Gaming Fans Mourn Closure
Shoppers and gaming fans alike are shedding tears as a well-known technology giant, with 240 stores nationwide, closes its town centre branch. The closure of the Barrow location has left fans devastated.
New Location on the Horizon
Despite the closure, there is a glimmer of hope as the store is set to re-open in a new location. The spokesperson for Frasers Group confirmed that the GAME Barrow store will be relocating to a nearby Sports Direct location, offering customers access to more brands under one roof.
High Street Woes
The closure of the GAME store adds to the growing list of high street woes, with many big brand names facing administration and shutting down stores. The impact of the Covid-19 pandemic, high energy costs, and inflation have all contributed to the struggles faced by retailers.
High Number of Store Closures
In recent years, over 10,000 shops closed permanently in 2023, resulting in the loss of almost 120,000 jobs. This trend is a continuation from 2022, when even more jobs were lost and over 17,000 shops closed their doors for good. Retailers are facing challenges in balancing budgets and cutting costs to stay afloat.
Retail Chains in Turmoil
The closure of GAME Barrow is part of a larger trend, with other retail chains like M&Co, Paperchase, Wilko, Ted Baker, and The Body Shop also facing closures and administration. The retail landscape is evolving, with businesses struggling to adapt to changing consumer behaviors and economic pressures.
Did you miss our previous article…
https://hellofaread.com/money/much-loved-asian-restaurant-chain-to-close-all-but-one-venue-in-major-overhaul/
