Brick and Mortar retailer GAME has been in the news quite a bit lately as the UK company's domestic business flounders. The latest development has seen GAME UK entering administration and although signs are pointing to an eventual recovery, a positive outcome for their many employees or indeed any consumers with outstanding orders or credit is far from certain.
The Australian stores however, may potentially avoid peril entirely as MCVPacfic reports
that Game Australia's operation intends to secure their own financial backing to support themselves independently of their uncertain parent company:
Paul Yardley, MD of GAME Australia, confirmed exclusively to MCV that: "GAME’s businesses around the world are going through a challenging time. Regarding our business locally, Australia is a separate legal entity and business from the UK, with a separate management team. The choices that GAME’s UK entities are making don’t necessarily impact us here."
"In case the UK entities do go into administration, the Australian management team and I are working hard on a number of viable alternative options for our business."
Yardley also confirmed to MCV that GAME Australia has been actively seeking investment either to keep the company afloat in the short term or an expression of interest in a full acquisition.
Even though we're well aware that more and more of our astute readers are looking to online avenues for better value in game prices afforded by the high Australian dollar, it's good to see that the brick and mortar space for speciality gaming still has some competition left in it.