Evesham's Blockbuster store to remain open

By Nigel Slater Monday 21 January 2013 Updated: 25/01 14:07

EVESHAM's Blockbuster store is to remain open despite more than a hundred units facing closure after the company fell into administration.

Bosses from the UK arm of the rental chain announced last week it had appointed administrators to take control of the company putting at risk hundreds of stores across the UK.

But the Observer has been told Evesham's High Street store will stay open despite administrators Deloitte announcing at total of 129 stores were to close as part of a phased closure in addition to the 31 shops which were already put on notice for closure.

Lee Manning, Matthew Smith and Neville Kahn, partners at Deloitte, the business advisory firm, were appointed joint administrators to Blockbuster Entertainment Limited and Blockbuster GB Limited.

Lee Manning, joint administrator, said: “Having reviewed the portfolio with management, the store closure plan is an inevitable consequence of having to restructure the company to a profitable core which is capable of being sold.

"We would like to thank the company’s employees for their support and professionalism during this difficult time. We are also grateful to the customers for their continued support.”

Share This

Popular »

1 Linkin Park among latest releases

2 Truck show ready to stop in town

3 Evesham to host major naval festival

4 Street art covers Croome

5 Hairdressers hosts Heritage draw

More news »

School lobbies MP on funding

PUPILS and staff at a Vale school lobbied

Heartbreak as Forest School is vandalised

CHILDREN and staff at a Vale Children's centre

Man charged over death of motorcyclist

A MAN has been charged with causing the

Television stars pay visit to Croome Court

BBC SPORT presenter Clare Balding and Pershore singer

Regional news »


Leamington Observer
Crime victims to have say on punishments

VICTIMS of crime in Warwickshire can now have a say ...

Stratford Observer
More than £1.2million spent by SDC on planning appeals

MORE than £1.25 million has been spent on planning appeals ...

Redditch Standard
Thousands sample food at Alcester

THOUSANDS of visitors descended on Alcester as part of its ...

Worcester Observer

Visit the Worcester Observer website for the latest.