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Doncaster branch of Blockbuster continues to trade - for now
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The Doncaster branch of crisis hit home movie rental firm Blockbuster is continuing to trade - although there are still question marks over its future.
The store at Sprotbrough Road is not among 129 stores listed to close by administrators called in to run the ailing company.
However, there are no guarantees that the shop will survive with more closures possible over the coming weeks.
The administrators yesterday confirmed plans to close nearly 130 stores over the coming weeks as part of a phased closure, in addition to 31 which had already been put on notice of closure.
During this time there will be a number of closing down promotions across the stores to supplement those already on offer across the estate.
A statement said: “The administrators continue to review the profitability of the store portfolio and announcements of further closures may be made in coming weeks.
“Whilst staff in those stores affected by the closures will be facing redundancy, the closures are not taking place with immediate effect. A dedicated employee helpline is in place and the company is running an Employee Assistance Programme to help those staff facing redundancy find other jobs.”
Stores will remain open for business as usual and customers will be notified in advance of closure so that they can return their outstanding rental items beforehand.”
Lee Manning, joint administrator, added: “Having reviewed the portfolio with management, the store closure plan is an inevitable consequence of having to restructure the company to a profitable core which is capable of being sold. We would like to thank the company’s employees for their support and professionalism during this difficult time. We are also grateful to the customers for their continued support.”
Lee Manning, Matthew David Smith and Neville Kahn, partners business advisory firm Deloitte, were appointed Joint Administrators to Blockbuster on January 16. The firm is the latest High Street casualty following the collapse of HMV and Jessops.
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Weather for Doncaster
Wednesday 19 June 2013
Today
Sunny spells
Temperature: 11 C to 23 C
Wind Speed: 12 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 11 C to 16 C
Wind Speed: 10 mph
Wind direction: East
