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

12:00
Jane Sims with Adam, now four and Bethany, now six

A breast cancer survivor from Harpenden who was misdiagnosed will be braving a 5k run for both herself and her mum who died of the disease six years ago. Jane Sims, who has lived in the Crabtree area of Harpenden her whole life, will be taking part in St Albans Race for Life on July 26.

Cardinal with priests from SS Alban and Stephen Church and children from the school

A half century of education has been celebrated by a Catholic primary school with activities for the children and a visit from the Archbishop of Westminster.

Yesterday, 18:00
DJ's Jungle Adventure owner Helen Whittington and DJ the monkey celebrate the paly area reopening in the ball pit

A children’s jungle-themed play centre has reopened its doors after a leak in the roof wreaked havoc at the beginning of May.

Yesterday, 13:45
Herts Air Ambulance Summer of Open Gardens 2015 starts at Bride Hall in Ayot St Lawrence

Green thumbs in St Albans and Harpenden have been asked to open their gardens for a good cause, to help support a local air ambulance service.

”North

Most read stories

Most commented stories

Digital Edition

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