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More Solihull borough jobs at risk after Blockbuster goes into administration

The future of three local Blockbuster stores remains uncertain following plans to close 129 of the company’s outlets

Blockbuster
Blockbuster

The future of three local Blockbuster stores remains uncertain following plans to close 129 of the company’s outlets.

While the branches in Shirley, Acocks Green and Castle Bromwich are not among those to have been axed, administrators Deloitte have warned there may be further closures in the coming weeks.

The DVD rental chain, which first opened its doors to the public in 1989, has become the latest high street retailer to fall victim to the recession - camera store Jessops closed its doors recently and HMV has also hit the buffers after a tough Christmas period.

Lee Manning, joint administrator and partner in Deloitte’s Restructuring Services practice, said: “In recent years Blockbuster has faced increased competition from internet based providers along with the shift to digital streaming of movies and games.

“We would like to thank the company’s employees for their support and professionalism during this difficult time. We are also grateful to the customers for their continued support.”

 

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