Blockbuster to Close Remaining 300 Retail Stores

Blockbuster to Close Remaining 300 Retail Stores

Former video-rental giant will also end its by-mail video distribution service

Blockbuster is getting out of the brick-and-mortar business model altogether.

The former video-rental giant will close its remaining U.S. stores by early January 2014, and will also put an end to its by-mail video distribution service, parent company Dish Network said Wednesday.

Also read: Dish Network Closing 500 Blockbuster Stores (Update)

Blockbuster still has approximately 300 stores in the U.S. Its distribution centers will also be closed.

Dish president and CEO Joseph P. Clayton cited the growing shift to digital video distribution while announcing the closures.

“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” Clayton said. “Despite our closing of the physical distribution elements of the business, we continue to see value in the Blockbuster brand, and we expect to leverage that brand as we continue to expand our digital offerings.”

Also read: Ron Castell, Former Blockbuster Video Executive, Dead at 75

Dish will retain the Blockbuster brand's licensing rights, along with key assets, including the company's video library. Dish, which acquired Blockbuster in 2011, will focus on providing Blockbuster @Home service to its customers and via the Blockbuster on Demand streaming service.

Early last year, Dish Network closed 500 Blockbuster stores — at that time, about a third of its remaining retail outlets.

At its peak, in 2004, Blockbuster boasted more than 9,000 stores, according to the New York Times.

  • Stuart W

    Thanks! Had no idea Blockbuster even-had remaining stores; much less
    continued mail-order function. Time in computer-age, definitely compressed!

  • Good riddance

    Hahahahaha – used to work for these schmucks. They don't know how to run a business, motivate their employees or treat their customers. Plus on top of all that, they charge too much and didn't know how to change with the times. Also, as a customer, many of their employees were just downright rude, which is why I stopped going there. @sshats never let you use the bathroom, saying it was out of order, even though it worked fine — I'm a paying customer and you don't let me use your bathroom … I'm no longer a customer then.

    Good f'ing riddance.

    Hahahahahhahahahhahahahahahhahah!

    • Micah 李 文 Jung

      How is working for Giant or Target any better! LOL basically same thing happened there and there still in business! Well it was a changing thing and they didnt survive!

  • HootyHaHa

    Once all brick and mortar video stores are gone you people will truly feel the limitations you've all put on yourselves by your laziness. You can't just STREAM whatever you want on some video service. Want to stream Star Wars? Good luck finding a service unless it's a torrent most of us don't want to use. Want to watch one of the brand new movies out? You're out of luck. Say what you will about BB. They pissed me off too. I'm talking about all choices. Not sure why you all choose to limit yourselves to digital only. Now you're at their mercy to watch what they want to provide to you.

    • Micah 李 文 Jung

      True but everything is going digital and more and more hand held devices! It will be interesting to see what happens.

  • Micah 李 文 Jung

    times change and they didnt change with it!