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16/01/2013
Blockbuster Latest To Go Into Administration
DVD rental firm Blockbuster has become the latest UK high street firm to go into administration.
The chain has 528 stores employing 4,190 staff.
Deloitte, the accountancy firm which will now take over the day-to-day running of the firm, said Blockbuster had been affected by competition from internet-based film services.
The stores will keep trading while the administrators try to find a buyer.
(H)
The chain has 528 stores employing 4,190 staff.
Deloitte, the accountancy firm which will now take over the day-to-day running of the firm, said Blockbuster had been affected by competition from internet-based film services.
The stores will keep trading while the administrators try to find a buyer.
(H)
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