VANCOUVER, BC (May 27, 2011) Dominion Lending Centres Clearlease Reports Clearance sales are underway at many of the Canadian Blockbuster Video (OTC:BLOAQ) stores that are closing their doors.
The movie and video game rental chain will be shutting down 146 Canadian locations next month.
A manager at one Toronto store says more than a dozen customers were hunting for bargains shortly after the store opened, but none of them had lined up to get there early.
About 1,400 Blockbuster staff could lose their jobs in Canada, but the receiver in charge of selling the company has not given exact numbers.
Ontario will have the most closures, but every province will lose at least one Blockbuster store.
Blockbuster Canada is being sold off to pay US$70 million in debt racked up by its former U.S. parent.
The Canadian arm of the chain had acted as a guarantor for Blockbuster’s U.S. business.
It went into bankruptcy protection and was later sold at auction to another owner.
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Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
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Video Link: http://youtu.be/f_kk7WJa7Uk