Tag: blockbuster

  • More Blockbuster Stores To Be Shut Down, Massive Job Cuts

    More Blockbuster Stores To Be Shut Down, Massive Job Cuts

    DENVER -- The video-rental chain Blockbuster plans to close about 300 stores across the country, losing about 3,000 employees. A company spokesman told The Denver Post on Monday that the closures will leave about 500 Blockbuster locations in the U.S. In 2011, the Dish Network bought then-bankrupt Blockbuster... Continue Reading

  • Are Mobile Apps Destroying Jobs or Creating Them?

    Are Mobile Apps Destroying Jobs or Creating Them?

    Now that people can buy products from their smart phones and they don't even have to go to their computers anymore, will actual brick-and-mortar businesses become a thing of the past? Will retail clerks, suppliers, advertisers, etc., suffer the same fates as employees of Blockbuster and Borders? Continue Reading

  • Note to Blockbuster Employees: Run!

    Note to Blockbuster Employees: Run!

    Employees at the 5,500 remaining Blockbuster stores would do well to get out now. It seems that you're being replaced by a red box and a mail carrier. Blockbuster filed for bankruptcy in September 2010, but is having trouble reorganizing, and will likely be sold at auction, according to some analysts. Continue Reading