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Blockbuster To Close Remaining Stores

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Blockbuster owner Dish Network announced that it will close the movie rental chain's remaining stores, according to The New York Times. When Dish Network purchased the chain, in mid-2011, it had 1,500 locations. The decision to shutter the handful of stores Blockbuster still has demonstrates how challenging it may be to take advantage of even top-notch retail real estate when the retailer itself is struggling. Back in 2011, retail consultants speculated that Dish may try to use ...

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Discuss this Blog Entry 1

on Nov 26, 2013

Bad investment by dish network!

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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