By Daniel Hunter
Troubled video game retailer, Game Group, have gone into administration.
The news throws serious doubt over the future of jobs for staff at their stores, which total 1,300, 600 of which are in the UK.
PricewaterhouseCoopers have been appointed as administrators, and they say that Game have suffered from high fixed costs and an ambitious international expansion.
"Despite these challenges, we believe that there is room for a specialist game retailer in the territories in which it operates, including its biggest one, the UK," said one of the administrators, Mike Jervis.
"As a result, we are hopeful that a going concern sale of the business is achievable."
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