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Blockbuster, 9814 Two Notch Road: January 2010   6 comments

Posted at 1:05 am in entertainment,stores

I don't have much more to say about this Blockbuster (on Two Notch near Polo Road) closing that I didn't already say at the recent Decker Blockbuster closing, other than that this one is taking its own sweet time to wind things down. It seems like its been in "closeout sale" status for over a month now. (I say "now", I haven't driven by in a couple weeks, so it may in fact be gone at this point).

Meanwhile, I suspect we will see more Blockbuster closings here this year:


Blockbuster CFO Thomas Casey said closures of underperforming stores is supported by the fact that just 35% of Blockbuster stores generate about 80% of pre-tax earnings.

Speaking Jan. 12 at an investor event in New York, Casey said about 25% of a closed store’s revenue is transferred to other area Blockbuster locations. Blockbuster currently operates about 3,600 stores, with plans to shrink that number to 3,200 stores this year, while expanding Blockbuster Express kiosk operations.

“We’re pleased with the performance of our store-closing program,” Casey said.

Written by ted on January 14th, 2010

6 Responses to 'Blockbuster, 9814 Two Notch Road: January 2010'

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  1. This location actually closed this past Sunday, I believe. I went by on the 5th and they still had a good number of DVDs left.

    Thomas

    14 Jan 10 at 2:34 pm

  2. What's really odd is that the Blockbuster in the (former) Food Lion plaza at Clemson and Hard Scrabble is still open. With Food Lion gone and how difficult it is to get in and out of that parking lot, I would have expected that one to be first to go.

    Jason

    14 Jan 10 at 3:49 pm

  3. “We’re pleased with the performance of our store-closing program,” Casey said.

    That's corporate speak for "Business absolutely sucks and I'm losing my shirt."

    Terry

    14 Jan 10 at 4:31 pm

  4. its now a mattress store

    Javier

    20 Dec 10 at 5:35 pm

  5. its a mattress store

    Javier

    20 Dec 10 at 5:35 pm

  6. If anyone cares to see what they're talking about when they say ♫ "At A Goodnight Sleepstore, the rest is up to you" ♫ on their radio stores, this fmr Blockbuster has you covered

    Andrew

    3 May 11 at 3:50 pm

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