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Submitted by TheLyonKing 641d ago | news

HMV: Retailer Game confirms it wants to buy some stores

Retailer Game has revealed that it is one of the 50 separate groups or individuals who have expressed an interest in buying all, or part of HMV.

Game has asked HMV's administrators, accountancy firm Deloitte, about the possibility of purchasing an undisclosed number of HMV stores.Retailer Game has revealed that it is one of the 50 separate groups or individuals who have expressed an interest in buying all, or part of HMV. (Culture, HMV, Industry)

iamnsuperman  +   641d ago
Game wants to buy some stores from HMV. I swear they were in administration barley half a year ago.
Genuine-User  +   641d ago
Exactly :s
aiBreeze  +   641d ago
And going by their current prices, I really can't imagine them doing much better off than this time last year either.
Kran  +   641d ago
"Want" doesn't always mean "they will". They could just be talking out of context.

"I want some sweets". Doesn't mean the parent will give them any.
fossilfern  +   641d ago
and theres a HMV right beside GAME in belfast. I mean there is a wall separating the two stores...
Erudito87  +   641d ago
ohhh game how sweet your demise will be run by complete idiots
tigertron  +   641d ago
So a failing company buys another failing company. I swear these companies are run by monkeys.
C L O U D  +   641d ago
Both these shops are terrible...

There more of a last resort type of place for me when I can't be asked to wait for a game to be delivered...
#5 (Edited 641d ago ) | Agree(1) | Disagree(0) | Report | Reply
silvacrest  +   641d ago
how in the world is game still in existence and HMV isn't?

HMV pretty much sold the same stuff but with a load of other items as well
DOMination-  +   641d ago
Generally; a specialist is more likely to survive than a company that's panicking and trying to sell everything. The problem with games is that they are both selling them at the cheapest they can. Game would normally pay 35 per unit. After factoring in staff and rent, there's not a great deal of profit.

Of course Amazon has less of these costs but they operate close to the line. They make huge turnover but actually quite small profits. The industry is tough when publishers are so greedy. The same can sadly be said for music and movies
Cam977  +   641d ago
I finally picked The Hurt Locker for £3 from HMV today; they had a few good offers but a lot of them were poor. If you like box sets I suggest you check out their sale.

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