15,000 retail workers could lose their jobs, as a string of high-street chains enter administration and look set to close down.
HMV, Jessops, Blockbuster, and Comet have all collapsed in the space of only two months. Since the start of the financial crisis in 2007, other major high-street retailers, including Woolworths and JJB Sports, have gone under.
Blockbuster, the most recent chain to enter administration, is trying to find a buyer for all or part of its business. Lee Manning, from administrator Deloitte, said they were hopeful of keeping more than 50% of stores open, but accepted than