BLOCKBUSTER is the latest high street firm to have hit the buffers adding to the retail woes of last week.
It was announced today (Jan 16) the DVD rental business had gone into administration and Deloitte has taken over the day-to-day running of the firm.
The company has 4,190 staff spread throughout 528 stores including a branch in Queensway, Petts Wood, a stone’s throw away from the News Shopper office
The retailer follows Jessops which went into administration on January 11 and HMV which did the same three days later.
Deloitte has reportedly said gift cards will be honoured, in a contrast to the controversy which arose when HMV refused to take gift vouchers.
A comment from Deloitte to follow.
What are your thoughts on the retail problems hitting high streets in the News Shopper areas? Call the newsdesk on 01689 885 721 or tweet @Newsshopper
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel