Press-Republican

Business

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.



For all local business news...

Biz News Ink


 

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.

Email Dan Heath:dheath@pressrepublican.com

1
Text Only | Photo Reprints
Business
Colin Read's Column

Business Spotlight
Peter Hagar's Farm Column

Farm Briefs
Videos: Business News
After Fukushima, Japan Eyes Solar Power New York Auto Show Highlights Latest in Car Tech New York Auto Show Highlights Latest in Car Tech High-flying Tech Stocks a Concern for Investors "Heartbleed" Bug Puts Internet Security at Risk AP Tech Review: Samsung Galaxy S5 Toyota Recalls 1.8M Vehicles in the US Comcast Executive: 'Merger Not a Problem' Microsoft Ends Support for Windows XP Study: Airline Industry Complaints Drop in 2013 Study: Airline Industry Complaints Drop in 2013 Employers Add 192K Jobs; Rate Stays at 6.7 Pct Senators Press Barra About GM's Delay in Recall More Americans See Middle Class Status Slipping GM CEO Faces House Hearing on Recall NHTSA: GM Should 'Fix Vehicles Quickly' GM's CEO Testifies on Faulty Ignition Switches Owner, Families Share Cobalt Stories Jury Selection Begins in Apple-Samsung Case BMW Plans $1 Billion Expansion in South Carolina