Troubled high street chain GAME has secured itself a bit of breathing space by voluntarily putting itself into administration, with the group buying another 10 days to put together some sort of emergency salvage operation.
The possible pre-pack administration, a controversial way of ditching debt and keeping the profitable parts of a business running, could see the chain's presence dropped to 300 shops from its current 1,300. With GAME needing to pay its £21m rent bill and a £12m wage bill before the end of the month, it's up against the clock. And the wall.
However, for us punters not relying on a GAME pay packet, there ought to be some good deals floating about. The company's been running a "Spring Clean" series of discounts recently, which has produced some good bargains thus far.