Tag Archives: blockbuster

Blockbuster abandons $1bn bid for Circuit City

Blockbuster has dropped its bid to buy US electronics retail giant Circuit City. The entertainment chain, which made the offer in April, cited difficult market conditions. "We continue to believe in the strategic merits of a consumer retail proposition that would bring media content and electronic devices together under one …

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Blockbuster to launch games-only stores?

Blockbuster is ready to become big-name contenders in games retail as each looks to steal market share with the opening of new games-focused stores. In a move that will raise eyebrows at GAME Group HQ, Blockbuster is ready to grab back the revenue stream it lost after selling off its …

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Blockbuster expands games offering in US

Blockbuster Entertainment is to expand its video games offering across all of its corporate-owned US stores. The American entertainment giant has confirmed that it will sell games and hardware for Sony, Microsoft and Nintendo’s gaming platforms in its outlets. The expansion will also increase the amount of gaming software in …

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Blockbuster makes $1bn offer for Circuit City

Blockbuster has launched a bid for US retailer Circuit City worth more than $1 billion, with the entertainment retailer suggesting that the move would help it compete more efficiently with the likes of Best Buy and Apple’s retail operations. Blockbuster’s chief executive James Keyes claimed that the combined company, which …

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360 bundle madness grips retail

Multiple retailers are offering Xbox 360 bundle deals to coincide with the today’s price drop. Several of these offers are promoted in today’s Metro newspaper, which includes deals from Zavvi, Argos and Blockbuster. Zavvi is offering an Xbox 360 Pro, with copies of Assassin’s Creed, Lost Odyssey and Halo 3, …

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Blockbuster acquires stranded ChoicesUK stores

The administrator of ChoicesUK has confirmed that Blockbuster has bought out 59 of the troubled retailer’s outlets. PricewaterhouseCoopers has revealed that the stores will be rebranded under the Blockbuster name. The sale will secure employment for approximately 450 employees across the UK. However, 80 ChoicesUK stores remain without a buyer …

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