Retail expert: This is the 'evolution of the high street'

More than 4,000 jobs are at risk after DVD rental chain Blockbuster called in the administrators yesterday.

Retail Expert Kate Hardcastle told ITV Daybreak that the problem lies with the 'evolution of the high street'.

She said it had created a gap between online retailers and 'lazy retail'.

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160 Blockbuster stores to close

Blockbuster's administrators have confirmed they will close 129 stores, in addition to the 31 already announced. The company has 528 stores employing 4,190 staff.