BusinessBusiness RecoveryChoicesUK stores sold to Blockbuster

ChoicesUK stores sold to Blockbuster

Blockbuster takes on a number of ChoicesUK stores, but many remain unsold

A ‘significant number’ of ChoicesUK’s retail stores have been sold by
administrators from PricewaterhouseCoopers, however, dozens still require a
buyer.

The Blockbuster Group has bought 59 ChoicesUK retail stores from
administrators, securing 450 jobs.

But administrators are looking for buyers for a further 80 stores.

‘Our priority now is to focus all our efforts on achieving a sale of all or
part of the remainder of the store portfolio,’ said joint administrator Nick
Cropper.

The purchased stores will be rebranded as Blockbuster.

Further reading:

PwC sells ChoicesUK distribution arm

Picture fades at DVD distributor

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