Resort stores not in deal

Blockbuster Video on Whitegate Drive
Blockbuster Video on Whitegate Drive
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THE centre of Blackpool is set to be without a Blockbuster store after the video chain which went into administration in January was bought by a private equity firm.

The former film and game rental stores in Whitegate Drive and Cornelian Way have not been bought by a subsidiary of Gordon Brothers Europe.

However, stores in Fleetwood Road, Cleveleys, Kilnhouse Lane, St Annes, and Poulton Road, Fleetwood, are to stay open, saving around 25 jobs.

The store in Tithebarn Street, Poulton, is also not part of the buy-out and will no longer operate as a Blockbuster store.

Investment Holdings Limited has bought 264 stores in the UK and Channel Islands saving 2,000 jobs. A further 49 stores, including the one in Whitegate Drive, are set to be taken over by supermarket chain Morrisons.

Frank Morton, chief executive of Gordon Brothers Europe, said: “We know that we have a challenge ahead but there is still a market to be served.

Blockbuster has a strong brand affinity and we believe that with the right mix of new product offering, new technologies, we can bring new life to this high street staple.”

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