GAME Group officially in Administration - Page 2

T-Bag · 27-Mar-2012, 21:04

http://www.eurogamer.net/articles/20...r-redundancies

heh, is it me or do they look like the cast of a sitcom

Norphy · 28-Mar-2012, 08:43

Down with this sort of thing!

Inertiaman · 28-Mar-2012, 08:52

Careful now.

Dave · 28-Mar-2012, 08:53

The guy on the left can get back to skinning people and wearing them as a cloak

"It puts the lotion on its skin.... or it gets the hose again!"

Ashen · 28-Mar-2012, 09:06

Quote:

Originally Posted by T-Bag

http://www.eurogamer.net/articles/20...r-redundancies

heh, is it me or do they look like the cast of a sitcom

indeed wise and funny old guy in the green, depressed middle manager in the whitre shirt, gay guy holding the sign, useless in love girl and ex panto star manager

Orange · 28-Mar-2012, 10:15

Guy on the right is an MP!

Ashen · 28-Mar-2012, 10:17

As I said panto star

Inertiaman · 28-Mar-2012, 10:22

http://www.eurogamer.net/articles/20...-launches-sale

lower margin businesses in filling vacuum shocker.

Mazzahoo · 28-Mar-2012, 15:56

Went to town today and Fareham GAME lives, but the place is always heaving, so can quite understand that one staying open.

Ashen · 28-Mar-2012, 16:14

Fareham Game, You will never find a more wretched hive of scum and villainy. We must be cautious

Goody · 28-Mar-2012, 18:31

Quote:

Originally Posted by T-Bag

http://www.eurogamer.net/articles/20...r-redundancies

heh, is it me or do they look like the cast of a sitcom

I cant help feeling they would be better off indulging in some mild (extensive bring the van type) theft.

"Administrators at PwC have blamed GAME Group's collapse on its "ambitious" overseas expansion and the "unfortunate" close proximity of its stores." , unfortunate...

Ruddles · 28-Mar-2012, 19:53

Quote:

Originally Posted by Ashen

Fareham Game, You will never find a more wretched hive of scum and villainy. We must be cautious

That pretty much goes for all of central Fareham.

Inertiaman · 30-Mar-2012, 11:04

Full page tescos ad in the papers this morning - TESCO: HOME OF GAMING etc.

They're doing a second hand setup as well. Should work a bit more favorably if they keep their original retail prices as keen.

DoZ · 31-Mar-2012, 14:13

Writing was on the wall for some time, wonder who's next. There's a lot of stores who're only maintaining any form of profits due to cost cutting and have been for some years. Without any growth in sales there'll come a point where the business model needs rethinking entirely. I see a lot of chains going and smaller independents rising in their places, people able to adapt and simplify their businesses.

Orange · 31-Mar-2012, 14:28

Game's business was and is about as simple as it comes. Simplicity isn't the issue, over-levered capital structures, high street rental rates and over-sized footprints are.

DoZ · 31-Mar-2012, 18:11

True, I'm just thinking from the perspective of where I work. Furious activity in place of understanding. Problem was game were never going to compete selling as high priced as they did with so much competition, and so many places will follow suit.

HooT · 31-Mar-2012, 19:30

Quote:

Originally Posted by Ashen

Fareham Game, You will never find a more wretched hive of scum and villainy. We must be cautious

Amen

28-Mar-2012, 15:56	#39
Mazzahoo Player Hater Join Date: Oct 2003 Posts: 1,393	Went to town today and Fareham GAME lives, but the place is always heaving, so can quite understand that one staying open. __________________ 1.6 Eth's™ gone 0.87 to go until total Eth™ loss = 2.47 Eth's 1 Eth™ = 78Kg's 64.78% complete

31-Mar-2012, 14:13	#44
DoZ my other post is a smiley Join Date: Nov 2003 Location: Bristol Posts: 1,798	Writing was on the wall for some time, wonder who's next. There's a lot of stores who're only maintaining any form of profits due to cost cutting and have been for some years. Without any growth in sales there'll come a point where the business model needs rethinking entirely. I see a lot of chains going and smaller independents rising in their places, people able to adapt and simplify their businesses. __________________ www.doz.me.uk

31-Mar-2012, 18:11	#46
DoZ my other post is a smiley Join Date: Nov 2003 Location: Bristol Posts: 1,798	True, I'm just thinking from the perspective of where I work. Furious activity in place of understanding. Problem was game were never going to compete selling as high priced as they did with so much competition, and so many places will follow suit. __________________ www.doz.me.uk

27-Mar-2012, 21:04	#31
T-Bag please find me real friends Join Date: Oct 2003 Location: Leeds Tournaments Won: 1 Posts: 12,354	http://www.eurogamer.net/articles/20...r-redundancies heh, is it me or do they look like the cast of a sitcom

28-Mar-2012, 08:43	#32
Norphy bandwidth bill in the post Join Date: Nov 2003 Posts: 1,806	Down with this sort of thing!

28-Mar-2012, 08:53	#34
Dave To curve or not to curve? Join Date: Jan 2008 Location: Behind the Curve Posts: 4,577	The guy on the left can get back to skinning people and wearing them as a cloak "It puts the lotion on its skin.... or it gets the hose again!"

28-Mar-2012, 10:15	#36
Orange member Join Date: Nov 2003 Posts: 6,607	Guy on the right is an MP!

31-Mar-2012, 14:28	#45
Orange member Join Date: Nov 2003 Posts: 6,607	Game's business was and is about as simple as it comes. Simplicity isn't the issue, over-levered capital structures, high street rental rates and over-sized footprints are.