BREAKING NEWS: video game retailer closes shop in Rugby’s Clock Towers Shopping Centre with immediate effect after going into administration

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GAME in the Clock Towers is one of 277 stores to close across the country.

The shop was closed with immediate effect after the Game Group went into administration yesterday (Monday).

Today (Tuesday) staff at Rugby’s Game were clearing the store which has a sign in the window saying ‘Goodbye Rugby’.

Administrators PricewaterhouseCoopers (PwC) said 2,074 employees would be made redundant this week. It is not clear how many people worked at the Rugby store.

The remaining 333 stores will stay open as the administrators search for a buyer for the business.

PwC said the job losses and stores closures were required following continued difficulty on the high street.

Mike Jervis, joint administrator and partner at PwC said: “Our priority is to continue trading the business as normal while we continue to pursue a sale. “The recent job losses are regrettable but will place the company in a stronger position while we explore opportunities to conclude a sale. My team and I will be doing all we can to help the affected employees at this difficult time.”

A statement on the Game website said: “Further to our announcements of 21 March, the Board of Game has completed its discussions with lenders and third parties without resolution, and has therefore today appointed PWC LLP to act as administrators for the group. This decision is taken after careful consideration and ceaseless interrogation of every possible alternative. The board would like to thank the teams of Game and Gamestation colleagues around the world for their exemplary dedication, passion and professionalism.”