Just a month after DISH Network closed its remaining Blockbuster stores in the U.S., the U.K. version of the video and game retailer is also shutting down for good. The company"s administrator Moorfields announced Thursday that the remaining 91 Blockbuster stores will close by Monday, and 808 people will be losing their jobs less than two weeks before Christmas.
Blockbuster U.K. went into administration in late October, back when it had 264 stores in operation. Since then, Moorfields has been closing a number of retail locations while also trying to find a buyer for the company. MCV reports that the administrators were unsuccessful in this quest. In a statement on Thursday, Moorfields said, "Unfortunately, we were unable to secure a buyer for the group as a going concern and as a result had to take the regrettable action to close the remaining stores."
The remaining stores will sell off their stock of items at a highly reduced cost before they close for good on Monday.
Source: MCV | Blockbuster U.K. image via Shutterstock