TORONTO – The remaining Blockbuster stores in Canada are to be closed.
The receiver in charge of the bankrupt movie rental company is seeking a court order to shut about 253 locations and wind down the business.
Get daily National news
Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
The receiver said it has tried to sell Blockbuster Canada, but was unable to reach an agreement with a buyer.
Receiver Grant Thornton already shuttered about 150 Blockbuster Canada stores in June.
The receiver said the closure process should begin in the next few days, and existing gift cards will and rewards programs will no longer be accepted.
A court hearing to consider the closure is scheduled for next Tuesday.
Comments
Want to discuss? Please read our Commenting Policy first.