Say farewell to Blockbuster, the video chain that was once one of the biggest brand names in America.
The chain’s new owner, Dish Network (DISH +1.58%), has said it will close 500 under-performing Blockbuster locations with expiring leases, and it may close more beyond that. There were only about 1,500 Blockbuster stores left, so the announcement is one of the final nails in the coffin for the former video powerhouse.
Not that many people are complaining. Former Blockbuster customers still grumble about the chain’s strict return policies.
Remember the days when you raced to the store to get that movie back on time?