300 Additional Blockbuster Stores To Close Their Doors

Posted: Jan 22 2013, 3:05pm CST | by , Updated: Jan 22 2013, 3:11pm CST, in News | Technology News


Buy Blockbuster from Amazon Prime Day, Amazon Cyber Monday and Black Friday Now

More Blockbuster stores to close

Dish Network purchased floundering movie rental chain Blockbuster in 2011. Since the purchase, Dish Network to shut down a number of locations around the country. Dish has now announced that it will be closing 300 additional Blockbuster stores within the US.

The closure of the 300 locations will leave about 500 Blockbuster stores operating in the US. The stores being closed are either underperforming or are near the end of their leases. The closing of the 300 locations will mean about 3000 employees are out of work.

Blockbuster hasn't announced where the locations are the will be closed at this point, but the employees have been notified. Blockbuster continues to lose ground in the face of increasing competition from streaming video company such as Netflix and movie rental kiosks such as Redbox.

You May Like


The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.




Leave a Comment

Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

You Also Like


Read the Latest from I4U News