The high street titan had as many as 300 stores and has been trading since 1990.
A UK high street giant has collapsed into administration (Image: Getty)
A former titan of the UK high street which had as many as 300 stores in its heyday has collapsed into administration again with debts of an eyewatering £16M. GAME, established in 1990, became the UK’s leading high street chain for games and games consoles.
It also took over its once fierce rival Gamestation, becoming the single biggest player in the market. James Saunders and Lauren Wentworth, of KR8 Advisory, were appointed joint administrators in April, and now their report details the final efforts made to save the company. The administrators have set out how the company was incorporated as Game Retail Limited after its acquisition in 2011.
They said: “The Game brand was originally established in 1990 and developed into the UK’s leading high street retailer of video games and consoles.
“The company started trading in 2012 following the acquisition of the UK trade and assets of the former The Game Group Plc out of administration.
“At the point of acquisition, the business operated over 300 retail stores together with two e-commerce platforms under the Game and Gamestation brand names.
“Following the completion of the acquisition, the company consolidated its operations under the single Game brand and undertook a financial and operational review, which resulted in the closure of certain loss-making stores but included plans to open new stores.”
But administrators pointed to difficult market conditions in the years that followed, including Brexit and the rise of digital downloads, adding: “Market conditions remained difficult in the subsequent years driven by changes in consumer behaviour, including the transition from physical games to digital downloads, uncertainty associated with Brexit, and increased competition within the sector.”
The loss then widened to £43M by 2019 before the company’s brand was bought out by the Frasers Group, which saw stores incorporated into Sports Direct shops instead.
The administrators added: “Despite these efforts, the company’s financial position continued to deteriorate during the final quarter of 2025, which historically had been one of the busiest trading months for the business.
“There have been no major console releases since 2020, and large manufacturers have cited global chip shortages as a reason for further delays.
“Having reviewed the company financial and operational position,” the administrators said. “It was concluded that the business was no longer viable.”
Migrants just received £11.9bn of Universal Credit – that’s not even most shocking thing
Migrant households have been handed more than £10bn in Universal Credit, Aaron Newbury reveals how Andy Burnham could turn that to his advantage.
Andy Burnham (Image: Getty)
How long can a state last when the number of those financially dependent on it exceeds the number contributing to its coffers? Such a question surely must not be far from the minds of our political leaders. After all, the data from the Office of National Statistics (ONS) reports make it seem as if the cliff’s edge is fast approaching.
Earlier this year, the scale of the benefits crisis was laid bare when statistics revealed that about 53.3% of the population take away more than they pay in. Yet as ever, it appears misery begets misery, and for the boffins of Whitehall, the latest development in that miserable state of affairs only deepens the challenges they must overcome.
Now, Daily Express readers are faced with the stark reality that the amount of British taxpayers’ cash handed out to foreign nationals in Universal Credit has broken £10billion. That means around one in every six households that received the handout are foreign nationals, which has predictably sparked fury from the Conservative benches, and sent Reform UK’s contingent into a tizzy.
If those on the Labour side cannot fathom why this might be, they might want to head to their constituencies and ask their voters what they make of it. Those Britons might make note of the fact that the bill has soared by some £4.4bn in just two years – something which leaves many questions yet to be answered. It’s shocking.
Even as rumours swirl in Westminster that the Treasury is greedily eyeing further ways to improve its finances at the expense of our own, we are being told that billions are being spent on those born on other shores.
Few in the UK believe a safety net for the unfortunate should be removed. But many will baulk at the idea that those born overseas should benefit from the work and taxation of working Britons.
We are hardly a country that can boast of a vastly productive economy, coffers overflowing with rivulets of wealth, and all the domestic ills put soundly to bed. Speak to anyone, and they can tell you of lacklustre transport, underfunded local services and an NHS ever hungry for further investment. That’s not to mention the black hole in the national defence budget, which has led to alarm bells from former defence chiefs warning that the country is defenceless.
Before contemplating which other taxes to increase, Andy Burnham and his newly minted Chancellor, John Healey, would do well to take even a cursory look at the excessive abuse of the benefits system. While that goes against the natural instinct of the socialist, who are ever loath to suggest that the instruments of government may well be out of tune with the rest of us, it would serve them well.
Yes, a broader sweep through the ruinously expensive welfare state, the seeds of which were planted and watered by successive Labour governments, is needed. But I fear it would be foolish to think Eyelashes Andy is the man to do it.
His own particular brand of popularity, which, like most socialist operators, consists of taking from the productive to fund ever-growing handouts, prohibits a more constructive look at the system. He still has an easy win before him.
At the stroke of a pen, Mr Burnham could command that foreign nationals cannot receive Universal Credit. Undoubtedly, this would agitate the London lawyers, who would swiftly tut and huff dissapointedly, but it would be well received by the millions of hard-working Britons who struggle with the question: Why should my taxes be handed to foreign recipients?