Following the financial predicament of GAME UK, GAME Australia’s administrator, PricewaterhouseCoopers, has said the retailer will close its 31 remaining stores.
The video game retailer will close 16 stores in Australia immediately, while the other 15 will be closed within the coming weeks.
"In the interests of creditors, the 31 remaining GAME stores are to be closed over the coming weeks and a final closing down sale has commenced with discounts of up to 60 percent available in-store and online,” said administrator Kate Warwick said in a statement.
During May, GAME Australia had entered voluntary administration, leading to the closure of 60 stores. 264 employees and 17 head office positions were all affected.
CheatCC wishes the best of luck to those affected by the layoffs.
By Zak Islam