National video game retailer GAME will not reopen in Bangor after the lockdown, the store has announced.
Despite the easing of lockdown in Wales, which allows ‘non-essential’ retail businesses to open on Monday April 12, news of the Bangor store’s permanent closure was confirmed on Twitter this afternoon.
A Tweet from Llandudno’s GAME Store said: “Unfortunately Game Bangor will not be reopening, but Game Llandudno will be open from 9am on Monday.”
When asked if the store was closing permanently, the Twitter account replied “In Bangor I’m scared then”.
The closure is another blow to Bangor High Street following recent closures of Top Shop, Body Shop, H&M, Peacocks and the impending closure of Debenhams, which is expected to reopen for a stock clearance before closing permanently.
The origins of the GAME company date back to the founding of the Rhino Group by Terry Norris and Bev Ripley in 1992. A number of mergers and acquisitions followed during the 1990s, and in 1999 the company was purchased by Electronics Boutique Limited , which renamed itself The Gaming Group. The company continued to expand through the 2000s, buying several retailers including Gameswizards in Australia.
In March 2012, several vendors, including Nintendo, Electronic Arts, and Capcom, refused to supply their latest products due to concerns about Game’s creditworthiness. The game then entered administration on March 26, 2012, and was purchased by OpCapita the following week. Baker Acquisitions was later renamed Game Retail Ltd.
The company operated in the UK under the GAME and Gamestation brands from its acquisition of the latter in May 2007 until late 2012 when it was announced that the business would focus solely on the Game brand. .
GAME Digital plc reported a loss of £10.4 million for the 12-month period from July 2016 to July 2017 in its annual results.
In June 2019, Game Digital agreed to takeover the company from Frasers Group for £52m.