Sep 16
Things are about to go from bad to worse for Blockbuster. The once powerful video chain is getting ready to close the doors on a number of retail locations, according to a regulatory filing by the company this week. Blockbuster is getting ready to close down 810 and 960 brick-and-mortar stores by year’s end. That’s more than one-fifth of its US locations.
The chain, which currently operates 4,356 locations in the US initially planned to close 380 to 425 by the end of the year. The company has largely struggled to compete with the explosion of services like Netflix and video on demand.
Post a Comment