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Administrators Moorfields Corporate Recovery has confirmed that 72 of Blockbuster’s 264 stores are to close. As a result 452 of the chain’s 2,000 strong workforce are to lose their jobs. "This has not been an easy decision to make and we acknowledge that, with Christmas on the horizon, this will …
Read More »Blockbuster appoints administrator, parties interested in ‘parts’ of the business
Moorfields Corporate Recovery has been officially appointed as the administrator of Blockbuster. The retailer confirmed at the end of last month that it planned to re-enter administration, with owner Gordon Brothers Europe admitting that it could see no recovery from a period of poor trading performance”. Retail Week reports that …
Read More »300 Blockbuster US stores to close as chain ceases all domestic operations
Blockbuster has announced it will effectively shut down in the US. CNN reports that the chain will cease all domestic operations and shut down approximately 300 shops and distribution centers across the country. Stores will be closed by January, and the Blockbuster By Mail program will end in mid-December. Blockbuster’s …
Read More »Man stages Blockbuster megaphone protest to get PS4 refund
One disgruntled Blockbuster customer took matters into his own hands when told he could not receive a refund for his PS4 pre-order. Blockbuster confirmed just hours after announcing its intention to re-enter administration that next-gen pre-orders would be refunded in full. But the BBC reports that the 31 year-old Adam …
Read More »Blockbuster promises next-gen console pre-order refunds
Troubled UK retailer Blockbuster WILL refund customers who have paid for PS4 or Xbox One pre-orders. Having announced its intention to re-enter administration yesterday, the chain’s Twitter feed was responding to pre-order enquiries with what could easily have been interpreted as non-committal statements. However, it has now categorically stated that …
Read More »Blockbuster won’t honour PS4 or Xbox One pre-orders
Troubled retailer Blockbuster has confirmed that it will not be honouring PS4 or Xbox One pre-orders. The chain announced its intention to re-enter administration earlier today. It has this afternoon been asked a number of times on Twitter about next-gen console pre-orders, to which it has been replying: We are …
Read More »All 264 Blockbuster stores to continue trading as buyer is sought
Blockbuster has said that all of its 264 UK stores will continue trading for the time being while a buyer for the chain is sought. However, 32 redundancies have already been made from its UK head office. It was announced just moments ago that Blockbuster UK is to enter administration …
Read More »Blockbuster to re-enter administration
Entertainment retailer Blockbuster is to enter administration for the second time in the UK. Current owner Gordon Brothers says the move arrives on the back of what it describes as poor trading” in the UK. The chain first entered administration back in January, threatening its 528 stores and 4,190 workers. …
Read More »GTA V UK midnight launches balloon to almost 2,000
There will now be almost 2,000 stores opening on Monday night to herald the launch of Grand Theft Auto V. It could well be the biggest game of the year, in fact, the team over at GAME think it might be the biggest game launch of all time. And retailers …
Read More »Get Grand Theft Auto V for free with Blockbuster trade-in deal
Blockbuster has revealed its own Grand Theft Auto V trade-in offer. Customers can trade-in any two games from a list of titles (that can be seen below) and get the game for nothing. The deal is limited to Xbox 360 and PS3 only. It also confirmed that 248 of its …
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