DCSIMG

Blockbuster stores in Mildenhall and Thetford survive second round of closures

The administrators of DVD and games rental firm Blockbuster has announced a further 164 stores will close, however branches in Mildenhall and Thetford will remain open.

The troubled retailer entered administration in January and stores in Bury St Edmunds and Stowmarket have already closed.

Following the second round of closures the remaining stores will continue to trade as usual whilst administrators, Deloitte, negotiate the future of the company.

Lee Manning, Joint Administrator, 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 would like to thank the company’s employees for their support and professionalism during this difficult time and we are also grateful for the continued support of customers.

“We are in discussions with a number of parties interested in purchasing all or parts of the business and will update on progress in due course.”

 

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