Hi: 10° Lo:5°
Wednesday 13 February 2013 Updated: 14/02 15:14
A BLOCKBUSTER store in Worcester city centre has avoided the latest wave of closures at the crisis-hit DVD and video game rental chain which went into administration last month.
Adminstrators Deloitte have today (Wednesday) announced it is to shut another 164 stores over the coming weeks as part of a phased closure.
But they confirmed the Blockbuster on Shrub Hill Retail Park was not among those facing the axe as administrators try and find a buyer for the company's surviving stores.
We reported last month how Blockbuster on Ambleside Drive in Warndon was named among an initial 129 store closures, meaning the loss of about five jobs.
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.”
PEOPLE have until the end of the month
A HISTORIC corner of Worcester was the height
TESTS for horse meat in school meals across
MORE THAN 680 people were caught watching TV
ANGER has greeted news Stratford Town Trust is looking to ...
FIREFIGHTERS battled a serious blaze which broke out on the ...
AN ELDERLY benefits cheat has been ordered to complete 60 ...