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All GAME Australia retail outlets 'to close'

"Absence of viable offers for purchase" to blame

According to a report by MCV Pacific, GAME administrators PriceWaterhouseCoopers have announced that all retail outlets will close over the coming weeks.

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PwC administrator Kate Warwick said in a statement that "the ongoing trading performance and absence of viable offers for the purchase of the business has resulted in these closures".

"In the interests of creditors, the 31 remaining GAME stores are to be closed over the coming weeks and a final closing down sale has commenced with discounts of up to 60 percent available in-store and online."

More details are expected to emerge following a creditor's meeting this morning.

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