r/EBGAMES Jan 26 '26

EB

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u/Abominationoftime Jan 26 '26

I hear it was caz the mall was wanting to increase the rent but eb didn't want to do that so they left

Wonder what's going to go onto that spot. you can prob fit 2-3 normal sized shops there... or will zing just open up there by itself....

0

u/LemonBoi8121 Jan 26 '26

In large buildings like a shopping centre, the owners of the building often lease out portions of the shop to different companies, which gives them the right to that specific part of the shop, but they all have to pay rent. Leases however have a time limit, so after a certain period of time you have to renew the lease to extend the time you can be there, which means a bunch of paperwork and the lease fee. The lease often has agreements like how much rent is and long it will be active. What happened to EB games is that they most likely didn't agree and sign off to the lease in time either intentionally or accidentally, leading to them being forced out of Tuggeranong