09/03/2012 at 17:26.
    • Mickey2010
      Member
      Since: Jan 2010

      Grainger Games hate that store

      Comment posted on 09/03/2012 at 17:48.
      • Mike
        Member
        Since: Oct 2008

        They have had some disastrous PR but they are a local firm to me so don’t want them to go under even if their stores do stink to high heaven lol

        Comment posted on 09/03/2012 at 18:27.
    • hazelam
      Member
      Since: Feb 2009

      i was thinking more of publishers.
      particularly those known by their acronyms. ^_^

      Comment posted on 09/03/2012 at 19:21.
  8. gazo69
    Member
    Since: Forever

    Too little too late, they should have reacted a long time ago.

    Sad for the people losing their jobs!

    Comment posted on 09/03/2012 at 18:04.
  9. leon
    Member
    Since: Nov 2010

    Used my reward points the other day to get PSN credit as this was going to happen

    Comment posted on 09/03/2012 at 18:19.
  10. sparkyscrum
    Member
    Since: May 2011

    Same for the staff. Using my points, pre-order for 2 games (one of which Game isn’t stocking even in Central London) and that 20% off a game, I walked out with. Brand new Unit 13 for £17 today!

    Comment posted on 09/03/2012 at 18:19.
    • sparkyscrum
      Member
      Since: May 2011

      Shame not same. Grrrrrrr iPad is liking to change correctly spelt words lately…..

      Comment posted on 09/03/2012 at 18:20.

Leave a Reply

You must be logged in to post a comment.

Latest Comments