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12/12/2013
All Remaining Blockbuster Stores To Close
All remaining Blockbuster stores are to close after the DVD and games rental business failed to attract a buyer.
The announcement comes after the rental chain confirmed it had entered into administration for a second time in October 2013.
Administrators Moorfields Corporate Recovery announced that all stock will be sold by 15 December, with prices being reduced by up to 90%, and that all stores will now close on 16 December.
It is not clear of what the outcome will be for the 808 staff still employed by the chain.
(MH/JP)
The announcement comes after the rental chain confirmed it had entered into administration for a second time in October 2013.
Administrators Moorfields Corporate Recovery announced that all stock will be sold by 15 December, with prices being reduced by up to 90%, and that all stores will now close on 16 December.
It is not clear of what the outcome will be for the 808 staff still employed by the chain.
(MH/JP)
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