Morrison scoops up Blockbuster stores

Morrison scoops up Blockbuster stores

The collapse of Blockbuster and Jessops may have saddened film and photo enthusiasts and led to repeated warnings that the country's high streets are on their last legs. Yet it the retailers' troubles have proved beneficial for supermarket giant WM Morrison (MRW), which has scooped up the leasehold of 49 Blockbuster stores and seven Jessops shops, as it begins an accelerated expansion of its new convenience estate, Morrison M Local.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now