{"id":88038,"date":"1999-12-31T00:21:00","date_gmt":"1999-12-30T13:21:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/game-over-retailer-closes-all-oz-stores\/"},"modified":"1999-12-31T00:21:00","modified_gmt":"1999-12-30T13:21:00","slug":"game-over-retailer-closes-all-oz-stores","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/game-over-retailer-closes-all-oz-stores\/","title":{"rendered":"Game Over: Retailer Closes ALL Oz Stores"},"content":{"rendered":"

Game to shut up shop completely in Australia, administrators have confirmed.<\/p>\n\n\n\n
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Click to enlarge<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Game administrators PricewaterhouseCoopers have confirmed that they have made the “difficult decision” to close the remaining 31 stores across its Aussie network, Kate Warwick and Greg Hall, said.<\/p>\n

16 stores will close from today, while the remainder to be closed over the coming weeks and a final closing sale has commenced with discounts of up to 60% in-store and online, due to creditor interests. <\/p>\n

This comes as the gaming giant closed 60 stores nationwide in May after sales crashed, thought to be due to the increasing use of gaming sites via Facebook and other apps. <\/p>\n

Many of these initial closures were in regional locations with most metro stores saved. <\/p>\n

“This is a difficult time for employees and closing the stores was not a decision we made easily. <\/p>\n

“Despite exploring available opportunities for continued trading, the ongoing trading performance and absence of viable offers for the purchase of the business has resulted in these closures,” PwC’s Warwick said. <\/p>\n

 <\/div>\n

PwC said it has been in touch with the Federal Government Department that deals with General Employee Entitlements and Redundancy Scheme (GEERS) and will assist the employees with their applications. <\/p>\n

The second meeting of creditors is scheduled to take place tomorrow in Sydney to decide the future of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Game to shut up shop completely in Australia, administrators have confirmed.<\/p>\n","protected":false},"author":41,"featured_media":93825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,179],"tags":[],"class_list":["post-88038","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-archive","category-retail","post_format-post-format-gallery"],"yoast_head":"\nGame Over: Retailer Closes ALL Oz Stores - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/game-over-retailer-closes-all-oz-stores\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Game Over: Retailer Closes ALL Oz Stores - 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