EB Games announces closure of all stores in New Zealand
5 Articles
5 Articles
Real Concerns As EB Games Shovels Millions Offshore as Losses Mount and Stores Close – channelnews
EB Games has transferred almost $49 million in dividends and related payments to its US parent company, GameStop, despite reporting $11.3 million in losses over the past two years, shutting down its entire New Zealand business, and delaying payments to suppliers for months — raising growing concerns that cash is being prioritised for offshore shareholders over the financial stability of the local operation. The Australian video game retailer is u
EB Games is closing some stores in Australia
It’s not just EB Games in New Zealand that’s closing down its doors; some branches in Australia have also been affected. For Aussie gamers, that means losing access to one of the biggest video game shops in the country. But unlike its Kiwi counterpart, the entire country isn’t affected, as it’s only a select few shops across NSW, Victoria, Queensland, Western Australia, and South Australia. According to Vooks, over 13 EB Games and Zing branches …
A Small Number Of Aussie EB Games Stores Are Closing But There's No Reason To Worry
With the news of EB Games New Zealand closing up shop later this month, naturally, people’s thoughts went straight to EB Games Australia, and even more so with a small number of Australian stores closing this month. We often get word about local stores closing, and the reality of retail at the moment is that it’s not necessarily a big deal in the context of how a company is performing, as it can often be to renovations, or rent raises, or a numb…
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