{"id":7887,"date":"2010-09-28T08:25:15","date_gmt":"2010-09-28T15:25:15","guid":{"rendered":"http:\/\/www.dfcint.com\/dossier\/?post_type=news&#038;p=7887"},"modified":"2018-08-02T21:50:22","modified_gmt":"2018-08-02T21:50:22","slug":"game-shutters-stores","status":"publish","type":"post","link":"https:\/\/www.dfcint.com\/dossier\/game-shutters-stores\/","title":{"rendered":"U.K. Retailer GAME Shutters Stores"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" class=\"alignleft size-full wp-image-12296\" src=\"http:\/\/www.dfcint.com\/dossier\/wp-content\/uploads\/2010\/09\/GAME-Logo-L.jpg\" alt=\"GAME Logo-L\" width=\"375\" height=\"217\" \/>SEPT. 28, 2010 \u2022 Retailer GAME, based in the U.K. plans on trimming its locations from 635 to 550 during the next three years.\u00a0 The firm is also seeking smaller five-year lease terms on its properties, compared to the seven-year terms it had preferred previously.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><em>Impact: GAME is a dedicated brick and mortar retailer that competes directly with GameStop.\u00a0 In 2007, GAME acquired competing specialist retailer Gamestation.\u00a0 At the time there were concerns that GAME was acquiring a monopoly.\u00a0 Never mind the potential competition from traditional retailers like GameStop looking to enter the market, GAME&#8217;s biggest issue is the increasing movement to online distribution.\u00a0 GAME reported that first half 2010 sales were down 9.6%, less than the overall industry.\u00a0 However, it is also true that after the Gamestation acquisition there were simply too many stores, many of them very close to each other.\u00a0 So closing some down makes perfect sense.\u00a0 The biggest issue is with a declining sales price could GAME become an acquisition target for a company like GameStop.<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEPT. 28, 2010 \u2022 Retailer GAME, based in the U.K. plans on trimming its locations from 635 to 550 during the next three years.\u00a0 The firm is also seeking smaller five-year lease terms on its properties, compared to the seven-year terms it had preferred previously. Impact: GAME is a dedicated brick and mortar retailer that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[313,110,78],"tags":[282,84],"_links":{"self":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/7887"}],"collection":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/comments?post=7887"}],"version-history":[{"count":8,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/7887\/revisions"}],"predecessor-version":[{"id":16751,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/7887\/revisions\/16751"}],"wp:attachment":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/media?parent=7887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/categories?post=7887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/tags?post=7887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}