Blockbuster Us To Close Remaining Retail Stores And Dvd Mail Operation
It’s the end of an era. Blockbuster - once a pioneer in the video rental space - is to close its remaining retail stores in the US, as well as end its DVD by Mail operations in the country. Blockbuster’s brand and video library will be retained by owner Dish. Blockbuster was reorganised in the US under the country’s bankruptcy laws and then acquired by Dish in 2011. Joseph P Clayton, president and chief executive of Dish, blamed consumer demand moving toward digital distribution of video entertainment as the reason why it will close the last of Blockbuster’s 300 US retail stores....