In 2004 Blockbuster Video had 60,000 employees, 9,000 video stores and did 6 Billion, (yes, with a “B”), dollars in revenue.  By 2010 they were bankrupt.  What happened? Netflix. The strangest part of the whole thing though is that Netflix never wanted or intended to be in the DVD business long term.  You don’t […]

In 2007, CompUSA — a major big box retailer of computers and consumer electronics — went bankrupt and closed almost all brick-and-mortar locations throughout the United States. In 2009, Circuit City — the second largest big box retailer of consumer electronics at the time, after Best Buy — joined CompUSA in total liquidation. Both brands […]

You read it here first, when I predicted that Blu-ray would, hands down, beat HD DVD in the new HD format war. Apparently, Blockbuster agrees. The movie rental giant announced the company has chosen Blu-ray as the official HD format for its stores and all 1,700 of its corporate-owned stores will stock Blu-ray titles by mid-July. It’s […]