More Tough Times For UK Retailers as GAME Cuts Jobs

After slaughtering the independent stores, it seems Game Group who own Game and Gamestation are struggling. They have announced they’ll be closing 18 stores (of their 682 total) and all of the concessions in Debenhams, with a total of 247 jobs going. They are doing this to help “maximise the opportunities” (i.e. not keep haemorrhaging money) and have “detailed plans to support the customers and employees” (i.e. fuck ‘em) already in place.

Though at least in the press release they admit to one of the reasons they’re having so many problems: “The majority of the identified sites are located close to another one of our stores”. Game have been one of those companies, like Subway, who happily put their stores as close to competitors as possible, even if the competitor is another Game. It simply maximises the companies profit at the cost of the individual store.

With more people either going online for games or going to the cheaper supermarkets I’m impressed Game are even still around. With recent news that Tesco and Asda are looking into murdering Game’s trade-in market, things are looking bleak.

Via: Edge