More jobs in the balance as Blockbuster goes into administration

15:28 16 January 2013

Under threat: Blockbuster in Howardsgate

Under threat: Blockbuster in Howardsgate

Archant

STAFF at Welwyn Garden City’s Blockbuster have been told their jobs are at risk after the company went into administration this afternoon (Wednesday).

The firm, which has a branch in Howardsgate, has appointed administrators Deloitte, which says it is hopeful of saving the business.

Staff in the store were told not to comment on the announcement this afternoon.

It follows the announcement on Monday that fellow entertainment firm HMV was going into administration.

A statement from Deloitte’s Lee Manning said: “The core of the business is still profitable and we will continue to trade as normal in both retail and rental whilst we seek a buyer for all or parts of the business as a going concern.”

A Blockbuster branch in Hatfield closed in 2011.

The firm has 528 stores across the UK, but has struggled to compete with internet rivals.

0 comments

More news stories

Yesterday, 21:08
The quad bike driver sustained serious injuries and later died in hospital

A 40 year old has died after his quad bike collided with a car in St Albans yesterday (Sunday).

Yesterday, 12:00
Batchwood Bowls Club celebrates 50 years in style with Mayor Salih Gaygusuz and wife Mayoress Maureen attending the event at Batchwood Hall.

The first wood has been bowled at a club which celebrated the start of its 50th anniversary year with a visit from St Albans Mayor.

Sunday, May 1, 2016
Head shave

No-one is wishing that the weather gets warmer than Sam Jacobs after having her head shaved for charity.

Buy tickets now for Jesus Christ Superstar at the Radlett Centre

Following on from the recent successes of ‘Hello Dolly’, ‘Company’ and ‘Children of Eden’ in 2015, the award-winning Radlett Light Operatic Society are bringing another classic to the stage this spring.

Most read stories

Local business directory

Hertfordshire's trusted business finder
HOT JOBS

Show Job Lists

Digital Edition

Image
Read the The Herts Advertiser e-edition E-edition

Newsletter Sign Up