AMAZING NEWS: Blockbusters....

Hatter The Mad · 16 Jan 2013 at 14:24

somehow survived till now!?

Kerplunk · 16 Jan 2013 at 14:25

Yeah not surprising, but another one gone

PhillyDee · 16 Jan 2013 at 14:26

Had its day and again failed to actually respond to changing market conditions. I passed one last week, half of the lights were blown, and it looked seedy.

Robbo · 16 Jan 2013 at 14:27

There won't be anything left at this rate.

Hatter The Mad · 16 Jan 2013 at 14:27

Don't get caught with your pants down when the tide goes out. They should have bought pants.

Adapt and continue to deliver value, or die.

Name · 16 Jan 2013 at 14:29

Wait so now blockbusters has gone?

or did they go weeks/months ago....Ive payed no attention to blockbusters since the 90's....

More information in the OP would be useful.

Kerplunk · 16 Jan 2013 at 14:30

http://news.sky.com/story/1038898/sky-sources-blockbuster-uk-collapses

Robbo · 16 Jan 2013 at 14:30

DVD rental chain Blockbuster has called in administrators - becoming the third major retailer to collapse this year - according to Sky sources.

The company is thought to employ around 4,000 people in the UK.

http://news.sky.com/story/1038898/sky-sources-blockbuster-uk-collapses

Craig321 · 16 Jan 2013 at 14:32

Can't believe they lasted this long.

lcg · 16 Jan 2013 at 14:32

BBC News are now reporting this.

Spook187 · 16 Jan 2013 at 14:32

Again the so called clever people who run these types of business fail again.

LiE · 16 Jan 2013 at 14:32

All hail our new Amazon overlords.

Gregster · 16 Jan 2013 at 14:34

More jobs gone

It is a shame they didn't move with the times but digital downloads and netflix/lovefilm have killed off Blockbusters. Blockbusters killed off the local VHS/Beta rental shops, so guess it is Karma working.

POB · 16 Jan 2013 at 14:35

removed.

Gregster · 16 Jan 2013 at 14:35

LiE said:
All hail our new Amazon overlords.

Who pay no corporation tax in the UK

Liquid_Entity · 16 Jan 2013 at 14:37

Sad that another 4000+ jobs gone, that's how many in the last 10 days now? 10 - 15 thousand unemployed.

N17 · 16 Jan 2013 at 14:38

Not good

Admiral Huddy · 16 Jan 2013 at 14:39

Robbo said:
There won't be anything left at this rate.

Alarmingly this is very true. With all these stores going under, all of a sudden there becomes a lack of appeal to go out shopping.. this will have a knock effect on all stores to a degree.

I like blockbuster and i'm still (was) a die hard visitor. I quite like looking around when I'm in town on a Saturday morning and you get some good deals. Obviously this is their undoing.

What alarming about all this, that businesses rised out from the ashes of the last retail recession/slump. I can't see this happening this time because people have turned to the net. The early 90s didn't have that as an alternative.. so yes, retail is dying.

Russinating · 16 Jan 2013 at 14:39

No idea how they even exist still. Even if you're not internet savvy you can buy a decent DVD for £2-3 in Asda etc nowadays anyway.

The only way I'm shocked is that it's 2013.

Morba · 16 Jan 2013 at 14:39

Is 4000 employees classed as a major company these days? I'm getting used to being a part of companies that have hell of a lot more than that tbh!

No loss though really, they were always going to suffer from the rise of downloadable / streaming services