Bradford supermarket group buys up Blockbuster sites for more convenience stores

Bradford supermarket giant Morrisons has bought 49 stores from failed DVD and games rental chain Blockbuster as it steps up plans to expand its convenience business creating about 1,000 jobs in the process.

The deal will not prevent any of the job cuts already announced by Blockbuster administrators Deloitte, but Morrisons said it will provide new jobs as it reopens the shops as convenience stores.

The UK's fourth-biggest grocer also announced the rebranding of its M Local convenience business to Morrisons M local.

Today's announcement – for an undisclosed sum – follows the recent acquisition of seven stores from collapsed camera retailer Jessops as Morrisons takes advantage of quick access to high street locations to build up its convenience chain.

It is accelerating expansion plans after struggling to compete because of its small number of convenience stores, as well as a lack of grocery delivery service.

Morrisons, which now has 12 M Local stores after opening the first in Ilkley in July 2011, reported a disappointing 2.5 per cent decline in like-for-like sales for the six weeks to December 30, which followed a 2.1 per cent decline in the previous quarter.

The business is leading a fightback under recently appointed chief executive Dalton Philips, unveiling an advertising campaign fronted by TV presenters Ant and Dec earlier this year and sponsoring hit shows Britain's Got Talent and Ant & Dec's Saturday Night Takeaway.

Morrisons hopes to have at least 70 convenience stores by the end of 2013, while it is expected to announce the latest move towards a full-scale online food delivery service alongside its annual results on March 14.

Gordon Mowat, managing director of Morrisons Convenience, said: "We are rolling out the Morrisons M local estate at pace this year and these acquisitions give us a kickstart in securing a solid foothold in this key sector.

"The convenience market is growing as more people shop locally and we want to be in a position to take advantage of this."

Many of the Blockbuster stores are located in the south east – an area where Morrisons is keen to increase its presence – and are expected to open for trading by the end of the summer.

The stores bought are among the 164 stores earmarked for closure by Deloitte last week, which threatens about 800 jobs and comes on top of the 168 shop closures and 760 job cuts already announced.

Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.

Comments (20)

Please log in to enable comment sorting

1:21pm Sun 17 Feb 13

Albion. says...

Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders? Albion.
  • Score: 0

1:33pm Sun 17 Feb 13

Outraged English Subject says...

Best news of the week.
Best news of the week. Outraged English Subject
  • Score: 0

1:58pm Sun 17 Feb 13

collos25 says...

Its not new jobs because Blockbusters will have made many people jobless.
Its not new jobs because Blockbusters will have made many people jobless. collos25
  • Score: 0

2:39pm Sun 17 Feb 13

tinytoonster says...

collos25 wrote:
Its not new jobs because Blockbusters will have made many people jobless.
if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
[quote][p][bold]collos25[/bold] wrote: Its not new jobs because Blockbusters will have made many people jobless.[/p][/quote]if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share. tinytoonster
  • Score: 0

3:07pm Sun 17 Feb 13

Joedavid says...

Albion. wrote:
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
[quote][p][bold]Albion.[/bold] wrote: Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders?[/p][/quote]I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer. Joedavid
  • Score: 0

3:18pm Sun 17 Feb 13

Albion. says...

Joedavid wrote:
Albion. wrote:
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
http://www.confused.
com/money/articles/m
ystery-shop-tesco-vs
-tesco-express
[quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders?[/p][/quote]I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.[/p][/quote]http://www.confused. com/money/articles/m ystery-shop-tesco-vs -tesco-express Albion.
  • Score: 0

4:26pm Sun 17 Feb 13

Joedavid says...

Albion. wrote:
Joedavid wrote:
Albion. wrote:
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
http://www.confused.

com/money/articles/m

ystery-shop-tesco-vs

-tesco-express
They do in fact say what I said in their report.
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
[quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders?[/p][/quote]I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.[/p][/quote]http://www.confused. com/money/articles/m ystery-shop-tesco-vs -tesco-express[/p][/quote]They do in fact say what I said in their report. "Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list." A depends on your individual shopping list. If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too. Joedavid
  • Score: 0

4:36pm Sun 17 Feb 13

Albion. says...

Joedavid wrote:
Albion. wrote:
Joedavid wrote:
Albion. wrote:
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
http://www.confused.


com/money/articles/m


ystery-shop-tesco-vs


-tesco-express
They do in fact say what I said in their report.
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it.
[quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders?[/p][/quote]I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.[/p][/quote]http://www.confused. com/money/articles/m ystery-shop-tesco-vs -tesco-express[/p][/quote]They do in fact say what I said in their report. "Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list." A depends on your individual shopping list. If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.[/p][/quote]I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it. Albion.
  • Score: 0

4:40pm Sun 17 Feb 13

Joedavid says...

Albion. wrote:
Joedavid wrote:
Albion. wrote:
Joedavid wrote:
Albion. wrote:
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
http://www.confused.



com/money/articles/m



ystery-shop-tesco-vs



-tesco-express
They do in fact say what I said in their report.
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it.
I'm not arguing, sorry if you think so.
[quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: Excellent news! I wonder if their pricing will be different for the smaller stores, as with some other large traders?[/p][/quote]I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.[/p][/quote]http://www.confused. com/money/articles/m ystery-shop-tesco-vs -tesco-express[/p][/quote]They do in fact say what I said in their report. "Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list." A depends on your individual shopping list. If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.[/p][/quote]I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it.[/p][/quote]I'm not arguing, sorry if you think so. Joedavid
  • Score: 0

5:03pm Sun 17 Feb 13

collos25 says...

tinytoonster wrote:
collos25 wrote:
Its not new jobs because Blockbusters will have made many people jobless.
if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters.

Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.
[quote][p][bold]tinytoonster[/bold] wrote: [quote][p][bold]collos25[/bold] wrote: Its not new jobs because Blockbusters will have made many people jobless.[/p][/quote]if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.[/p][/quote]Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters. Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service. collos25
  • Score: 0

5:04pm Sun 17 Feb 13

collos25 says...

tinytoonster wrote:
collos25 wrote:
Its not new jobs because Blockbusters will have made many people jobless.
if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters.

Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.
[quote][p][bold]tinytoonster[/bold] wrote: [quote][p][bold]collos25[/bold] wrote: Its not new jobs because Blockbusters will have made many people jobless.[/p][/quote]if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.[/p][/quote]Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters. Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service. collos25
  • Score: 0

5:30pm Sun 17 Feb 13

Stevie-C says...

Great, just what we need, even more shops from one of the big four causing traffic misery, and profiting of the already-hard-up bradford public. Its time they started distributing their ridiculous profits back into reducing the prices of goods they sell!!
Great, just what we need, even more shops from one of the big four causing traffic misery, and profiting of the already-hard-up bradford public. Its time they started distributing their ridiculous profits back into reducing the prices of goods they sell!! Stevie-C
  • Score: 0

6:34pm Sun 17 Feb 13

old pecker says...

http://www.bbc.co.uk
/news/business-21490
465

No morrisons in yorkshire mainly london & south , so no jobs here
http://www.bbc.co.uk /news/business-21490 465 No morrisons in yorkshire mainly london & south , so no jobs here old pecker
  • Score: 0

6:51pm Sun 17 Feb 13

Outraged English Subject says...

Extremely annoyed and disappointed with the Telegraph and Argus. The basic points omitted form the story! Typical!!!
Extremely annoyed and disappointed with the Telegraph and Argus. The basic points omitted form the story! Typical!!! Outraged English Subject
  • Score: 0

7:10pm Sun 17 Feb 13

collos25 says...

Morrisons, which now has 12 M Local stores after opening the first in Ilkley in July 2011, reported a disappointing 2.5 per cent decline in like-for-like sales for the six weeks to December 30, which followed a 2.1 per cent decline in the previous quarter.

The ones that are open are doing really well arn´t they.
Morrisons, which now has 12 M Local stores after opening the first in Ilkley in July 2011, reported a disappointing 2.5 per cent decline in like-for-like sales for the six weeks to December 30, which followed a 2.1 per cent decline in the previous quarter. The ones that are open are doing really well arn´t they. collos25
  • Score: 0

7:43pm Sun 17 Feb 13

Dugoutboy says...

I bet he wishes he had put some money in Bradford City now. Look at all the World wide interest there is for Wembley Morrisons advertising would have been terrific. Just like City are gonna be against Swansea
I bet he wishes he had put some money in Bradford City now. Look at all the World wide interest there is for Wembley Morrisons advertising would have been terrific. Just like City are gonna be against Swansea Dugoutboy
  • Score: 0

6:06am Mon 18 Feb 13

tyker2 says...

Meanwhile Morrison's are so far behind the on line shopping experience they are loosing out big time to Asda especially. They bought an on line company a couple of years back but appear not to have done anything with it.

Is it that they are back ward in this matter or are they simply not prepared to do anything which will ost them initially. Getting high street presence should be good for them but it has to be good from the beginning or it will blob seriously
Meanwhile Morrison's are so far behind the on line shopping experience they are loosing out big time to Asda especially. They bought an on line company a couple of years back but appear not to have done anything with it. Is it that they are back ward in this matter or are they simply not prepared to do anything which will ost them initially. Getting high street presence should be good for them but it has to be good from the beginning or it will blob seriously tyker2
  • Score: 0

1:10pm Mon 18 Feb 13

Victor Clayton says...

the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.
the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant. Victor Clayton
  • Score: 0

1:17pm Mon 18 Feb 13

Joedavid says...

Victor Clayton wrote:
the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.
That might be good news to you, but might be bad for me.
Just how does one pay by CC?
If it is pay at pump then that's out for me, as I do not like that method, sorry.
[quote][p][bold]Victor Clayton[/bold] wrote: the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.[/p][/quote]That might be good news to you, but might be bad for me. Just how does one pay by CC? If it is pay at pump then that's out for me, as I do not like that method, sorry. Joedavid
  • Score: 0

7:16pm Mon 18 Feb 13

Victor Clayton says...

Joedavid wrote:
Victor Clayton wrote:
the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.
That might be good news to you, but might be bad for me.
Just how does one pay by CC?
If it is pay at pump then that's out for me, as I do not like that method, sorry.
You put your card in. Then your pin. When approved you take your card out and fill up. It suits me but of course not everyone. It will probably come in more and more as its harder to fill up and drive off.
[quote][p][bold]Joedavid[/bold] wrote: [quote][p][bold]Victor Clayton[/bold] wrote: the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.[/p][/quote]That might be good news to you, but might be bad for me. Just how does one pay by CC? If it is pay at pump then that's out for me, as I do not like that method, sorry.[/p][/quote]You put your card in. Then your pin. When approved you take your card out and fill up. It suits me but of course not everyone. It will probably come in more and more as its harder to fill up and drive off. Victor Clayton
  • Score: 0

Comments are closed on this article.

click2find

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree