Corby Blockbuster store to close

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Corby’s Blockbuster store is to shut as part of the latest closures announced by the company.

The store in Oasis Retail Park , in the town centre, has not been given a closing date but will be one of an additional 164 to shut up shop.

It employs seven full and part-time workers.

The Wellingborough Blockbuster store was already earmarked for closure in an announcement made earlier in the year but the Kettering branch will not be affected.

Lee Manning, Matthew David Smith and Neville Kahn, partners at Deloitte, the business advisory firm, were appointed joint administrators to Blockbuster on January 16.

Mr Manning 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 would like to thank the company’s employees for their support and professionalism during this difficult time and we are also grateful for the continued support of customers. 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.”

The remaining stores will continue to trade as usual while administrators continue negotiations with bidders.

Staff in the stores affected by the closures will be facing redundancy and a dedicated employee helpline has been put in place to help workers find alternative employment.

The Corby store will remain open for business as usual and customers will be notified in advance of the closure so that they can return their outstanding rental items.