Jobs under threat as Blockbuster goes into administration (From Haringey Independent)

Jobs under threat as Blockbuster goes into administration

3:13pm Wednesday 16th January 2013 in News By Bruce Thain

DVD rental chain Blockbuster UK has gone into administration putting jobs at its Crouch End store at risk.

Staff at the company’s branch in Tottenham Lane await further news about the company which has 4,190 staff in 528 branches around the country.

The business has met competition in recent years with the rise of internet film rental companies.

Firm Deloitte has taken over the running of the company and stores will remain open while administrators try to find a buyer for the company.

The news comes after it was announced earlier this week music retailer HMV went into administration.