Struggling retailer GAME Australia has received interest from a number of suitors who may yet save the company.
It entered administration earlier this month, following the UK operation suffering a similar fate back in March. After closing 277 British stores, the remaining 333 locations where saved by an investment group.
Administrators PriceWaterhouseCoopers held their first creditors meeting yesterday, to discuss the interest shown in the retailer, reports GameSpot.
"Despite the very challenging circumstances facing the retail sector, we have received various expressions of interest for parts of the business, including a number of parties expressing interest in the business as a going concern," said PwC partner Kate Warwick.
That means the business could recover from the dire situation and continue to operate as normal.
"We are currently exploring the possibility of achieving a continuity of the business as a going concern with the company's many landlords who appear pivotal to any continuation."
GAME's future in Australia is expected to be known in the coming days.
By Ben Salter - Bio