SEGA Entertainment’s restructuring plan sadly means they will have to shut down some GameWorks locations. SEGA hopes to open up some of the locations again, after the resturcturing is done.
“Long Beach, CA; Columbus, OH; Detroit, MI; Minneapolis, MN; Indianapolis, IN; Tampa, FL; and Miami, FL. The company has introduced potential new tenants to mall ownership, in hopes that some locations may be reopened in the future.
Hopefully SEGA finds a way to make their GameWorks business a bit more profitable. For the full press release hit the jump.
March 29, 2010 p.m.
“One of the true tests of leadership is the ability to recognize a
before it becomes an emergency.”
GameWorks restructures: GameWorks, which is owned and operated by Sega
Entertainment USA Inc. (SEUI), today announced the restructuring of its
organization as it refocuses its mission on profitability and future
growth. “This challenging economic environment has forced us to make
these tough financial decisions,” said Cory Haynes, President and Chief
Operating Officer of Sega Entertainment USA Inc. He added, “The changes
were necessary for us to move into the future as a robust, exciting, and
viable entertainment company.”
The restructuring will result in the closing of seven GameWorks
locations: Long Beach, CA; Columbus, OH; Detroit, MI; Minneapolis, MN;
Indianapolis, IN; Tampa, FL; and Miami, FL. The company has introduced
potential new tenants to mall ownership, in hopes that some locations
may be reopened in the future. Eight other GameWorks locations, plus
World Sports Grille in Tucson, AZ, will remain open and become the focus
of renewed effort going forward. Those locations are Seattle, WA;
Ontario, CA; Las Vegas, NV; Ft. Lauderdale, FL; Tempe, AZ; Schaumburg,
IL; Cincinnati, OH; and Dallas, TX.
Haynes also said, “We are committed to meeting the changing needs of our
consumers, and to delighting them with a GameWorks experience that is
fresh and exciting. We have complete confidence that our leadership team
and valued employees will continue to deliver an outstanding experience
to our guests
with each visit. Their efforts will lead our financial success.” For
more information, visit (www.gameworks.com). Direct questions may be
e-mailed to (firstname.lastname@example.org); or contact Jamie Slotten,
(770)998-6799, e-mail (email@example.com).
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