Blockbuster UK finds buyer

4.7
Restructuring and investment firm Gordon Brothers Europe bought Blockbuster UK over the weekend. The multimedia rental and sales chain entered administration in January, a month which also saw Blockbuster's US arm close a further 300 stores. Gordon Brothers Europe acquired the retailer's 264 UK stores, with the BBC reporting 2000 jobs may be saved as a result. How much the sale cost remains undisclosed.

With GAME's troubles of last year, the demises of Blockbuster and HMV left UK high street games retail with worryingly threadbare prospects. The administration process leaves Blockbuster with just over half of the 500 stores it had before, while HMV's high street presence is facing a similar level of cutback. However, both the Telegraph and the Financial Times are reporting restructuring specialist Hilco is close to securing a deal to buy HMV, having taken control of the retail chain's debt.

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Source: http://www.joystiq.com/2013/03/25/blockbuster-uk-finds-buyer/

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"Blockbuster UK finds buyer" :: Login/Create an Account :: 136 comments

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AutopilotPosted:

the next to me shut down :O

TagsPosted:

It's good for games i suppose.

EulerPosted:

doubln4ti0n
PGA It is good to see that blockbuster isn't totally gone :)


I know its a good shop.


Although it may be an unnecessary store nowadays, I would still go and rent a film or whatever every so often, purely for nostalgia.

EulerPosted:

doubln4ti0n
MenTal-_KluTch Man in the US there are closing left and right.


Quite a few in england have closed down as well.


Yeah they've been closing down everywhere in the UK, sad to see them go.

doubln4ti0nPosted:

MenTal-_KluTch Man in the US there are closing left and right.


Quite a few in england have closed down as well.

doubln4ti0nPosted:

PGA It is good to see that blockbuster isn't totally gone :)


I know its a good shop.

doubln4ti0nPosted:

RTE
Euler
PGA It is good to see that blockbuster isn't totally gone :)


Yeah it is, it would have been a shame to see blockbuster go for good! Although the blockbuster near where I live has been shut down and is in the process of being replaced by something else, which is a bit annoying!


Yes me to all of the ones near me are gone.


I still have one kind of near me.

IlIuminatiPosted:

Euler
PGA It is good to see that blockbuster isn't totally gone :)


Yeah it is, it would have been a shame to see blockbuster go for good! Although the blockbuster near where I live has been shut down and is in the process of being replaced by something else, which is a bit annoying!


Yes me to all of the ones near me are gone.

EulerPosted:

PGA It is good to see that blockbuster isn't totally gone :)


Yeah it is, it would have been a shame to see blockbuster go for good! Although the blockbuster near where I live has been shut down and is in the process of being replaced by something else, which is a bit annoying!

PGAPosted:

It is good to see that blockbuster isn't totally gone :)


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