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Blockbuster US Closing 300 Stores

by William D'Angelo, posted on 23 January 2013 / 3,494 Views

Blockbuster troubles continue. While the UK business is currently in administration, the US business is closing 300 stores and cutting about 3,000 jobs. It is not known at this time which stores will be closing.

We continue to see value in the Blockbuster brand and we will continue to analyze store level profitability and -- as we have in the past -- close unprofitable stores," said Dish spokesperson John Hall speaking with CNNMoney.

About 500 stores will remain open across the US. Dish originally bought Blockbuster in 2010 during a bankruptcy auction.


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8 Comments

JOKA_
JOKA_ (on 23 January 2013)

....Blockbuster stores still exist? I think THAT is the news here.

  • +1
MonstaMack
MonstaMack (on 24 January 2013)

They closed all mine in CT. I didn't know any were left. Since most of these were low paying retail jobs? Not much loss. Sucks for the mgmt team though.

  • 0
mothman
mothman (on 27 January 2013)

They closed them all in Canada. There are basically no big chains renting movies and games in hardcopy anymore.

  • 0
oldschoolfool
oldschoolfool (on 27 January 2013)

I used 2 live bye 2 blockbuster's,before they both closed. true story bro

  • 0
ganoncrotch
ganoncrotch (on 26 January 2013)

oh I get it Sharon.... Blockbusters stores are so out of touch they are filled with medieval ghosts.... oh very funny... ha ha! .... best south park ep in ages.

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regin2005
regin2005 (on 25 January 2013)

Didn't think that there were 300 stores left to be honest.

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think-man
think-man (on 25 January 2013)

Renting games and movies from video stores is fast becoming a thing of the past.

  • 0
Ckmlb1
Ckmlb1 (on 23 January 2013)

The last blockbuster near me was one of these stores.

  • 0
shakarak
shakarak (on 23 January 2013)

this is unfortunate, luckily in my city there is only one blockbuster.

  • 0