Blockbuster UK finds buyer

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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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IglesiasPosted:

In Los Angeles the closest BlockBusters to my house are gone. It's been 2 - 3 years now. Everyone here has Netflix haha.

MitzzPosted:

i dont even know where my nearest blockbuster is haha

SnugPosted:

AWSOMENINJA
Smurfs
Zyme
Woobie What a bad idea, Blockbuster is a dying business.
Where I live it is quite popular


The one near my house wasn't very popular, and it ended up shutting down.


i think that shut down most of them in us due to that same reason which really sucks it was a good renting place
Yeh they shut down quite a lot but there a few still open

SnugPosted:

Smurfs
Zyme
Woobie What a bad idea, Blockbuster is a dying business.
Where I live it is quite popular


The one near my house wasn't very popular, and it ended up shutting down.


Unlucky mate , Blockbuster is a great all round shop

MusketPosted:

Smurfs
Zyme
Woobie What a bad idea, Blockbuster is a dying business.
Where I live it is quite popular


The one near my house wasn't very popular, and it ended up shutting down.


i think that shut down most of them in us due to that same reason which really sucks it was a good renting place

CearnsyPosted:

ReversuhL Is Blockbuster still big in the UK?


Where i live its pretty big so i would say yeah but it has financial problems at the minute so not as big as it was

Soldier_Posted:

Vlif :( and they will probably go out of buisness.. kids in the next generation will never know what a movie store is xD


Well maybe an online movie store lol

Soldier_Posted:

Smurfs
Zyme
Woobie What a bad idea, Blockbuster is a dying business.
Where I live it is quite popular


The one near my house wasn't very popular, and it ended up shutting down.


There used to be womanly in my city lol now hey all are closed lol

SmurfsPosted:

Zyme
Woobie What a bad idea, Blockbuster is a dying business.
Where I live it is quite popular


The one near my house wasn't very popular, and it ended up shutting down.

PoonPosted:

:( and they will probably go out of buisness.. kids in the next generation will never know what a movie store is xD


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