Home From the Wires Dish to close 300 more Blockbuster stores

Dish to close 300 more Blockbuster stores

| Print |  Email
Tuesday, January 22, 2013

PC Magazine: Brick-and-mortar Blockbuster retail stores have been disappearing for more than a decade now, but get ready to say goodbye to a few more. Dish Network this week announced that it will shutter another 300 locations.

Dish is expecting to close about 300 Blockbusters in the coming weeks, a company spokesman said, leaving 3,000 employees without a job.

The closures will affect underperforming stores or those nearing the end of their lease, though specific locations have not yet been announced. Only 500 U.S. Blockbuster stores will remain, 26 of which are near Dish's Colorado headquarters.

Dish hasn't given up on the once-popular video rental chain just yet, saying that "we continue to see value in the Blockbuster brand," which it acquired out of bankruptcy for $320 million in 2011. At the time, Blockbuster boasted 1,700 physical stores and a streaming service.

"While Blockbuster's business faces significant challenges, we look forward to working with its employees to re-establish Blockbuster's brand as a leader in video entertainment," Tom Cullen, executive vice president of sales, marketing, and programming for Dish, said in an April statement following the acquisition announcement.

 

Read more.

 

More Articles

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS