TITLE

Blockbuster Racks Up $13.9 Million Q1 Profit

AUTHOR(S)
GRUENWEDEL, ERIK
PUB. DATE
May 2012
SOURCE
Home Media Magazine;5/14/2012, Vol. 34 Issue 19, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the plan of U.S.-based video rental store chain Blockbuster LLC to close 100 underperforming stores in the second quarter of 2012. The company has downsized its retail stores to about 1,000 stores after its April 2011 acquisition by satellite television operator Dish Network. Factors contributing to the decision to close more stores are mentioned. A financial overview of the company is provided.
ACCESSION #
75180324

 

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