Henley Standard Property
HOME

Date:

Order your copy Advertise with us! HENLEY PAGES
Delivering the news from Henley on Thames and South Oxfordshire for over 100 years
  News     Sport    Celebrity   What's On Regulars Community Info Henley Standard TV Lifestyle Property Jobs Classifieds Gallery Trade
                               Follow us    Follow us    Newsfeed Search the Henley Standard  
Another high street chain fails
Published 21/01/13



THE future of the Blockbuster shop in Henley is uncertain after the entertainment chain went into administration.

The Market Place outlet is one 528 stores nationwide employing 4,190 staff.

Accountancy firm Deloitte is now running the business and says it hopes to keep trading during the search for a buyer. It said Blockbuster had been affected by competition from internet-based film services.

Lee Manning, of Deloitte’s restructuring services practice, said: “We are working closely with suppliers and employees to ensure the business has the best possible platform to secure a sale, preserve jobs and generate as much value as possible for all creditors.

“The core of the business is still profitable and we will continue to trade as normal in both retail and rental while we seek a buyer for all or parts of the business as a going concern. During this time gift cards and credit acquired through Blockbuster’s trade-in scheme will be honoured towards the purchase of goods.”


Blockbuster is the third high street business in a week to fail after Jessops and HMV also went into administration.

Published 21/01/13

MOST POPULAR
Exciting Literary Festival programme planned
Henley rocks at Music on the Meadows
Primary celebrates 70th anniversary
One-of-a-kind play area opens in Henley
Rush hour accident closes Reading Road
Henley Rowing Club’s GB junior eight triumph
Local philanthropist causes feminist stir
Businesswoman quits to curry favour
LATEST BUSINESS NEWS HEADLINES
When will you own your place outright?
Cheers! Drinkers raise 800
Buyers are on the move
Surveys can save cash
Elegant home full of history
House with history
Colonial-style family home enjoyed by generations
Latest Video View more from   Henley Standard TV
ADVERTISE WITH US
LATEST SPORTS HEADLINES
Local athletes in action at Commonwealth Games
Woods in seventh heaven as visitors grab win
Hogan misses out
Hard-hitting Latter leads Nettlebed to victory
Valley Road students claim podium finish
Top Videos
 
Most Popular
 
 
 
 
Higgs Group
HIGGS GROUP
Tel: 01491 419400
www.higgsgroup.co.uk
HENLEY PAGES
Tel: 01491 419419
www.henleypages.com
HIGGS PRINTING & DESIGN
Tel: 01491 419429
www.higgsprinting.co.uk
HIGGS OFFICE SUPPLIES
Tel: 01491 419499
www.higgsofficesupplies.co.uk
HENLEY LIFE MAGAZINE
Tel: 01491 419449
www.henleylife.co.uk
HIGGS GROUP, Caxton House, 1 Station Road, Henley on Thames, Oxfordshire, RG9 1AD.

Cookie Policy | Copyright and Terms | Competition Rules | Contact Us | Advertise with us | Site Map
© Higgs & Co (Printers) Limited 2013  |  Registered in England number 1418717