GAME stores will not be closing at week's end
The fate of GAME has not been decided
Yesterday Gamespot took a leap with an anonymous tip and reported that all GAME stores would enter liquidation by the end of the week. Current adminstrators PwC have denied the c🗹laims, and reported this is not the case.
PwC's Meghan Senior spoke to and said that GAME stores will not be closing this week, and if a decision to liquidate is made, it will happen at the next cre♏ditors meeting on June 19th.
It is not known who is stating these claims; however Seni⛎or insists they are untrue, and there are still prospective buyers for the re🍃tail chain.
Senior goes on to explain that even if no buyers are found, there are viable options for GAME to avoid liquidation - one in particular being that the company can be handed back toꦰ the original directors if it is found to be sustainable.
The rumours could stem from the fact that GAME has had a 25% off sale, with disc🎃ounts increasing to 40%, resulting in specᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚulation of a closing down sale. Senior contends this opinion, stating "I've been informed that the 40% sale is simply an attempt to move stock and get customers into the stores, it's not a closing down sale."
We will up🃏date with furthe🔜r information as it comes to light.
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