Some pretty sad news for shoppers in Australia. PricewaterhouseCoopers (PwC) have confirmed that all of its remaining GAME stores in Australia will close.
16 of the stores will shut down immediately with the remaining 15 expected to shut within the coming weeks.
Administrator Kate Warwick said in a statement:
“This is a difficult time for employees, and closing the stores was not a decision we made easily. Despite exploring available opportunities for continued trading, the ongoing trading performance and absence of viable offers for the purchase of the business has resulted in these closures.”
The GAME retailer franchise had been facing financial troubles for quite some time. Despite efforts to try and keep the stores open, they were unsuccessful.
A closing down sale has commenced. Both in-store and on GAME’s website you can catch yourself discounts of up to 60% off the normal RRP.
Source: Gamespot
