August 26, 2013

Plattsburgh Blockbuster to close

PLATTSBURGH — The Blockbuster store in Plattsburgh is expected to close Tuesday.

A store manager was heard telling a customer Friday afternoon that the last day of regular operation would be Tuesday. She told another customer to come back for a big sale to be held after the store closed.

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When asked by the Press-Republican immediately after that for more details, the manager said she was not authorized to speak to the media.

This is the second time in a year that the store has faced closure. It was actually shuttered on Aug. 6, 2012, but reopened a few days later.

Blockbuster has faced financial difficulties for several years, primarily because of competition from companies like Netflix and the rise of movie-streaming services. 

The company declared bankruptcy in 2010. It was later acquired by Dish Network in April 2011 for $320 million. 

Home Media magazine reported in early August that the company planned to close 100 stores in the third quarter, which would leave it with about 350 locations. At its peak in 2004, the chain had about 9,000 stores operating in 17 countries.

Perry Sporn, owner of Perrywinkle’s Plaza where the store is located, said he had not heard from company officials that the store is closing. Blockbuster is up to date on its rent, he said.

A call made Friday to the Blockbuster/Dish Network public-relations office was not returned.

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