Huge Closures for GAME
UK retailer GAME is to close ended a hundred branches in the next trio years.
Following a 27% drop in lucre, retailer GAME is to close 127 of its 677 UK stores by the end of 2013, reducing the total number of stores to 550.
"We continue actively to review our UK store base, with a view to minimizing store overlap and maximising opportunities from lease expiries, breaks and rent reviews," said GAME chairman Peter Lewis. "Operationally we have continued to derive benefits from the integration of Crippled and Gamestation.
"We induce also rationalized our store and head office cost base which, in conjunction with the store closures, will result in savings of a further 5m GBP in each of the next two years."
The announcement of the closures comes at the same time as the proclamation that the Chief Executive director Officer and Chief Operative Officeholder would be leaving the fellowship. Interim CEO Chris Bell, said that the company has plans to improve the remaining stores however: "Our stores are a place to get games, and the data format is evolving to cater for their changing inevitably and the incoming new technology."
"We are trialing reciprocal kiosks and improved ecommerce connectivity in hand-picked stores to expand further the range with thousands more product lines and increased the customer experience. To deal with the transactional volumes through our stores, we continually upgrade our IT base. As part of this we are instalmen both client conversion applied science and peak-upwards card activation capabilities within our outlets."
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https://www.escapistmagazine.com/huge-closures-for-game/
Source: https://www.escapistmagazine.com/huge-closures-for-game/
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