GAME announces plan to shut 40 stores nationwide amid a 'challenging retail market' 

Mail Online | 1/9/2020 | James Wood For Mailonline
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GAME has today confirmed it intends to close 40 stores throughout the UK.

To date 13 sites have had notice served including existing GAME sites in Mansfield, Canterbury, Watford, Glasgow Fort and Leicester.

Yesterday - Notice - Sites - Outlets - Intu

Yesterday, notice was served on a further 14 sites impacting outlets owned mostly by Intu and New River.

The sites include Derby, Norwich Chapelfield, Lakeside, Bexleyheath and Carmarthen.

GAME - Notice - Sites - Future - Country

GAME intends to serve notice on the additional sites in the near future. It is thought to have more than 300 across the country.

A spokesperson for GAME stated: 'We are working closely with landlords throughout the UK to ensure that we do not have to vacate the 40 locations which could lead to a number of job losses.

Market - GAME - Footprint - Landlords - Rents

'However, we are facing a challenging retail market and GAME with its extensive retail footprint, needs to restructure and landlords need to work with us in setting realistic, fair rents.'

It comes as it was revealed all 79 Mothercare stores are set to close by the end of the week - putting 2,500 people out of work.

Mother - Baby - Retailer - Stock - Discounts

The mother and baby retailer is currently selling off its remaining stock with huge discounts of up to 80 per cent available.

Emails have been sent to customers encouraging them to buy the last of its products.

Missive - Extreme - Couponing - Bargains - Facebook

One missive, which shared on the Extreme Couponing and Bargains Facebook group said: 'Once it's gone, it's gone. Stores must close this week.'

MailOnline understands stores will begin closing today. A Mothercare spokesman confirmed that all stores will be closed by Sunday.

High - Street - Administration - Shopping - Rents

The High Street stalwart went into administration after struggling to compete with online shopping, sky-high rents, and competing baby clothing offerings from supermarkets.

In the year to the end of March the company made a pre-tax loss of £87.3million.

Period - HMV - Stores

Also over the festive period, HMV was quietly closing at least 10 stores after putting...
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