Videogame retailer GAME has confirmed that it plans to shut down its flagship store on Oxford Street in London
GAME states that the reason it's closing down its main retail outlet in London's West End is because its lease on the premises has just expired. The retailer denied that move was part of a new wave of store closures.
GAME released a statement about the closure saying: "We can confirm that we will be closing our Oxford Street store on 8th September 2012 due to the expiration of the lease."
"Our West End customers can visit our concession in Hamleys on Regent Street, our flagship store in Westfield Stratford, or our websites at http://www.game.co.uk or http://www.gamestation.co.uk. We also have stores in Hammersmith, Surrey Quays, and Westfield White City.
"We're actively looking at other retail options in the West End, and the Oxford Street team have been temporarily relocated to other stores across London and the South East."
Gamesindustry.biz reported that the Oxford Street shop's landlord, Lazari GP, was granted the right to evict GAME earlier this year in May. The dispute regarded 3 months of advance rent that it was claimed GAME owed, totalling £100,00.