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BREAKING NEWS: GAME to be rescued by Investment Firm
- Thread starter phosphor112
- Start date
PumpkinPie
Banned
Questions should be raised about the reasoning behind saving a company which cannot make money, in order to save jobs. There is no doubt in my mind my that Game will go tits up again, walk into a store today and it's clear they have no idea what they're doing, games are still priced at 20% above everywhere else.
Game, GTFO. We've brought you down once, we'll do it again.
Game, GTFO. We've brought you down once, we'll do it again.
Wickerbasket
Member
Give it more than a day to change all their policies and pricing nationwide.Questions should be raised about the reasoning behind saving a company which cannot make money, in order to save jobs. There is no doubt in my mind my that Game will go tits up again, walk into a store today and it's clear they have no idea what they're doing, games are still priced at 20% above everywhere else.
Game, GTFO. We've brought you down once, we'll do it again.
I'm sure they wouldn't have bought them without a plan. At least, I hope they wouldn't have.
Great news for those still in GAME but pretty frustrating for all those stores and employees that vanished over the last week or so.
Will anything change? I hope so. They had way too many stores and idiotic high-end management. The cull, while painful for those previous workers, could be a good change for GAME in general. I think they ended up a little too big for their boots and the falling out with EA etc over the last few years did not help.
Stop pushing all those random and needless things on staff. Gamecare, points cards, pushing pre-orders etc. Keep it simplified and take the extra stress of the remaining staff.
Selling games makes money. The main problem was that GAME had way too many stores, so all those extra costs piled up. The UK needs a dedicated retailer for video games. Leave it to supermarkets and things will be much worse.
Will anything change? I hope so. They had way too many stores and idiotic high-end management. The cull, while painful for those previous workers, could be a good change for GAME in general. I think they ended up a little too big for their boots and the falling out with EA etc over the last few years did not help.
Stop pushing all those random and needless things on staff. Gamecare, points cards, pushing pre-orders etc. Keep it simplified and take the extra stress of the remaining staff.
Questions should be raised about the reasoning behind saving a company which cannot make money, in order to save jobs. There is no doubt in my mind my that Game will go tits up again, walk into a store today and it's clear they have no idea what they're doing, games are still priced at 20% above everywhere else.
Game, GTFO. We've brought you down once, we'll do it again.
Selling games makes money. The main problem was that GAME had way too many stores, so all those extra costs piled up. The UK needs a dedicated retailer for video games. Leave it to supermarkets and things will be much worse.
Cheesecakebobby
Banned
Apparently they paid a pound for it. Which is about what you would get if you went to GAME and traded in anything that came out before 2011.
The reason to buy it is simple: launching a new/retooled business on top of the existing infrastructure instead of having to create something from scratch. Notice also that the people taking over are owed lots and lots of money here- they would much rather try and make some of their money back than write off such an enormous loss.
Is GAME as ubiquitous as Gamestop is here in the states?
Is GAME as ubiquitous as Gamestop is here in the states?
http://darkzero.co.uk/game-news/opcapita-launch-kickstarter-to-clear-game-groups-debt/
(Yes I know it's an April Fool's joke
)
(Yes I know it's an April Fool's joke
)PumpkinPie
Banned
I was disappointed that they choose to close my local Gamestation rather than Game, however shit Gamestation came to be under Game Group's rule, I'll always remember them for what they were beforehand.
reptilescorpio
Member
No luck for the overseas branches though. Will be interesting to see what happens with them.
You mean you could walk into GAME and trade in a copy of FIFA10 for the whole company?
NekoFever
Member
It's going to improve Game's fortunes just slimming down the operation. Before they closed some of them there were a ludicrous number of stores in certain towns, most of which could easily have got by with one. Now they can have one store with one lot of staff to pay and one rent payment taking all the business and actually making money.
Fully agree. For all those up and coming Hardware launches, the UK needs something like GAME to do them. Argos, Tesco etc suck at it. They never have enough stock and constantly over pre-order, leaving people very sad when the Easter/Christmas rush kicks in.
StealthGoblin
Banned
They need to do something with their trade in prices too. A lot more people would use the shops if they got a better price for their games. Even giving more credit to use in store would get more people into the store, and keep the money there.
I'd use them a lot more if I got a better amount on money on my GAME card per trade in. Then I'd likely spend it in store if their prices for new games weren't so fucking inflated.
I'd use them a lot more if I got a better amount on money on my GAME card per trade in. Then I'd likely spend it in store if their prices for new games weren't so fucking inflated.
If they can relaunch GAME and actually reduce the prices, that would be a filthy Christmas miracle. Cheaper prices overall would drag more people back to the store.
Cheesecakebobby
Banned
Nah you'd need Fifa 11 for that. Fifa 10 would only get you the Irish branches.
Nice.
StealthGoblin
Banned
Yeah fuck the students. Fuck them and their jobs. They've got it easy having to pay three times as much for University Education and then they have such an easy job getting on the property ladder when they come out. Fuck them all.
Anasui Kishibe
Banned
GAME is a piece of shit company agreed but mate, seriously, what the fuck
Exterminieren
Banned
It's easy to find another non qualified job when you're a student. All of them are lame as fuck so it's not like it's going to make a difference.
No it isn't.
checkeredknight
Member
Why are you talking out of your arse? Out of the ten members of staff at my store (before it was shut down), only one of us was a student. Meanwhile, GAME in the shopping center has around the same amount of staff as we had. None of them are students. I don't see the problem with them being students in the first place anyway. I think these two posts are among biggest load of rubbish I've ever read on the net for some time now.
Personally, I couldn't care less what happens to GAME Group itself. I think the majority of the people who work for the company deserve to be treat much better than they are though (see: rubbish hours, working for free, having to put up with the upper managements backwards decisions on a daily basis.) Hopefully Opcapita can help improve things for the "front line" staff as well as knock some sense into the higher management.
AHA-Lambda
Member
Possibly the most ignorant post i've seen on neogaf, and that's saying something =/
Weird place to be directing your anger... Different strokes for different folks.
Starwolf_UK
Member
Well put it like this. Bigger towns would have two GAME stores and a Gamestation (they got the chance to buy thier rival which caused a lot of their problems as they then had too many stores).
The UK side of EB Games bought GAME just over a decade ago so they didn't have to renew the EB Games name...they still had to give profits away though. This was what lead to them having two GAME stores in bigger towns.
Chû Totoro
Member
You know what. This is actually a good joke here.
Photolysis
Banned
I'm glad for those who get to keep their jobs, but it is a shame GAME weren't finished off for good.
Woo-Fu
Banned
Probably a good deal for the investors, long as they get management that can find its asshole without two hands, a gps, a flashlight, and a guide. Gamestop is leeching ridiculous amounts of cash with resale, don't tell me Game can't manage the same feat.
Then again, that ship might have sailed.
Then again, that ship might have sailed.
phosphor112
Banned
The fuck is your problem?
What concerned me the most about the initial news of a take-over was that the management/board refused to be replaced/removed. Does a buy-out mean they can now fire the idiots who are running it? because I doubt they've learnt anything from their mistakes.
It's all market conditions fault guys! etc
It's all market conditions fault guys! etc
fushi
Member
Your profile says you're from France. Well...
http://www.france24.com/en/20120331...rally-presidential-election-francois-hollande
Good news, although I honestly think a total and complete rebrand is the only way this can ever be again successful.
I'd be curious to see what happens to the stores already closed and the staff that those closures have cost. I live in Sheffield and all but one of our five GAME and Gamestation stores were shut last week. Really there was never any need for that many in the first place, which was part of the problem, but I don't see why at least one of those stores can't re-open. One store in the City Centre and one in Meadowhall could and should be profitable.
I'd be curious to see what happens to the stores already closed and the staff that those closures have cost. I live in Sheffield and all but one of our five GAME and Gamestation stores were shut last week. Really there was never any need for that many in the first place, which was part of the problem, but I don't see why at least one of those stores can't re-open. One store in the City Centre and one in Meadowhall could and should be profitable.
PumpkinPie
Banned
I agree, at the very least they need a complete makeover, change the logo and colours etc. plus get rid of that tacky purple and yellow shit that they plaster everywhere.
CrunchinJelly
formerly cjelly
They will close more stores if anything.
This is the same company who announced 1,000 job losses at Comet less than a week after taking over.
Yes, a full re-brand would be nice.
Sure, although am I right in thinking there are still area's which literally have two stores right next to each other?
They could probably close another bunch of stores and still have enough room to have at least one retail presence in every major town and City in the UK.
jump_button
Banned
you telling me they right next door more or less they should had close both and open a bigger one
Yes, they still have room to close more stores. Utterly crazy that some places had several stores, especially when they were within minutes of each other.