Blockbuster closes another 62 stores in the UK, 427 more jobs lost

By Dave Cook, Thursday, 5 December 2013 10:46 GMT

Blockbuster has announced the closure of 62 more stores in the UK, resulting in the loss of 427 jobs. The brand;s administrators have forewarned that further closures may follow.

It follows the announced closure of 72 Blockbuster stores across the UK.

Administrators Moorfields Corporate Recovery issued a statement on the matter today, along with a full list of affected stores and closure dates.

The statement adds, “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. ”

Offering some form of compensation, Moorfields has listed several jobs at Santander, the Co-Operative and Sayers the Bakers, should affected employees wish to apply.

Eurogamer notes that Blockbuster started 2013 with 528 UK and 4190 employees.

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