Earlier today, after the appointment of PwC (PriceWaterhouseCoopers) as the administrators handling the case, Game CEO, Ian Shepherd, announced his resignation, stating that he always indented to let the administrators take charge of the business. All stores in Ireland have ceased trading, and many big city Game stores have already closed, including Birmingham, Leicester, Liverpool and Coventry. This initial round of closures isn’t the end, though, and it’s expected that around half of Game and GameStation stores will be closed over the next few days. If you try to visit the game website, you’ll be greeted with a notice stating that the site is currently unavailable, whilst the administrators look into the business. It does state that the company is reviewing orders placed on the site, and so, hopefully, these will be completed. All of this news doesn’t really come as a surprise given recent events, and Game’s monumental share price plummet, but it doesn’t make it any more palatable. Many will no doubt complain about losing a local game store, and/or money in gift cards, but far more important is the loss of so many jobs.
