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Blockbuster store to close

By Burton Mail  |  Posted: February 18, 2013

By MARK MCKAY

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THE recession has claimed another big scalp after a DVD rental giant announced it Burton store will close its doors.

National chain Blockbuster has announced it will close its Burton store, in Orchard Street.

The store’s future had hung in the balance since company plunged into administration last month.

It was hoped that Deloitte, the a accountancy firm which took over running the business, would keep the store trading while it tried to find a buyer.

Last week the administrators announced 164 stores across the country would close leaving thousands of staff with the bleak prospect of redundancy.

It has not been announced when the store will close its doors but it will keep trading in the meantime.

Chris Plant, director of Burton and district chamber said the store’s closure and job losses were regrettable.

He said: “We regret to hear of the closure and job losses, especially in these straitened times

“The expected Christmas revival did not happen, and major high street firms are now going to the wall.”

Mr Plant added the Government must give opportunities for businesses to promote the retail market.

Yesterday it was announced Morissons had bought 49 Blockbuster stores but it is not known if the Burton store is one of them.

The closure of the Blockbuster store is a continuation of the bloodbath on the high street which has already claimed several big name stores in Burton over recent months.

The town has already lost Jessops and Comet while HMV announced it will close its Burton store within the next two months. Clothing store Republic, which has a Burton store, also called in administators last week.

Lee Manning, a partner at Deloitte overseeing Blockbuster, said the closures were necessary in order to ‘restructure the company for sale’.

He said: “We would like to thank the 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 and will update on progress in due course.”

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