Published on February 2nd, 2012 | by Cryss


GAME To Sell Off International Business

It’s been a tough year for the high street and video game retailers are no different. UK video game retailer GAME have released a statement, noting they could be looking towards selling some of their non-UK based stores to lower debts. “In response to press speculation the GAME Group confirms that it is in ongoing dialogue with its lending syndicate to reach agreement on revised terms for its facilities. As part of these discussions, the lending syndicate is reviewing a strategic plan of the company which includes a review of its overseas operations. “A further announcement will be provided once discussions with its lending syndicate have concluded.” The plan mirrors what high street rivals HMV did by selling off HMV Canada and Waterstones earlier this year, but with the high street in a state of turmoil, would you miss it if GAME disappeared from your local town center? Tell us below.

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