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Two Blockbuster Stores to Close, Leaving Only One in Existence

Blockbuster lives on in Bend, Oregon.

Blockbuster Video, the former Goliath in the home-video rental industry, is officially closing two of its remaining three stores in existence. As reported by Deadline, the closing stores in question are in Alaska, one in Anchorage and one in Fairbanks, and they will be shutting down their retail business on Monday, July 16. They will then reopen the next day through the end of August solely to sell off their remaining inventory.

This leaves a solitary Blockbuster location in Bend, Oregon to wave that yellow and blue banner for as long as it can.

Exit Theatre Mode

All the way back in 2013, Blockbuster Video announced it would be closing all of its remaining locations, though these three stores managed to buck the odds and survive for another half decade. Blockbuster went bankrupt back in 2010, and was purchased by Dish the next year. A Blockbuster By Mail service wasn’t enough to keep them afloat.

During the last five years, locations that operated as licensed franchises were able to continue business under the Blockbuster name, which is how these three locations managed to stay around as long as they did.

Exit Theatre Mode

Though these two stores were allegedly still profitable, the owner said he chose to close them nine months ago, as renewing their leases wouldn’t be financial viable. Video rental stores saw a major decline with the advent of video streaming services like Netflix and Hulu. Netflix in particular has been extremely successful, recently beating HBO in Emmy nominations and is reportedly now bigger than Warner Bros., Fox and Sony.

Colin Stevens is a freelance writer for IGN, and he misses renting Super Smash Bros. once a week until he spent so much money renting it the video store just offered to sell it to him for £5.

Follow him on Twitter.

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