Whos next?

sayward

sayward

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Yup Game was well established in sainsbury's but they were pulled out ,' because people, especially loyal customers, would never buy their games in a supermarket!!!!' What utter crap!
 
DaGaffer

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sayward said:
Yup Game was well established in sainsbury's but they were pulled out ,' because people, especially loyal customers, would never buy their games in a supermarket!!!!' What utter crap!
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That's not the reason GAME pulled out of Sainsbury's.
 
Wij

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Chilly said:
Ocado is a dead cert. Their non-compete agreement with waitrose is due to expire at some point at which time waitrose will market directly to customers offering its own delivery service in the areas previously given to Ocado. Ocado are a class private equity fuckup, too: way too much debt not enough wiggle room to survive a bumpy couple of years.
Admiral? Really? How can it be hard to make money in that racket?
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Also the fact that there is currently no margin in home grocery shopping.
 
DaGaffer

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MYstIC G said:
Its about generating publicity out of thin air on the back of somebody else's bad fortune.
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Other than "we shouldn't be allowed near any sharp objects", what possible positive publicity would that generate? Even the Great British public can do the maths on this one by now (if they take their shoes and socks off).
 
MYstIC G

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DaGaffer said:
Other than "we shouldn't be allowed near any sharp objects", what possible positive publicity would that generate? Even the Great British public can do the maths on this one by now (if they take their shoes and socks off).
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It reminds them that GAME isn't dead, yet, which most of them have probably forgotten since the massive round of "GAME is dead" headlines.
 
Deebs

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That mag is for the retail sector so the masses don't get to read it. My opinion, what a bunch of stupid cunts. Martyn is a twat and I can see them going under this year. They still DO NOT have a fucking clue about what the business is in today's model.
 
MYstIC G

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Chilly

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Even in a declining market, there is still money to be made. A shrewd manager will manage a shrinking business properly and generate as much profit for shareholders as possible. Investing in new stores is almost certainly a mistake, but not necessarily. If they can get the property at dirt cheap prices it makes commercial sense.
 
Deebs

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Chilly said:
Even in a declining market, there is still money to be made. A shrewd manager will manage a shrinking business properly and generate as much profit for shareholders as possible. Investing in new stores is almost certainly a mistake, but not necessarily. If they can get the property at dirt cheap prices it makes commercial sense.
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Understand that but what about the poor fuckers below him? Martyn is at the top and is worthless without his team.
 
DaGaffer

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Except if its just the property they're after, then going after HMV makes very little sense; the high street isn't exactly short of empty units.

Meg is right, it's almost certainly some kind of PR exercise by the VC designed to imply GAME is on the up and up; but I can't imagine any potential investor being particularly impressed; they had a better than expected Christmas, but one swallow doesn't make a summer etc. and it's not exactly demonstrating dazzling management talent to a potential buyer of the company
 
Chilly

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Deebs said:
Understand that but what about the poor fuckers below him? Martyn is at the top and is worthless without his team.
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They get paid, don't they? (did you ever actually get your redundancy money?)
 
Embattle

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I think consoles will retreat from the high street, I'm fairly sure some of the mixed retailers will throw them out soon since already low margins will almost evaporate with the new consoles since you'll download most games directly. If you bear in mind that I don't really see what exactly GAME would actually be able to do, become another CEX type store?
 
Deebs

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Chilly said:
They get paid, don't they? (did you ever actually get your redundancy money?)
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I was made redundant before GAME enter administration but they never paid me my money. I had to claim from the NI Fund. So no, they never paid me.
 
DaGaffer

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Wij said:
http://www.telegraph.co.uk/culture/...ore-thats-keeping-the-customer-satisfied.html
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The problem with looking to America for examples is rents. The cost per square foot of rents in the US (with the odd exception like Manhattan) is massively lower than in the UK, plus there's no minimum wage, which means stores can afford to work at much lower margins than the UK. Its the primary reason why Gamestop didn't go through the same collapse as GAME (and its telling that GS killed its only UK stores amongst all the the noise of the GAME collapse). The UK commercial property market is going to have to come to terms with a massive correction if the high street has a prayer of survival; its already happening in other European countries (like here in Ireland) but the property owners in the UK are resisting.
 
Shagrat

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It was pretty obvious to see what HMV was doing wrong, the surprising thing was that nobody with any influence at the company actually noticed the same thing!
 
Aada

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Embattle said:
I think consoles will retreat from the high street, I'm fairly sure some of the mixed retailers will throw them out soon since already low margins will almost evaporate with the new consoles since you'll download most games directly. If you bear in mind that I don't really see what exactly GAME would actually be able to do, become another CEX type store?
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Downloading games at their RRP of £49.99? Not going to happen, consoles will be around in shops for a long time.

If one retailer throws them out the others will be happy to take their customers.
 
DaGaffer

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Aada said:
Downloading games at their RRP of £49.99? Not going to happen, consoles will be around in shops for a long time.

If one retailer throws them out the others will be happy to take their customers.
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Gabe Newell would beg to differ.
 
Embattle

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Aada said:
Downloading games at their RRP of £49.99? Not going to happen, consoles will be around in shops for a long time.

If one retailer throws them out the others will be happy to take their customers.
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As glanced on above, the Steam model is the classic example. The games you get via steam are almost always more expensive than getting them else where yet it thrives, it gives a few benefits such as direct downloads, syncing, etc plus the fact an impulse buy is almost immediate and you've no time to think if you actually need it. Naturally there will still be the diehards but that isn't enough to cover the space required to display them in many stores or the high rents of a specialist, places like supermarkets will still probably do a top 10-20 and perhaps offer the usual £25 game when you spend £50 etc.
 
Job

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As a big picture guy..you have to remember the end game for the internet is to replace the entire physical world..with that in mind..this is just the first shot ovr the bow.
 
Shagrat

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Embattle said:
As glanced on above, the Steam model is the classic example. The games you get via steam are almost always more expensive than getting them else where yet it thrives, it gives a few benefits such as direct downloads, syncing, etc plus the fact an impulse buy is almost immediate and you've no time to think if you actually need it. Naturally there will still be the diehards but that isn't enough to cover the space required to display them in many stores or the high rents of a specialist, places like supermarkets will still probably do a top 10-20 and perhaps offer the usual £25 game when you spend £50 etc.
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Don't think I've ever paid more for a game of Steam, it's usually less.
 
Raven

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Same, usually around 29.99 for a new release. Direct downloads are the norm these days, disk media is dead
 
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