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Uncertain future for video stores

Chain: Blockbuster, off Corporation Street, Preston

Chain: Blockbuster, off Corporation Street, Preston

The future of Blockbuster stores in Preston, Leyland and Chorley are under threat.

Administrators have confirmed the closure of 62 outlets up and down the country - which does not include the Lancashire stores, but 91 more could also be doomed if a buyer cannot be found.

Blockbuster had 264 stores and a 2,000-strong workforce when it went into administration last month but these now look likely to have disappeared by the end of the year.

Joint Administrators Simon Thomas and Nick O’Reilly of Moorfields Corporate Recovery LLP have issued the following statement: “Further to our recent statement, we are announcing the closure of a further 62 stores across the United Kingdom and a further 427 jobs as part of the effective phased closure as announced on 28 November.

“Unfortunately we have still not received any acceptable offers so as a result we may be forced to close the remaining 91 stores affecting 808 employees.” This weekend stores in Lytham and Blackpool will close.

 

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