Kicking off the Australian working week in a less-than-pleasant manner, retailer GAME Australia has officially entered administration, just two months after the UK arm of the company folded.
…and then this morning, an email was sent to all GAME stores explaining that the Australian company had followed its UK brothers. The news was later confirmed to Player Attack by GAME’s Marketing Manager, who has declined to give any further details.
The company closed more than 600 stores across the UK in March of this year, with the rest eventually purchased by OpCapita. At the time, international stores reported they would not be affected, but GAME Australia Managing Director Paul Yardley was reportedly looking for a local buyer.
Today’s news suggests that he has been unsuccessful so far.
Impacts on stores, jobs and stock have not yet been publicly announced, and inquiries have been redirected from GAME offices straight to PwC, the nominated administrator.