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Posts tagged Blockbuster

Blockbuster to make a re-licensed return to the UK

2013 saw Blockbuster UK fail to find a buyer after it went bankrupt, so the once prominent DVD and video game rental chain closed its doors in December. However, 2014 is set to see Blockbuster make an unlikely return to the UK, albeit in humbler circumstances. Dish currently owns the Blockbuster...

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The end draws near for Blockbuster UK, 62 more stores closed

Blockbuster UK is likely to follow in the footsteps of the recently defunct US arm, after administrators announced 62 further store closures, with 427 employees laid off as a result. The DVD and game rental chain entered administration (a.k.a. bankruptcy) again earlier this year, and insolvency...

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Blockbuster UK cuts 72 stores as search for buyer continues

Blockbuster UK faces 452 layoffs and 72 store closures, after company administrators announced "necessary" measures for the once-again bankrupt retail chain. Moorfield Corporate Recovery, the company tasked with finding another buyer for the struggling outlet, said it wasn't an easy decision to...

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Blockbuster to close stores, end US retail and mail DVD operations

Blockbuster LLC will conclude its US retail and mail DVD efforts "by early-January 2014," a press release from parent company Dish Network Corporation announced this week. Folding Blockbuster's retail operations will involve closing "approximately 300 remaining US-based retail stores, as well as...

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Sony, Microsoft to honor Blockbuster UK next-gen console pre-orders

Last month, Blockbuster UK announced it was entering administration – the UK equivalent of bankruptcy – and that the store wouldn't honor pre-orders of next-generation consoles. In a post on Facebook, Blockbuster reversed its decision and said both Sony and Microsoft have set aside...

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Blockbuster UK bankrupt again, can't honor next-gen pre-orders

Blockbuster UK is entering administration again, this time under investment company Gordon Brothers Europe. This means Xbox One and PS4 pre-orders through Blockbuster UK will not be fulfilled, the company says in a tweet. Blockbuster UK advises those who pre-ordered a next-gen system in-store to...

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Blockbuster UK finds buyer

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...

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Blockbuster closing 300 US stores

We recognize this is all epilogue to whatever tenuous relationship Blockbuster ever had with games, but Dish Network recently stated it would close 300 Blockbuster locations, with job losses estimated at about 3,000. Dish Network Corp., the company which purchased Blockbuster back in 2011,...

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Blockbuster closures in UK hit 160 stores

Deloitte, the group handling the administration of Blockbuster UK, will close 160 of the retailer's 500 stores. Blockbuster UK went into administration Wednesday, appointing Deloitte to the task of handling the bankruptcy proceedings and finding a buyer for the company. Lee Manning, an...

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Blockbuster UK enters administration

Blockbuster UK has entered administration (UK bankruptcy), with 500 stores and 4,190 jobs hanging in the balance. ITV reports Deloitte, which is also handling the administration of HMV, has been appointed to handle the bankruptcy proceedings and find a buyer. The HMV situation involves 239 stores...

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