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Gordon Brothers Europe Buys Blockbusters

 
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mark occomore



Joined: 07 Dec 2006
Posts: 9955
Location: UK
PostPosted: Sat Mar 23, 2013 6:42 pm    Post subject: Gordon Brothers Europe Buys Blockbusters Reply with quote
Restructuring company Gordon Brothers Europe have bought the remaining blockbuster stores. Some 264 stores with 2,000 staff have been secured. 49 stores were sold to Morrison, but unfortunately 200 had to go with a loss of staff.

http://www.bbc.co.uk/news/business-21912508
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ruddlescat



Joined: 16 Sep 2010
Posts: 18010
Location: Near Chester
PostPosted: Sat Mar 23, 2013 8:59 pm    Post subject: Reply with quote
Who actually rents film DVDs these days when they can be watched on line - it's yesterday's business Rolling Eyes
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Toggy



Joined: 18 Aug 2008
Posts: 1239
PostPosted: Sat Mar 23, 2013 9:27 pm    Post subject: Reply with quote
I think it's a business model dying on it's bum to be honest.
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mark occomore



Joined: 07 Dec 2006
Posts: 9955
Location: UK
PostPosted: Sun Mar 24, 2013 9:18 am    Post subject: Reply with quote
I can't see what they are going to do with Blockbuster - when once the film is released on DVD you can go to likes of Asda and buy it for a tenner and have it for life, instead of renting it for a few days. I guess the future is still bleak for the company and will see a few more shut.
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