GAME Sweden Declares Bankruptcy - News
by William D'Angelo , posted on 10 June 2015 / 3,623 Views
Retailer GAME sold its Scandinavian stores to Nordic Games in 2012, and Nordic Games was subsequently able to secure a license to use the GAME brand.
Now, just three years later, GAME Sweden has declared bankruptcy. 31 GAME stores will be closed in Sweden and Norway. This follows Nordic Games announcing last month that it would be reconstructing its business.
The company handling the bankruptcy is now looking to secure the most value possible for the sale of the chain's assets. 127 people are expected to lose their jobs.
Thanks MCVUK.
________________________________________________________________________________________
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
