I can't say I will miss Game. It has always been a bit bland and overly corporate to me.
To be honest I have never forgiven them for replacing Electronics Boutique, a favourite of my childhood

Gamestation I have always loved. When the first one opened in Edinburgh it had masses of retro games and until I moved away around 6 months ago they still had a selection (the section had diminished considerably since the game takeover) and it was possible to get some interesting stuff - I bought a PC-Engine there once. Also, as a result of their lack of market knowledge and generalised pricing it was possible to pick up some real bargains, although this did begin to tighten up.
The news isn't surpirsing as the others have said the times they are a changing and these companies never really managed to stay in the game.
It's a shame for the staff though who are the ones that will suffer the most.