British game Retail Group announces plans to close 85 stores in three years

Source: Internet
Author: User
Keywords Game
Tags close company company board company board of directors control game games group
September 29 News, according to foreign media reports, the British game Retail Group Gamegroup announced today, the company plans to close its 85 games in the next three years retail stores.  Gamegroup currently operates two retail brands in game and Gamestation, shutting down 15 game stores earlier this year and reducing the size of 27 stores.  Gamegroup is expected to control the number of its retail stores to around 550 in the next three years to further reduce operating costs. Peterlewis, chairman of the company's board of directors, said Gamegroup's sales in the first half of the year fell markedly from a year earlier. "But we still maintain the leading position in the UK gaming retailing industry, which currently has 635 game stores and 2 retail brands." We will continue to maintain the company's vitality with strict management. He also said that the company has successfully directed up to 70% of its customers to the new retail brand. "We expect to complete the restructuring of the company by Christmas in 2013, and 550 stores will be an appropriate number to ensure lower costs and greater efficiency," he said. "(Digging the shell net)
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