Business & Tech

Fate of Area Blockbusters Unclear After Company Announces Plans to Close 300 Stores

The long-time video rental business announced that it will only keep about 500 stores open nationwide and will cut 3,000 jobs.

Blockbuster plans to close about 300 stores nationwide and cut 3,000 jobs, reported CNNMoney.

The video rental business was bought out by Dish network in 2010 after it went bankrupt.

Wauwatosa's Blockbuster closed its doors in December 2011. 

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

Here are other nearby Blockbusters:

17345 W. Capitol Dr.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

7690 W Appleton Ave

The company has not announced which stores it will be closing, but will keep 500 stores running, according to the report. 

Stores will be closing as leases end and others are closing for underperforming.

In recent years Blockbuster has been struggling to compete with Redbox, a DVD rental kiosk box, and Netflix, online streaming and mail order rental movies and TV shows.

Blockbuster opened its first location in 1985 in Dallas, Texas.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here

More from Wauwatosa