GAME has today confirmed it intends to close 40 stores throughout the UK. To date, 13 sites have had notice served including existing GAME sites in Mansfield, Canterbury, Watford, Glasgow Fort, and Leicester. Yesterday, notice was served on a further 14 sites impacting outlets owned mostly by Intu and New River. The sites include Derby, Norwich Chapelfield, Lakeside, Bexleyheath and Carmarthen.
GAME announces store rationalisation programme
GAME intends to serve notice on the additional sites in the near future.
A spokesperson for GAME stated: “We are working closely with landlords throughout the UK to ensure that we do not have to vacate the 40 locations which could lead to a number of job losses. However, we are facing a challenging retail market and GAME with its extensive retail footprint, needs to restructure and landlords need to work with us in setting realistic, fair rents.”