Blockbuster in Leamington to close

BLOCKBUSTER in Leamington is one of 164 of the DVD and video games rental company’s stores which will close as a reult of the company going into administration.

The shop in Myton Road employs about five members of staff, a spokesman for administrators Deloitte said.

Closing 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.

The standard rental terms and conditions remain in place during this time.

Lee Manning, joint administrator, said: “We have continued to review the performance of individual stores since our appointment a month ago and have concluded that further closures are necessary in order to restructure the Company for sale. “We would like to thank the Company’s 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 interested in purchasing all or parts of the business and will update on progress in due course.”

A helpline and an assistance programme has been set up for employees who are facing redundancy.

Related topics: