Wednesday, 13 December 2017

Blockbuster in Henley to close

BLOCKBUSTER in Henley is to shut and six members of staff will lose their jobs.

BLOCKBUSTER in Henley is to shut and six members of staff will lose their jobs.

A sister store in Emmer Green, which had five members of staff, has already closed.

?Store closing? banners covered the Market Place shop windows this week and all stock was reduced by up to 50 per cent. No closure date has been given.

The DVD rental chain has already closed 160 of its 528 stores after going into administration last month and last week announced that a further 164 would shut.

This week, supermarket chain Morrisons bought 49 of those stores with the aim of building a new convenience store brand.

A spokesman for administrators Deloitte said: ?We have continued to review the performance of individual stores since our appointment a month ago and have concluded that further closures are necessary in order to restructure the company for sale.

?We are in discussions with a number of parties interested in purchasing all or parts of the business.?

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