'We Would Like To Thank Staff For Their Professionalism'
After several nervy months of administration, struggling retailer Blockbuster will sadly be shutting up shop here in the UK - closing all remaining stores by the end of this weekend.
Blockbuster's shuttered all but 91 of their 508 stores since they re-entered administration, meaning that the final closure will see the remaining 808 staffers lose their positions. We wish the very best to all those affected, especially given the timing, and hope that they'll quickly find themselves new employment.
"It is with regret that we have to make today's announcement, we appreciate this is a difficult time for all concerned and would like to thank staff for their professionalism and support over the past month," administrators Simon Thomas and Nick O'Reilly stated to the Beeb.
"Unfortunately, we were unable to secure a buyer for the group as a going concern and as a result had to take the regrettable action to close the remaining stores."
All stock will be sold off at a 90% discount over the weekend.