Potential GAME store closures warned by parent Frasers Group

GAME, UK’s biggest videogame store retailer could have potential store closures, warned by parent company, Frasers Group.

Owned by Mike Ashley (Sports Direct, House of Fraser), some GAME stores have moved from their original location into nearby Sports Direct stores.

Frasers Group came out and warned of these potential store closures by criticising the government’s “worthless” relief package in a recent statement.

This has made Frasers Group review its entire portfolio:

“For Frasers Group this cap will make it nearly impossible to take on ex-Debenhams sites with the inherent jobs created. It will also mean we need to review our entire portfolio to ascertain stores that are unviable due to unrealistic business rates.”

Via Gameindustry.biz

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s