DCSIMG

Three Bridges Blockbuster spared axe

Blockbuster in Three Bridges has been spared from a second round of store closures.

It was announced today (Wednesday February 13) that 164 stores are to shut - on top of 160 already confirmed closures.

The Crawley store is one 204 remaining branches spared the axe by administrator Deloitte.

Blockbuster UK went into administration last month after struggling against online competitors.

Joint administrator Lee Manning 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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Thursday 23 May 2013

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