Game was due to receive first round bids for its overseas operations today and GameStop is likely to be among those interested.
The US giant is likely to cast its slide rule over Game’s overseas store network and could benefit from consolidating its existing infrastructure with that of Game’s, sources familiar with the situation said. The two retailers compete in markets including Australia, Spain and France.
Retail-week.com revealed last week that Game aims to sell its overseas business. Rothschild is handling the process.
GameStop is itself exiting some international markets but is understood to see the Game situation as an opportunity.
The possible sale comes as Game seeks to navigate its way through a challenging games market. As part of a restructure, chief marketing officer Dave Hughes is to leave after less than a year at the retailer. It has also entered into a consultation with 46 staff members at its 400-strong head office. Game said the restructure reflects the growth of its multichannel operations.
Tricia Brennan becomes chief commercial officer while Tom Devine has been appointed director of channels.
On Friday Game won the support of its banks after revising forecast for its full-year loss.
Game declined to comment. GameStop could not be reached.
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