Deathwatch: Blockbuster disappears from the British high street

12 December 2013

Blockbuster_1 After a gallant but ultimately futile fight, Blockbuster will now disappear from the streets of Britain after 25 years in the business after administrators couldn't find a buyer for the chain.

Stores have already been closing around the UK, but on Monday, the last 91 shops will close for good, taking 808 jobs with it.

For the scavengers, stock will have to be sold by Sunday and there'll be discounts of up to 90%.

Administrators at Moorfields Corporate Recovery said in a statement: "It is with regret that we have to make today's announcement, we appreciate this is a difficult time for all concerned and would like to thank staff for their professionalism and support over the past month."

"Unfortunately, we were unable to secure a buyer for the group as a going concern and as a result had to take the regrettable action to close the remaining stores."

TOPICS:   High Street News

6 comments

  • Spencer
    Surely the only people that are bothered by that - are the 808 employees?
  • Tits M.
    Not sorry about the Derby store, bunch of twats accusing me of not returning and threatening debt collection. Karma's a bitch.
  • SamDaMan
    Isn't blockbuster also the company that owns Xtravision ? If so will they close also
  • Gr E.
    Oh what a difference...
  • jo
    About time
  • Delenn
    @SamDaMan No, hmv own Xtravision these days, and in fact, some Xtravision stores are now co-branded with hmv.

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