GAME reportedly preparing to go bankrupt
If you check your Twitter feed today, you might see a few updates reading, "RIP GAME," or expressing similar sentiments. That's all because of a new report in MCV claiming that the UK retailer is now prepared to go into administration. This follows weeks of bad press and failure to stock the latest titles.
According to the gossip, CEO Ian Shepherd met with senior staff and told them that the chain has two weeks to turn things around or start selling itself off. The attempted resuscitation begins with a massive fire sale across the UK. Starting today, GAME is selling its stock at some incredibly low prices in a bid to make some quick cash.
Should GAME fail to reverse its bad luck, it's being strongly suggested that US retailer GameStop shall step in take things over.
Whatever happens, it's looking like we're finally going to see this sorry little story draw to a close. Setup email comments
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