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All three Kingston Blockbuster stores to close (From This Is Local London)
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All three Kingston Blockbuster stores to close
5:00am Tuesday 22nd January 2013 in News By Jon Sharman, Reporter
All three Kingston Blockbuster stores to close
All three Blockbuster stores in Kingston, Tolworth and Surbiton are slated for closure, according to administrator Deloitte.
No dates have been set, with stores set to be assessed according to their sales figures, a spokeswoman said.
A total of 160 branches of the video and games chain are to close nationally, with staff facing redundancy.
Lee Manning, joint administrator, said: “Having reviewed the portfolio with management, the store closure plan is an inevitable consequence of having to restructure the company to a profitable core which is capable of being sold.
"We would like to thank the company’s employees for their support and professionalism during this difficult time.
"We are also grateful to the customers for their continued support."
Comments(5)
kingstonpaul
says...
2:52pm Tue 22 Jan 13
Prince Philip of Greece wrote:...add the ridiculously named Parking Shop to the list of retailers that will remain in the town.
This year alone: Jessops, HMV, Blockbuster.
Soon, the only chain on the high street will be JobCentre. Which is ironic, as they won't have any jobs either...
Parking enforcement is about the only growth industry in the borough, so there'll be an even greater demand for somewhere to pay fines.
Prince Philip of Greece
says...
3:50pm Tue 22 Jan 13
In that regard (if no other) parking controls are good for local business.
DB
says...
4:42pm Tue 22 Jan 13
I always though that the Tolworth store was a 'blast from the past' even by Blockbuster standards. The size and position of meant that it was only really attractive to those who were prepared to drive some distance to rent a video and then drive back the next day to avoid a late fee when returning it!
The neighbourhood ones like Surbiton made a bit more sense, but it still seem a very old-fashioned way to rent films now.
bosco1
says...
7:21pm Thu 24 Jan 13
Prince Philip of Greece says...
9:14am Tue 22 Jan 13
Soon, the only chain on the high street will be JobCentre. Which is ironic, as they won't have any jobs either...