Update: We are now able to confirm the our earlier report, that EB Games will be purchasing the retail chain “The Gamesman“. ButtonMasher have it on good authority that the changeover at the retail level will happen on Monday 14 July, although it is unclear at this stage when the rebranding of stores will be occurring. Now would be an extremely good time to cash in any remaining Gamesman gift vouchers – there could be no guarantee that these will be valid at EB Games from 14 July onwards.

Also, the talk in the industry today is that The Gamesman’s online store (www.gamesman.co.nz) will remain open for business even after the acquisition of the retail stores. This will be of some relief to gamers who fear that this latest business takeover leaves little choice in the New Zealand gaming market from specialist stores. However this news will not be of any comfort to other competing webstores in New Zealand.

ButtonMasher has been told unofficially that New Zealand’s largest independent gaming store (“100% KIWI owned and managed”) is going to be bought out by retail giant EB Games. This follows the demise earlier this year of the GamesPlus stores, which were born from the failed Central Park Interactive.

First E“A” and now E“B”. Each engulfing smaller independent companies in their quest for global domination. While there remains a reasonable degree of competition from non-specialty stores, this latest news will basically mean that for most New Zealanders, a “gaming store” will become synonymous with “EB Games”. Will somebody please think of the children! (viz. future GTA gamers)

Our sources have been told that all 8 stores in Auckland, Tauranga, Palmerston North, Wellington, and Christchurch, will be rebranded and refitted as EB stores by late July. These centres all have current EB Games stores, but the official word (as presented to staff members) is that there will be no job losses. However as we all know, these can hardly be taken as reassurances. More than likely, EB stores will just not replace staff as they resign, and leave the downsizing until this has happened. And in areas where two stores are not justified, it is hard to see this not happening.

ButtonmMasher tip: Make sure that you cash in any remaining Gift Vouchers you might have.