Being a big gamer, I'd like to put my two cents in.
GAME Group Ltd have been in trouble for a while. They own all of the GAME and Gamestation stores in the UK. They very nearly went into administration due to the banks refusing to give them credit in advance for them to get games from game developers.
The banks have decided to help them out, but only till December this year, after that point, they either have to be able to cope themselves, or they'll die.
Three big gaming companies are now refusing to deal with Game Group Ltd due to non-payment for games they have been receiving (due to them selling them at a higher price than other retailers, they have been failing to meet the required number of sales to pay back the companies in full).
These three gaming companies are Nintendo, EA and Ubisoft. GAME and Gamestation will no longer be offering any future game from each of the three companies, and as such, have cancelled all preorders.
They are not giving refunds because you
do not pay up front. If you paid a £5 deposit (which is instore only) then you will receive that back, via the method you paid (cash, card, etc). Furthermore, they are also handing out £5 store credit to everyone who has been affected as an apology.
All of the preorders that GAME and Gamestation received have now been allocated to other shops, meaning that other stores now have extra stock. This does not mean that your preorder is okay though, you will have to reorder from a different store.
Preorders of the Mass Effect 3 N7 Collector's Edition, which had sold out on GAME and Gamestation's websites, and in stores, had been put up via these retailers yesterday: Zavvi, Amazon UK, Play.com and ShopTo. However, most, if not all, of the stock sold out within hours.
That's pretty much all I have to say
I got my preorder for the CE placed instantly, before GAME had even cancelled mine, to ensure I didn't miss out
xx