DEATHWATCH: Game to close 43 stores
The Game Group are still having a lousy, lousy time of it and things don't seem to be getting any better as they've announced that 43 of its outlets will be closing thanks to “tougher market conditions”.
In total, 12 GAME stores, six Gamestation stores and all 25 of its Debenhams arms will cease trading, which equates to 247 redundancies.
“We are committed to evolving our business to make sure it operates as efficiently as possible while consistently delivering the high standards of service our customers demand,” a statement reads.
“We regularly review our entire store portfolio, including our concessions, to maximise the opportunities to reach customers while also ensuring that the business is running as effectively as possible.
“As a result of this review process, and the tougher market conditions that we face in 2010, we have announced our intention to close 12 Game stores, 6 Gamestation stores, and all 25 of our concessions in Debenhams stores. In each location, we have detailed plans to support the customers and employees.
“The majority of the identified sites are located close to another one of our stores, and we will help each customer affected by a closure to transfer to their nearest store as well as our online offerings.
“We will provide extensive support to the teams in each store. However, with deep regret, we have had to offer redundancy to 247 employees. We will do our utmost to redeploy roles if possible, and have started consulting with all affected employees in the 43 sites.
“We are very focused on supporting our people, and thank them for their continued hard work and understanding."