HMV has officially entered administration and is currently look a buyer. The toll of Internet sales regarding music/films has taken it’s toll on the 92 year old store has finally come to fruition. The future of the 239 ships in the UK and 26 in Ireland will fall solely on the outcome of the administrators. HMV’s stock […]
OpCapita buying GAME retail stores, Keeping 333 stores open
GAME retailer had hopes of finding someone interested in purchasing the company and the investment firm OpCapita is now buying the chain. The company has no plans for anymore stores to be closed and that means that all 333 stores in the UK will remain open and safeguard around 3200 jobs. All assets in the U.K will be transferred to Baker Acquisitions Limited […]
GAME enters administration, 10,000 employees face uncertain future
Retailer GAME has just entered administration(bankruptcy). This comes after having serious financial trouble over the past year and poor sales during the holiday season in 2011. The company has also had issues sourcing new games from publishers, which did not allow GAME to sell there titles in store. GAME had be reportedly been trying to […]