Morrisons to buy 49 Blockbuster outlets

Help

Morrisons is to buy 49 stores from the failed Blockbuster film rental chain, the supermarket has announced.

The Bradford-based retailer will use the purchase to build a new convenience store franchise, especially in London and the South East, with the "Morrisons M" local shops open by late summer and creating 1,000 jobs.

The stores are among 164 that Blockbuster's administrators, Deloitte, said this week were to be closed.

Ben Thompson has more details.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.