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Blockbuster staff in St Albans and Harpenden facing uncertain future
Staff at Blockbuster stores in St Albans and Harpenden are facing the possibility of redundancy as the company has announced it will be closing more than 100 stores.
The DVD and game rental chain, which has 528 stores across the UK, was forced into administration last week.
It currently has branches in London Road, St Albans, and High Street, Harpenden.
On Saturday, the appointed administrators announced that 129 shops will be shut down, although the closures will not be immediate.
Lee Manning, joint administrator, said: "Having reviewed the portfolio with management, the store closure plan is an inevitable consequence of having to restructure the company to a profitable core which is capable of being sold.
"We would like to thank the company’s employees for their support and professionalism during this difficult time.
"We are also grateful to the customers for their continued support."
The administrators added that more closures may be announced in the next few weeks.