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Blockbuster Feels the Pressure from Competitors
Posted by: jmet, 12:35, September 17, 2009 |
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Viewed: 693 Times |
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Competition from Netflix, Vudu and Redbox has hit Blockbuster sales pretty hard and is forcing them to close down about 1,000 retail stores, on top of the 275 stores already closed earlier this year.
Blockbuster will be operating with twenty percent fewer retail stores by the end of 2010 but hopes to reverse the current decline with the thousand or so current kiosks machines country wide.
Blockbuster is hoping to have at least 10,000 kiosks machines operational by the middle of 2010.
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