GAME’s Oxford Street store still could close its doors.on May 14th, 2012 at 7:27 pm
According to The Telegraph the retail chain’s flagship store still could close its doors after the landlord, Lazari GP, won a court order last Friday which grants it the power to send in bailiffs and drill out the locks.
Apparently Lazari is still owed the sum of £100,000 in unpaid rent for the unit.
GAME Group administrator PwC has refused to pay the bill, arguing that it only became responsible for the store the day after the rent was due.
New owners GAME Retail Ltd claims it is not liable for the bill - although administrator PwC says that it no longer has a “economic interest”, placing responsibility purely at OpCapita’s feet.
I suspect this will be the first in many more stores closing down as time goes by.
It aint over yet.