GAME Australia goes into administration

[MoNk{LAH}]

Look out for sales soon

http://games.on.net/article/15597/GA...Administration

http://www.atomicmpc.com.au/News/300...australia.aspx

[ni9ht_5ta1k3r]

awww.......not that they have anything good anyways!

[jET_M@X]

mmm firesales... good for stocking up the ol' game library.

[CAPT-Irrelevant]

I should've saw this coming. Skyward Sword went from $99 to ~$50-60 instore shortly after I bought it, and it appears to have been hovering around that price since.

I want Games Wizards back but it might've suffered the same fate but just a change of market identity.

I wonder how Game Traders are going...

[HeXa]

Originally Posted by CAPT-Irrelevant

I should've saw this coming.

pretty hard to not see it coming considering the collapse of the UK stores 6 weeks ago .

[supasaiyan]

http://www.lifehacker.com.au/2012/05...dministration/

some interesting comments - especially about giftcards

[HeXa]

that grinds my gears.... they have already taken the money for the GCs but then refuse to honour them

the posts by Job about GAME making staff push preorders on the weekend is pretty damning.

[mAJORD]

Three's a crowd.

but who's next!

[CAPT-Irrelevant]

Originally Posted by HeXa

that grinds my gears.... they have already taken the money for the GCs but then refuse to honour them

It sounds the same as what BORDERS did, not honouring GCs unless customers match the face value of it, effectively not making any principal use of the GC at all.

[HeXa]

Originally Posted by CAPT-Irrelevant

It sounds the same as what BORDERS did, not honouring GCs unless customers match the face value of it, effectively not making any principal use of the GC at all.

turns out I wasn't 100% correct... similar scheme to your example

We are prepared to honour existing gift cards, gift vouchers and credit notes for most of the products
in our stores or online on the basis that these can only be used for 25% of the total purchase price. For
example if you have a $15 gift card, you are required to spend at least $60 in store or online, in order
to redeem the gift card, with the balance of $45 to be paid in cash.

[CAPT-Irrelevant]

Originally Posted by HeXa

turns out I wasn't 100% correct... similar scheme to your example

It sounds like the 4c-off-per-L fuel vouchers from Woolies and Coles. You only get them if you spend more than $30 in-store.

Seems somewhat more fair enough compared to what BORDERS tried to pull off.

[Sorrow]

Originally Posted by HeXa

that grinds my gears.... they have already taken the money for the GCs but then refuse to honour them

the posts by Job about GAME making staff push preorders on the weekend is pretty damning.

Thats the terms and conditions of gift cards I'm afraid...

[cybathug]

Originally Posted by CAPT-Irrelevant

It sounds like the 4c-off-per-L fuel vouchers from Woolies and Coles. You only get them if you spend more than $30 in-store.

Seems somewhat more fair enough compared to what BORDERS tried to pull off.

Err... No. Not more fair.

Borders required you to match your gift card usage dollar-for-dollar (Ratio of 1:2). i.e. if you wanted to use a $15 gift card, you had to buy something worth $30 and pay $15 cash + $15 gift card.

GAME want you to match your gift card usage at a ratio of 1:4. i.e. if you want to use a $15 gift card, you have to buy something worth $60 and pay $45 cash + $15 gift card.

Them's the breaks of gift cards, though.

[BurningFeetMan]

Originally Posted by CAPT-Irrelevant

It sounds the same as what BORDERS did, not honouring GCs unless customers match the face value of it, effectively not making any principal use of the GC at all.

If I had a $100 voucher, but was advised that I was required to spend $300 to use it, I would simply shoplift the worth of my voucher, and leave it on the floor.

[FalconGT]

Originally Posted by BurningFeetMan

If I had a $100 voucher, but was advised that I was required to spend $300 to use it, I would simply shoplift the worth of my voucher, and leave it on the floor.

I'm sure it's crossed the minds of a few ...

I'm in this situation and trying to decide what to do.. Given that it's a 1:4 spend ratio to use the credit I feel there's a good chance GAME will not make it out of administration.

They're going to block the purchase of PSN cards as well ... no doubt looking to rake in as much 'cash' as possible as quickly as possible with items that have a profit margin.

I'm tempted to buy a PS Vita just to use up the credit, but it's not something I particularly want to do.