By Daniel Hunter

49 Blockbuster stores are to be turned into local Morrison stores after the supermarket announced their plans to buy them.

The Bradford-based retailer will use the purchase to build a new convenience store franchise, especially in London and the South East.

The converted "Morrisons M" local shops should open by late summer, creating 1,000 jobs, Morrisons said.

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

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

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

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