UK retailer GAME is going to stop selling pre-owned video game software soon
Read More »Sports Direct CEO Mike Ashley launches £52m bid for control of UK retailer GAME
Firm confirms it will now review all 540 GAME stores in UK and Spain
Read More »GAME Digital reports ‘solid sales’ in ‘challenging trading climate’
"The Group successfully delivered growth which [...] helped to offset the decline of preowned"
Read More »GAME Digital results show sales up year-on-year though margins declined
Full year results to July 2018 show strong growth in events and esports
Read More »Mike Ashley becomes GAME’s largest shareholder
Major investor Elliott disposes of its holdings, leaving Ashley in pole position
Read More »GAME sells Multiplay Digital to Unity
Unity has acquired GAME’s Multiplay Digital business for £19m, the High Street retailer announced this morning, with an initial transaction of £17.1m and £1.9m in escrow for 19 months. GAME initially acquired Multiplay in March 2015 for £20m. The company runs Insomnia and GAME’s Belong arenas, with Multiplay Digital being …
Read More »GAME sells head office and distribution centre
Retailer GAME digital and entered into a sale and leaseback agreement for its Basingstoke head office and distribution centre. The company’s freehold interest in both locations has been sold to Portsmouth Estates Developments Limited, a local property investment firm owned by Lord Oliver Henry Rufus Lymington, who is the 35-year-old …
Read More »GAME secures £100m new lending facility
GAME Digital has sealed a 50m loan, rising to a potential 100m, from Lajedosa. It is a new asset-backed deal which GAME says ‘affords greater flexibility than the existing revolving credit facilities, allowing the Group to increase or decrease its stock purchasing capacity through higher or lower funding, as required.’ …
Read More »GAME’s profit and revenue fall during H1
GAME’s earnings were down by almost 10m for the half-year until January 23rd, 2016. The firm cited the ‘challenging UK market’ for the slump in earnings, which totalled 33.1m. The figure is a slight improvement on the profit warning GAME issued in January, when it predicted that its half-year results …
Read More »GAME to close internal customer services department
UK retailer GAME says it will now offer a 24-hour customer service hotline by transferring it to an external partner. GAME currently handles customer services internally at its Basingstoke HQ, but can only be reached between 8am – 8pm (or 10am – 5pm on Sunday). According to employees at GAME’s …
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