Blockbuster to Close 300 Stores
The days of headed to Blockbuster to rent a movie could soon be a thing of the past.
The movie rental chain is reportedly closing 300 of its US stores soon.
According to the LA Times, the move will leave some 3,000 workers searching for new jobs. Satellite TV provider Dish acquired Blockbuster in 2011. Dish says many of the closing stores have reached the end of their leases.
Poor sales are blamed for the decision to put other stores on the chopping block.