Select the sticker to Play the Game
Gamestation was a chain of UK retail shops selling used and new video games and was the second-largest specialist video game retailer in the UK until it was acquired by Game in 2007, a group which owns many different gaming stores throughout the UK and Europe. In March 2012 the Game Group went into administration and a number of Gamestation stores including the company's flagship store in Birmingham New Street were closed. Game and Gamestation were purchased from the administrators by OpCapita.
On 14 September 2012, it was announced that the Gamestation brand will disappear with all stores being rebranded as Game. On 18 November 2012, the Gamestation website closed and redirected to that of Game.
Gamestation was founded in 1993 in York and by 2002 it had 64 stores across the UK. In 2001/02 Gamestation was sold during the peak sales period of PlayStation 2 to American video rental giant Blockbuster who invested heavily in an aggressive store roll out program. This, coupled with competitive pricing subsidised by the buoyant video rental market of the time, elevated the chain to second highest market share in the UK games industry; behind Game.
2006 saw their American parent company file massive debts in the region of $560 million, leading to widespread speculation[by whom?] that the company was either rife to a take over or teetering on the edge of administration - however Gamestation was in fact still making healthy profits
No comments:
Post a Comment