“I really just want readers to understand a more human side to this story,” said a GAME store manager, who wished to remain anonymous. “as there are a lot of staff that have put in many unpaid hours and huge amounts of time and effort over the last few years…”
Today GAME Australia confirmed that it would be going into administration. At this stage we’re unsure of precisely what impact this will have on store closures or redundancies. PricewaterhouseCoopers, the company handling the administrative process, is declining to give out specific details.
Speaking to PWC this morning we were informed that they “couldn’t say anything at this stage”. They did confirm, however, that more official information regarding GAME’s situation would be released today.
According to our source, GAME is still attempting to find a buyer.
“As far as I know GAME is still looking for a buyer,” they said, “and there a a few parties interested, so if someone buys, then I think some if not all stores will stay open for trade.
“I have also been told that we will refunding pre-orders and still accepting gift cards as normal.”
According to the source, most staff members were expecting this but were given little to no information from head office regarding the situation.
“We have expected things were wrong since the UK stores went to crap,” they said, “but head office kept acting like nothing was wrong, just business as usual. We kept asking ourselves, ‘If we are going out of business, why are we still taking pre-orders on Black Ops 2 and Wii U?’
“Things have started to slowly decline since Christmas, like stock levels on games and consoles, and new regulations were brought in like ‘no more laybys’, or payments on pre orders, but again, it was all speculation from staff as head office were tight-lipped.”
Our source, along with the rest of GAME’s store managers were informed of the news this morning by email.
“Mondays are my day off,” they said, “and it sucked to wake up to the email on my phone this morning. Ive managed a store for three years, and am pretty upset by it all. I am going into work today to see how the staff are going and see if anyone needs a drink and a smile.
“All my staff are brilliant and to get this news is a kick in the pants to all of them.”
We hope to hear the official word from GAME themselves at some point in the afternoon and will update as soon as we hear back.