Latest
Results: WWE Smackdown Live 21/11/2017 (November 22, 2017 6:14 am)
Results: WWE Raw 20/11/2017 (November 21, 2017 6:21 am)
First Teaser for Incredibles 2 (November 20, 2017 11:33 pm)
Review: Justice League (November 20, 2017 11:18 pm)
Results: WWE Survivor Series (November 20, 2017 6:15 am)
Results: NXT TakeOver: WarGames (November 19, 2017 8:34 am)
WWE Releases Smackdown Live Superstar (November 15, 2017 7:32 pm)
Confirmed Matches for WWE Survivor Series (November 15, 2017 4:05 pm)
Results: WWE Smackdown Live 14/11/2017 (November 15, 2017 6:25 am)
Results: WWE Raw 13/11/2017 (November 14, 2017 6:51 am)
Wonder Woman Sequel Release Brought Forward (November 13, 2017 8:54 pm)

Blockbuster goes into Administration

Sky News reports that Blockbuster the rental and sales chain is the latest high-street brand to go into Administration.

4,190 jobs are now at risk across its 528 stores. Blockbuster still seem to be honoring gift vouchers for the time being. Sky News quotes a statement from Lee Manning of Deloitte, the firm’s appointed joint administrator:

“We are working closely with suppliers and employees to ensure the business has the best possible platform to secure a sale, preserve jobs and generate as much value as possible for all creditors… The core of the business is still profitable and we will continue to trade as normal in both retail and rental whilst we seek a buyer for all or parts of the business as a going concern.

“During this time gift cards and credit acquired through Blockbuster’s trade-in scheme will be honoured towards the purchase of goods.”

This news follows HMV’s entry into administration just yesterday.

 

Sources: IGN, Sky News
Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInShare on TumblrShare on StumbleUponEmail this to someone

Sometimes writer, wannabe animator and podcast creator that talks far too much. Coleman is a collection of atoms that formed in Gosport and relocated to London.

Comments