Video store chain goes bust

CUMBERNAULD’s branch of Blockbuster entered its final days last week as the company went into administration for a second time in October.

Saturday, 23rd November 2013, 8:36 am
Photo: Christopher McCulloch. 18/11/13. Blockbuster close down.

The Cumbernauld store, which survived two rounds of closures almost a year ago, is one of 72 stores - one quarter of the total number of surviving stores - being closed across the UK by adminstrators Moorfields Corporate Recovery. More than 450 jobs will go nationwide as a result of these closures.

The store signalled its demise with a closing down sale which saw local people snap up bargains including the latest videogame hits such as Grand Theft Auto V available for sale at half price.

Blockbuster is just one of many high street chains to have struggled in recent years.