GAME lose another supplier

PiKe · 29 Feb 2012 at 11:33

This time its EA, any games post SSX will not be supplied to them, so any pre-orders you have for ME3 won't be fulfilled, you'll get £5 in reward points in compensation however.

They have already lost Ubisoft and now EA, things don't look good.

PiKe · 29 Feb 2012 at 11:38

iamtheoneneo said:
bye bye. Not going to be missed

Putting aside how much people dislike GAME, spare a thought for the employees if they do go, this will also affect Gamestation and any other GAME owned stores I believe.

PiKe · 29 Feb 2012 at 11:53

Nodiggidy123 said:
Sauce?

http://uk.games.ign.com/articles/121/1219655p1.html

PiKe · 29 Feb 2012 at 13:47

Bumhug said:
http://www.mcvuk.com/news/read/leaked-memo-details-game-ea-rift/091953

From the sounds of that Game told EA to do one rather than the other way round

Maybe so but that's pretty foolhardy.

PiKe · 29 Feb 2012 at 14:42

Delta12 said:
Looks like games share price is taking a battering today too dropped over 10% do far today
Christ at this rate you coul by a majority holding for 50p and a bag of crisps

And the associated debts.

PiKe · 29 Feb 2012 at 15:06

buchtis said:
Really do feel sorry for the employees but I knew this would happen eventually.

It hasn't happened yet.

PiKe · 29 Feb 2012 at 15:55

The media coverage is exasperating problems because you've got every man and his dog going in and using up their rewards points, they're effectively giving their stock away.

PiKe · 29 Feb 2012 at 16:00

ANN1H1LAT0R said:
If they'd never screwed with their customers then they wouldnt be in trouble ion the first place (I used to work there so I know what they do lol)

EA were dictating terms, GAME called their bluff and lost...

I think EA have shot themselves in their foot, their annual games much rake in massive amounts of profits from the high-street stores because for every 1 person who buys online there's 5 others that take a load of games to trade in to offset the cost.

PiKe · 29 Feb 2012 at 16:01

LeJosh said:
They should have pushed the internet shopping much more than second hand games.

Publishers loathe second hand buying...

It's how GAME survives in it's current form.

Profits on used games are hundreds of percent.

PiKe · 1 Mar 2012 at 16:35

In a few months time:

"Gamstation merging with GAME."

PiKe · 5 Mar 2012 at 16:16

Strife212 said:
Time to buy a load of game shares? Could be fun

If losing your money is your idea of fun, go for it.

PiKe · 6 Mar 2012 at 09:59

magick said:
Yes, like how when I was in Game prior to the Vita launch the salesperson gave me a load of outright lies about the system and its funcionality to try and make me place a preorder.

Won't be missed as far as i'm concerned.

They're not all like that, some are genuinely helpful and have a family and home to keep.

PiKe · 6 Mar 2012 at 12:11

Why couldn't the staff just switch the thing off?

PiKe · 7 Mar 2012 at 12:15

Twentyone said:
Well if they take pre-orders they cant give, you get money back you can only spend in their stores. You cant really buy much for £5 so... money earnt for them most likely.

No you don't, you get your deposit back in the method you paid PLUS the £5 on your reward card.

PiKe · 7 Mar 2012 at 14:40

anticonscience said:
By reading that thread on HUKD, it's all stores.

Yep it is.

All signs are pointing to the end now.

PiKe · 16 Mar 2012 at 16:35

Our local store doesn't have enough stock to last the weekend.

PiKe · 19 Mar 2012 at 14:25

TommyV said:
So, when are they going under?

March 23rd.

PiKe · 21 Mar 2012 at 09:41

Plainsong said:
I don't know a lot about stock markets so OK, when a company like Game request to be suspended due to effectively being valueless or that it 'is of the opinion that there is no equity value left in the group' - what happens next?

What do you think happens?

PiKe · 21 Mar 2012 at 09:47

Plainsong said:
Kind of why I asked the question.

Does it mean there can be no potential buyer?
Does it mean that that's it, administration?
Does it mean that all stores of Game and GS close worldwide with immediate effect?

What happens next?

If there's no buyer they're up the creek without a paddle, chances are someone WILL buy the group, but close a load of stores in the process.

PiKe · 21 Mar 2012 at 14:00

jcb33 said:
Thanks, yeah tomorrow will be interesting. Though I have already had to put up with people coming in with big grins on their faces reminding me that game is going to close.

I might just take a keyboard in with me for my last shift (When I find out when we are closing).

Jcb33.

Just tell them where to go, it's not like you can lose your job over it :trollface: