JOBS at four Comet country stores are at risk after it was announced today (Wednesday) that Blockbuster is set to go into administration.

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The DVD and video games company has 528 shops in the UK, including outlets in Stevenage, Hitchin, Letchworth GC and Henlow Camp.

In total, the business, best known for its rental service, employs 4,190 staff, with an average of five jobs per store.

Administrator Deloitte said the move was a result of increased competition from rival online businesses.

Stores will trade as normal while a buyer is sought, with gift cards and credit acquired through Blockbuster’s trade-in to be honoured.

4 comments

  • Unlike HMV and Jessops at least customer obligations are being met. Hopefully staff will be looked after too.

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    patrick newman

    Wednesday, January 16, 2013

  • Is there any item of news that Mr N deems unworthy of comment ? I am frankly surprised that he hasn't crowbarred in a criticism of Stevenage Council in here as well.

    Report this comment

    Ric Euteneuer

    Thursday, January 17, 2013

  • Ric thank you for reading my comments. Do you have something interesting to say about anything?

    Report this comment

    patrick newman

    Thursday, January 17, 2013

  • Patrick you are the most prolific poster here. No-one even comes near you for volume or content.

    Report this comment

    Ryszard

    Thursday, January 17, 2013

The views expressed in the above comments do not necessarily reflect the views of this site

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