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Game close 277 stores, Reward and Gift card payments suspended

Game recently entered administration and today they have closed 277 of their 610 stores nationwide. The figure includes Game stores and Gamestation stores and in some areas all stores have been closed. We have the full list below thanks to MCV and Retail Week which has now been organised alphabetically along with the address. The list however doesn’t specify which are Game or Gamestation stores.

Game Group file for administration

The Game Group have been having a hard time lately and it doesn’t look to be getting any better. Game has been unable to stock many new titles including EA’s Mass Effect 3 and many other suppliers have also refused to do business with Game.

Game has now had to file for administration as they need to raise £180 million, £21 million of which is for their quarterly rent bill. Around £40 million makes up their debts to suppliers.

Despite the gaming industry being the UK’s largest entertainment sector in 2011 with sales passing £1.93 billion (videos and music making £1.8 and £1.07 million respectively), Game haven’t been ale to turn their fortunes round.

Game not stocking Mass Effect 3 and future EA titles

SSX may be the last EA title Game and Gamestation stock. It has been confirmed that Game will not be releasing the highly anticipated game due to supply issues. For those who per-ordered the game, you will have the chance to have £5 worth of rewards points added to your Game loyalty card. Unfortunately it looks like Mass Effect 3 isn’t the only title that Game won’t be stocking with other titles like Fifa Street or Tiger Woods PGA Tour 13 also looking unlikely to be released through the Game Group. The collectors edition of Mass Effect 3 will be available instead through other retailers such as Amazon.

Wii Sales Drop but, no Christmas Price Deals

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Bad news for Nintendo as their Wii console and the DS handheld series seem to have lost their way in the UK gaming market. Both retailers Game and Gamestation are reporting that sales of the Wii and DS are down 40% and in fact, it is reported that Game have dipped into the red in their overall sales and are partly blaming the decline in hardware sales of the Nintendo Wii for their misfortune.

As the news of the potential lack of interest in the Nintendo Wii filters through, news that Nintendo have no intentions of reducing prices on their hardware over the upcoming Christmas period is also appearing. Presumably the company expects the Christmas sales figures, which have historically been highly successful for Nintendo, to be high enough to not need any encouragement from price drops or incentives to customers.