Future of GAME in doubt

The GAME store on Standishgate
The GAME store on Standishgate
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THE computer console and game retailer GAME, which owns four stores in the region has filed for administration.

GAME which has stores on Standishgate and Bradshawgate in Leigh, also owns GameStation which has stores on the Market Place in Wigan and the Concourse Shopping Centre in Skelmersdale.

Earlier this week shares in GAME were suspended “pending clarification of the company’s financial position”.

The firm said talks with stakeholders and other parties had not made enough progress to offer “a realistic prospect for a solvent solution”.

GAME has seen its business eroded by competition from online-only retailers, such as Steam and Amazon.

The group, which is headquartered in Basingstoke, has 1,300 stores worldwide, including 600 in the UK.

It said the business would continue to trade and discussions with lenders and third parties would continue.

In an earlier statement on Wednesday, the firm asked for its shares to be suspended, saying the value of the company had been eroded.

It is not yet clear if jobs will be affected in Wigan.