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Blockbuster
Blockbuster the DVD and gaming retailer became insolvent in 2013 after Administrators Deloitte declared the company bankrupt. The company went into administration after they failed to alter their business model in the face of changing consumer behaviour towards streaming content online. Met with strong competition in the streaming industry (Netflix) the company could not compete. It was unsuccessful in finding a buyer and all stock was cleared and remaining stores in the UK closed.
- Administrators: Deloitte
- Year Founded: 1989
- Total Number of Employees: 4,190
- Number of Retail Shops: 528
…2019: Up until 2018 there had been one remaining Blockbuster store in Oregon, USA. On this side of the pond a Blockbuster pop up video store opened up in London’s Shoreditch in September 2018 to celebrate the digital release of Deadpool 2. It was modeled in the style of the original 1989 outlets.
2013
Barratts
Barratts the shoe retailer became insolvent in 2013 after Administrators Duff & Phelps declared the company bankrupt. The company went into administration following a trading loss of £12.5m in 2008, on 26 January 2009 Stylo’s shares were suspended. Barratts and PriceLess soon went into administration and on 13 February 2009 Stylo itself went into administration. In 2014 Barratts brand and website was bought out again.
- Administrators: Duff & Phelps
- Year Founded: 1903
- Total Number of Employees: 5,500
- Total Number of Jobs Lost: 5,000
- Number of Retail Shops: 380
- Managing Director/CEO: Michael Ziff
…2009: There are no traces of the Barratts brand on the British high street in 2019, and while the website is still live it sells other well-know brands and redirects to other retailers.
2013
