UK retailer GAME's profit forecast has been slashed after it admitted failing to match the level of pre-Christmas sales recorded last year.
GAME's share price tumbled by 34 per cent after the chain's announcement its UK revenue was down 11.4 per cent from 2014.
Over the 21 weeks leading up to 19 December, GAME's total revenue fell 6.7% to £466.8m, BBC News reported.
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GAME's share price tumbled by 34 per cent after the chain's announcement its UK revenue was down 11.4 per cent from 2014.
Over the 21 weeks leading up to 19 December, GAME's total revenue fell 6.7% to £466.8m, BBC News reported.
Read more…
More...