Blockbuster has entered administration again, owners Gordon Brothers Europes have announced.
Speaking to IGN, Gordon Brothers said in a statement:
“The need to significantly reduce costs whilst a buyer is sought will unfortunately result in 32 redundancies at Blockbuster UK’s head office. All stores will continue trading as normal whilst a buyer is sought for the business. In the event that a buyer cannot be found some stores may need to close.”
Arguably the biggest concern however are pre-orders for both the Xbox One and PS4 consoles, due this holiday season. The company says that “any customers with outstanding orders should visit their local store who will deal with the matter.”
Do you think Blockbuster will find another buyer to resolve its issues?
[Source: IGN]
[…] Blockbuster Re-Enters Administration: Xbox One & PS4 Pre-Orders Enter Danger Zone […]