Dozens more jobs to go as Blockbuster appoints administrators
THE downturn on the high street has claimed yet another high-profile victim.
Film rental chain Blockbuster is the latest firm to go into administration putting dozens more jobs in the Bristol area under threat.
The news comes just days after HMV hit similar problems and the camera chain Jessops went out of business. Blockbuster has four shops in the Bristol area – in Filton, Fishponds, Horfield, Shirehampton and Ashton, and a store in Weston-super-Mare.
Nationally more than 500 stores are under threat employing around 4,200 staff. Around 70 people work in the Blockbuster chain in the Bristol area.
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The rise of internet shopping and new firms offering downloadable films is being blamed for the demise of both Blockbusters and HMV. Both have struggled to pay their bills in the wake of disappointing Christmas sales.
Lee Manning, Matthew David Smith and Neville Kahn, partners at accountancy firm Deloitte, have been appointed administrators.
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