Blockbuster stores and mailing services kick it, four stores to close in Minnesota

Blockbuster_logo.jpg

See what you did, Netflix and Redbox? Times are tough for movie rental shops. The awesome (and local) video store Filmzilla closed earlier this spring. Now, big-box chain Blockbuster will be closing up shop, too. Today, Dish Network Corporation, which Blockbuster is a subsidiary of, announced that Blockbuster will be closing its remaining 300 stores and discontinuing its mailing service.

While you won't be able to shop for a video in-store any longer, Blockbuster isn't completely dead. Dish Network will retain the brand's licensing rights and extensive library, and will continue to offer the company's streaming services as part of its cable packages.

"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," says Joseph P. Clayton, DISH president and chief executive officer.

Blockbuster mailing will cease in December. All stores and distribution centers in the U.S. will close in January 2014. This includes four stores in Minnesota: one in Uptown (2224 Hennepin Ave.), one in Bloomington (8599 Lyndale Ave. S.), one in West St. Paul (1539 S. Robert St.), and one in Rosemount (3852 150th St. W.).

Blockbuster has been in a precarious state the past decade, though it seems to keep coming back from the dead. In September 2010, Blockbuster filed for bankruptcy. The billion-dollar company (with over one billion dollars of debt), was purchased by Dish for $320 million. We'll have to see if it turns out to be a good investment, though streaming content from its archives seems like a smart move.




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7 comments
Jamie Larson
Jamie Larson

The Uptown one was such a racket. I would even turn movies in the same day I rented them and always get a late fee. They helped me become an early adopter of Netflix by doing a great job of nurturing an "any business but them will do" attitude in many.

Jamie Larson
Jamie Larson

wow, wouldn't it be amazing if the small time movie rental places (that blockbuster ran out of business) came back with their eclectic, old and foreign movie choices? cool!

Stuart Allen
Stuart Allen

I used to rent every week spend good money then all of sudden they wanted drivers license to rent I never gave them a dollar after that

Joe Strom
Joe Strom

Blockbuster is still a company?

Jason Wittich
Jason Wittich

odd because a Family Video just opened up by us and we have been in there a few times. My wife likes to look at the movie box, I'm fine with Netflix and Redbox. But nice to find older titles.

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