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GAME facing credit problems, 'possible stock issues'

But firm insists it will be selling big new games this Friday

Retailer GAME is reportedly facing credit insurance problems that could hamper its ability to stock new releases.

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MCV claims GAME's financial landscape has changed "significantly since the beginning of the year" and that it's currently having to work with individual publishers to find solutions to financing issues.

An anonymous publishing executive told the site: "No credit from the agencies means no stock for the stores. It's going to get worse before it gets better. You won't find a new release this Friday."

However, the retailer told MCV that rumours this week's big releases won't be available in GAME stores are untrue, and that the company's currently processing Metal Gear Solid: HD Collection, Final Fantasy XIII-2 and Soul Calibur V.

GAME also said the non-appearance of Resident Evil: Revelations online last week was down to "website errors" and not credit issues, and denied rumours that staff wages haven't been paid recently.

Earlier this month, GAME Group reported a year-over-year sales decline of 14.7 percent for the eight week Christmas period ended January 7.

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[ SOURCE: MCV ]

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