UK's Largest Specialist Video Games Retailer Enters Administration

RogueyWon writes "The GAME Group, owners of high street chains GAME and Gamestation, which between them account for a large majority of the UK's specialist games retail market, have entered into administration. In the hours following the Group's entry into administration, hundreds of stores were closed and thousands of staff made redundant. While some of the factors behind the Group's downfall, such as stores located too close to each other and overly-ambitious international expansion, were likely unique to the UK-based company, other factors, such as price competition from supermarkets and online retailers, as well as a reliance on a fickle pre-owned games market, may have wider application."

Comments

Gak, the Britishisms in that article were too many

[pecosdave]

I'm pretty good at keeping up with British words we don't use (in that way) here in the US but that went too far. "Entered administration" - bankruptcy? I've read up on "made redundant" - BOFH has used that enough I already studied the term. I'm well ahead of the average US citizen on keeping up with those terms but this one really made me think.