Tag Archives: closures

More store closures expected at Blockbuster

Administrator Deloitte has confirmed to MCV that there will be further closures at Blockbuser stores UK. MCV contacted the firm after rumours suggested that all of the rental chain’s outlets would be closed by the end of March, but Deloitte stated that this was not the case. Instead, planned stores …

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UPDATED: Further 37 HMV shops to close; Full list here

Administrator Deloitte has confirmed the intended closure of an additional 37 HMV stores. It has not yet announced which stores will be closing or when they will shut their doors. However, it will mean a further 464 staff will lose their jobs. The decision will leave HMV with around 116 …

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GameStop hopes to acquire 40 former GAME stores

US games retail giant GameStop intends to acquire 40 former GAME outlets in France. It also plans to open an additional 70 stores in 2013, although it will also be trimming its existing portfolio by 250 outlets, Polygon reports. 200 of these will come from the US market and the …

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Epic shuts down Impossible Studios, Infinity Blade: Dungeons delayed

Epic Games has closed Infinity Blade: Dungeons developer Impossible Studios, delaying the iOS title indefinitely. Epic’s founder Tim Sweeney announced the news in a post on Epic’s official site. The studio formerly known as Epic Baltimore came together last August after the 38 Studios disaster destroyed development studio Big Huge …

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Blockbuster administrator: "We are fighting in the trenches"

The lead administrator at Blockbuster has issues a grave warning to workers at the retailer. Lee Manning told The Telegraph that 160 Blockbuster stores are likely to close in the near future, threatening 1,000 jobs. Blockbuster operated over 500 stores in the UK although over 100 have closed since administration …

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Up to 100 HMV stores preparing for closure

Administrator Deloitte is preparing to close anything up to 100 HMV stores, reports claim. The Telegraph reports that between 60-100 stores face the chop, although they will likely remain open until they have exhausted their stock – possibly short-term good news for consumers, at least. The final list of stores …

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More HMV store closures expected by the end of the week

A fresh spate of HMV store closures and job losses are likely to be announced by the end of the week. Retail Week reports that administrator Deloitte has apparently set a deadline of today for any expressions of interest in the retailer. Offers for HMV real estate will continue to …

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Hilco could close up to half of HMV stores

HMV now looks very likely to survive on the UK High Street – at a price. The Daily Mail reports that Hilco could close around half of HMV’s 223 UK stores in the hope that a streamlined version of the chain can live on. It’s the same strategy that the …

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