Horsham Blockbuster to be axed
Blockbuster will be latest casualty in Horsham town centre with the East Street store earmarked for closure.
The rental chain fell into administration last month, with Deloitte announcing the closure of 164 additional stores on Wednesday.
Administrators could not confirm how many jobs would be lost or the exact date of closure.
There will be a number of closing down promotions across the stores to supplement those already on offer.
Staff in the stores affected will be facing redundancy. A dedicated employee helpline is in place and the company is running an Employee Assistance Programme to help those staff facing redundancy find other jobs.
Closing stores will remain open and customers will be notified in advance of closure so that they can return their outstanding rental items.
The standard rental terms and conditions remain in place during this time.
Lee Manning, joint administrator, said: “We have continued to review the performance of individual stores since our appointment a month ago and have concluded that further closures are necessary in order to restructure the company for sale.
“We would like to thank the company’s employees for their support and professionalism during this difficult time and we are also grateful for the continued support of customers.
“We are in discussions with a number of parties interested in purchasing all or parts of the business and will update on progress in due course.”
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Tuesday 21 May 2013
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