Blockbuster shows another quarterly loss
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The following comments relate to this news article:
article published on 15 November, 2009
Blockbuster, the struggling video rental chain, showed another quarterly loss for the Q3 2009, with net loss increasing almost $100 million year-on-year.
The company said the increased loss was due to store closings and a 14 percent drop in same-store sales. Blockbuster plans to reverse the loss by next year using newly refinanced debt agreements and boosting videogame advertising and sales.
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spartybob
Junior Member
2 product reviews
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15. November 2009 @ 22:51 |
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To the last BB customer, please turn off the lights. Thank You, Management.
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jookycola
Member
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16. November 2009 @ 10:25 |
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Die, Die, Die
Already.
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LissenUp
Suspended permanently
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16. November 2009 @ 11:05 |
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Yes, I truly think BB can pull itself out of its hole and debt.................close all your stores with the exception of 5-10. Become a small business in local areas and admit a business failure.
Good GOD............even Family Video has kicked their ass.
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AfterDawn Addict
1 product review
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17. November 2009 @ 00:21 |
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Originally posted by LissenUp: Yes, I truly think BB can pull itself out of its hole and debt.................close all your stores with the exception of 5-10. Become a small business in local areas and admit a business failure.
Good GOD............even Family Video has kicked their ass.
Up the insurance, then piss off the mob...that is the only profitable business plan I can think of for them.
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Senior Member
4 product reviews
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17. November 2009 @ 12:58 |
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there are some real brains at work hear people lets close all are stores that will increase are sales. then people wonder why is america in a state of recess.
that puts 4800 people out of jobs in the worse time possible, about 5% of those 4800 people will get new jobs the rest will try but to no success.
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duke8888
Junior Member
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19. November 2009 @ 08:31 |
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I hate Blockbuster and their business practices can't wait for the last store shutting down, Die Blockbuster Die
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Mez
AfterDawn Addict
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19. November 2009 @ 09:52 |
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I think they need to sink all their money in SD chips! Why they think they will be more profitable than disks that only have 2 flavors and that everyone uses is beyond me.
I will actually hate to see them go. I use Red Box for new releases but BB for oldies when my backup is not usable. I guess I will need to go back to NFs. I have had too many terrible experiances with them.
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