Basildon Blockbuster to close down in just eight days

BASILDON'S last remaining Blockbuster store will close down in eight days.

The game and DVD rentals store in the Pipps Hill Retail Park is to close down with 61 other outlets countrywide, the firm's administrator's have announced today.

Administrators from Moorfields Corporate Recovery have already overseen the closure of more than 100 stores as part of the administration process since they were drafted in last month.

It is the second time this year the chain has gone into administration.

Today, they said no acceptable offers had been received for the remaining shops.

At the time of the firm's initial collapse last January, it had more than 500 stores in the country.

Over the past year, local stores in Rayleigh, Westcliff, and Billericay all closed.

 

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12:39pm Thu 5 Dec 13

CHRISTMAS CAROL says...

Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.
Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words. CHRISTMAS CAROL

1:16pm Thu 5 Dec 13

Nowthatsworthknowing says...

CHRISTMAS CAROL wrote:
Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.
Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular.
[quote][p][bold]CHRISTMAS CAROL[/bold] wrote: Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.[/p][/quote]Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular. Nowthatsworthknowing

5:11pm Thu 5 Dec 13

Howard Cháse says...

Turn it into a cash convertors type store. It'll have a head start on getting stock as most of these outlets have shelves full of dvds and computer games...
Turn it into a cash convertors type store. It'll have a head start on getting stock as most of these outlets have shelves full of dvds and computer games... Howard Cháse

5:28pm Thu 5 Dec 13

Devils Advocate says...

Nowthatsworthknowing wrote:
CHRISTMAS CAROL wrote:
Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.
Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular.
I will pray for you. Over Christmas. I will pray that you will learn to understand what losing your job can mean at this time of year. I will pray. That you experience the joys of being unable to provide a Xmas for your family and that many, many people show as much sympathy for you as you have shown for these unfortunate people.
Just remember, you are not the old money, your turn will surely come.
[quote][p][bold]Nowthatsworthknowing[/bold] wrote: [quote][p][bold]CHRISTMAS CAROL[/bold] wrote: Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.[/p][/quote]Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular.[/p][/quote]I will pray for you. Over Christmas. I will pray that you will learn to understand what losing your job can mean at this time of year. I will pray. That you experience the joys of being unable to provide a Xmas for your family and that many, many people show as much sympathy for you as you have shown for these unfortunate people. Just remember, you are not the old money, your turn will surely come. Devils Advocate

6:42pm Thu 5 Dec 13

Nowthatsworthknowing says...

Devils Advocate wrote:
Nowthatsworthknowing wrote:
CHRISTMAS CAROL wrote:
Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.
Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular.
I will pray for you. Over Christmas. I will pray that you will learn to understand what losing your job can mean at this time of year. I will pray. That you experience the joys of being unable to provide a Xmas for your family and that many, many people show as much sympathy for you as you have shown for these unfortunate people.
Just remember, you are not the old money, your turn will surely come.
Whilst you're in the land of the fairies, say hello to Santa for me
[quote][p][bold]Devils Advocate[/bold] wrote: [quote][p][bold]Nowthatsworthknowing[/bold] wrote: [quote][p][bold]CHRISTMAS CAROL[/bold] wrote: Terrible shame , losing your job anytime is a worry but this time of year it is even worse. Trouble is these big Blockbuster stores are now obsolete, they had there moment in the 90s but now everything is on other electronic means, More large shops will follow after Christmas, mark my words.[/p][/quote]Really? I dont think so, it's these has beens which are going to the wall, they've had their day, time for another to be popular.[/p][/quote]I will pray for you. Over Christmas. I will pray that you will learn to understand what losing your job can mean at this time of year. I will pray. That you experience the joys of being unable to provide a Xmas for your family and that many, many people show as much sympathy for you as you have shown for these unfortunate people. Just remember, you are not the old money, your turn will surely come.[/p][/quote]Whilst you're in the land of the fairies, say hello to Santa for me Nowthatsworthknowing

6:58pm Thu 5 Dec 13

Nowthatsworthknowing says...

Howard Cháse wrote:
Turn it into a cash convertors type store. It'll have a head start on getting stock as most of these outlets have shelves full of dvds and computer games...
Make it a pound shop, staffed with Polish grafters, they are never off sick, and are loyal hard workers.
[quote][p][bold]Howard Cháse[/bold] wrote: Turn it into a cash convertors type store. It'll have a head start on getting stock as most of these outlets have shelves full of dvds and computer games...[/p][/quote]Make it a pound shop, staffed with Polish grafters, they are never off sick, and are loyal hard workers. Nowthatsworthknowing

10:26pm Thu 5 Dec 13

mthraves says...

It is really sad when these things happen and you have to feel sorry for the staff. Mind you, I remember all of the independent video shops being put out of business back in the 90's when all of the Blockbuster stores opened and took away their business. So I suppose the same this is now happening to Blockbuster due to the online services from Sky, Netflix etc.
It is really sad when these things happen and you have to feel sorry for the staff. Mind you, I remember all of the independent video shops being put out of business back in the 90's when all of the Blockbuster stores opened and took away their business. So I suppose the same this is now happening to Blockbuster due to the online services from Sky, Netflix etc. mthraves

10:46pm Thu 5 Dec 13

emcee says...

mthraves wrote:
It is really sad when these things happen and you have to feel sorry for the staff. Mind you, I remember all of the independent video shops being put out of business back in the 90's when all of the Blockbuster stores opened and took away their business. So I suppose the same this is now happening to Blockbuster due to the online services from Sky, Netflix etc.
Agreed. It's not nice to say, because many people will be losing their jobs, but the term "what goes around comes around", springs to mind.
[quote][p][bold]mthraves[/bold] wrote: It is really sad when these things happen and you have to feel sorry for the staff. Mind you, I remember all of the independent video shops being put out of business back in the 90's when all of the Blockbuster stores opened and took away their business. So I suppose the same this is now happening to Blockbuster due to the online services from Sky, Netflix etc.[/p][/quote]Agreed. It's not nice to say, because many people will be losing their jobs, but the term "what goes around comes around", springs to mind. emcee

11:13pm Thu 5 Dec 13

emcee says...

Blockbuster is a business of its time but not of this. In this time of internet commerce many "bricks and motar" businesses have to adapt or die. However, Blockbuster is one of those business which would have struggled to adapt because of the type of business it was.

Unless other large business adapt we will see many go the same way, also. Some have already gone. After all, the non internet-using population are dwindling fast.
I, personally, am quite happy to shop in a physical shop but prices, especially in times where money does not stretch as far, are difficult to match with online prices and I find it increasingly difficult to justify not buying online. As an example, I was in well known electrical store today where I was checking out my shopping list. I approached a member of staff to ask if they will price match online prices, or at least offer a discount of some kind (I was prepared to buy several items). Now, they have normally been very good in negotiating "deals" in the past (discounts and/or throwing in extras) but all I got on this occasion was a point blank "No". I told him I thought it was a shame, thanked him for his time, and left. I understand they have massive overheads to meet (rents and business rates etc...) but I would have thought a smaller profit margin would better than no proffit margin at all, due to lost custom. Still, I guess they will not be getting my custom this Christmas.
Blockbuster is a business of its time but not of this. In this time of internet commerce many "bricks and motar" businesses have to adapt or die. However, Blockbuster is one of those business which would have struggled to adapt because of the type of business it was. Unless other large business adapt we will see many go the same way, also. Some have already gone. After all, the non internet-using population are dwindling fast. I, personally, am quite happy to shop in a physical shop but prices, especially in times where money does not stretch as far, are difficult to match with online prices and I find it increasingly difficult to justify not buying online. As an example, I was in well known electrical store today where I was checking out my shopping list. I approached a member of staff to ask if they will price match online prices, or at least offer a discount of some kind (I was prepared to buy several items). Now, they have normally been very good in negotiating "deals" in the past (discounts and/or throwing in extras) but all I got on this occasion was a point blank "No". I told him I thought it was a shame, thanked him for his time, and left. I understand they have massive overheads to meet (rents and business rates etc...) but I would have thought a smaller profit margin would better than no proffit margin at all, due to lost custom. Still, I guess they will not be getting my custom this Christmas. emcee

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