Blockbuster in administration
DVD rental chain Blockbuster Entertainment is to fall into administration again after suffering from poor trading, its private equity owner Gordon Brothers Europe said.
DVD rental chain Blockbuster Entertainment is to fall into administration again after suffering from poor trading, its private equity owner Gordon Brothers Europe said.
Around 2,000 jobs are at risk after the new owner of Blockbuster Entertainment said it is putting the DVD and computer games rental chain into administration for the second time this year due to tough trading.
Private equity group Gordon Brothers Europe said 32 jobs will be cut at the chain's Uxbridge headquarters, while 264 stores are at risk as a buyer is sought.
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