Tuesday, January 18, 2011

The End is Near For Blockbuster

Only a matter of time now for Blockbuster to be no more.  Like the grocery store video section Blockbuster will soon close its doors and fade away. Blockbuster fell victim of technology as in high speed Internet and available download for movies and Netflix.  They have served the market and now find themselves no longer needed.

Other Retail closings as on 10-17-2010

2,415  Movie Gallery(Hollywood Video, Game Crazy)
1,000   Quizno’s
690    Blockbuster
200    Waldenbooks (Borders)
175    Ford Lincoln Dealerships
173    Jones Apparel
149    f.y.e.
145    Men’s Warehouse
120    Charming Shoppes
117    Foot Locker
117    The Walking Company
114    Payless
100    AFC (Popeye’s)
100    GameStop
90      Popeye’s
87      Liz Claiborne Outlets
80      Gap
79      Penn Traffic
72      Ann Taylor
60      Abercrombie & Fitch
58      Rite Aid
57      Genesco (Journeys, Underground Station, Hat World, Johnston & Murphy)
50      B. Dalton (Barnes & Noble)
50      Limited

Companies That Could Go Bankrupt in 2011 - Opinion
Jamba Juice, Borders, Rite Aid, Time Warner, Alcatel-Lucent, Blockbuster

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