Menu

Blockbuster to close down 160 stores

Last Wednesday Blockbuster management announced that the company was going into administration. Blockbuster has about 528 stores across the UK.  

It is reported that Blockbuster will be closing down total of 160 stores across the UK. Deloitte, the administrators has started working on restructuring the retailer chain. Deloitte is closing down the stores which aren’t making profit and the ones which are still making profit (about 368 outlets) to continue operate for now.

The retail chain is also planning to cut down 760 out of 4,190 workforces as the result of the closure.  Although the redundancies will not be immediate and also the chain has setup helpline and employee assistance programmes.

Read Also

via CVG

JOIN THE DISCUSSION

 

comments powered by Disqus


inFamous: Second Son

inFamous: Second Son’s Paper Trail missions won't give Delsin paper power

inFamous: Second Son’s Paper Trail missions won't …

The developer Sucker Punch Productions has confirmed that Delsin will not rec...

Trials Fusion

Trials Fusion Easter Eggs

Trials Fusion Easter Eggs

​This article contains all Easter Eggs found in Trials Fusion video game. ...

Game Review

FIFA World Cup 2014‏ Brazil Review

FIFA World Cup 2014‏ Brazil Review

​​EA Sports has a knack for capturing big occasions as tantalizing gameplay.&...

GTA V NEWS

GTA 5 Online freeze money exploit fixed, Creator restored

GTA 5 Online freeze money exploit fixed, Creator r…

GTA 5 Online Creator feature has been restored after been deactivate for a da...

CoD: GHOST NEWS

Call of Duty Ghosts Onslaught DLC free to play on PSN over the weekend

Call of Duty Ghosts Onslaught DLC free to play on …

Activision is offering Call of Duty: Ghosts DLC pack Onslaught free to play o...

THE WALKING DEAD NEWS

The Walking Dead: Season Two, Episodes 1-2 Vita trailer

The Walking Dead: Season Two, Episodes 1-2 Vita tr…

The Walking Dead: Season Two, Episode 1-2 for PlayStation Vita trailer h...

Console

China Lifts Video Game Ban: Xbox One, PS4, Wii can be sold in China

China Lifts Video Game Ban: Xbox One, PS4, Wii can…

After years of consoles ban, now China's free trade zone i...

Mobile Games News

Candy Crush developer opens new studio in Japan

Candy Crush developer opens new studio in Japan

Candy Crush Saga developer King has open a new studio in Tokyo, Japan in orde...

Animal Crossing: New Leaf

Animal Crossing New Leaf  - July Holidays and Special Events

Animal Crossing New Leaf - July Holidays and Spec…

Animal Crossing: New Leaf - July Holidays and Special Events ...

WARFACE

Warface out on Xbox 360 along with trailer

Warface out on Xbox 360 along with trailer

Warface, Crytek's explosive free-to-play first person shooter, is now ava...

Technology

Sections

FOLLOW US

Tools

About Us

Top Wiki