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Hereford's Blockbuster dodges the axe
HEREFORD'S largest DVD rental store has survived the latest run of closures by Blockbuster.
Administrators Deloitte announced yesterday that a further 164 branches would close as the company looks to find a buyer – however the Commercial Road location has dodged the axe for the second time in a month.
Vouchers will still be honoured and business continues as normal despite the “restructuring”.
Lee Manning, joint administrator at Deloitte, said: "We have continued to review the performance of individual stores since our appointment a month ago and have concluded that further closures are necessary in order to restructure the company for sale.
"We are in discussions with a number of parties interested in purchasing all or parts of the business and will update on progress in due course."
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