A CHIP OFF THE OLD BLOCKBUSTER WILL REMAIN

Blockbuster, which once counted more than 4,000 stores in its domestic chain, will soon be pared down to around 600, according to the Dallas Morning News, which cited a filing by its new owner, DISH network in federal bankruptcy court in New York. The chain now numbers 1,751 stores in the U.S. Published reports in […]

BLOCKBUSTER: MORE STORE CLOSURES DUE IN 2011

Struggling Blockbuster plans to shut down an additional 182 unprofitable stores by early next year, 72 of them within the next two weeks, the Associated Press reported today (Tuesday), citing documents filed in Manhattan bankruptcy court last Friday. The Dallas-based company said that it is also attempting to renegotiate better terms on its leases at […]