Blockbuster Canada is Closing its Doors - High-Def Digest Forums
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Old 09-09-2011, 06:04 PM
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Default Blockbuster Canada is Closing its Doors

The remaining 253 stores will be shut down and the company liquidated.

http://www.homemediamagazine.com/blo...ing-down-25010
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Old 09-09-2011, 07:01 PM
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I'm so happy!
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Old 09-09-2011, 07:20 PM
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NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!! !!!!!!!!!
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Old 09-09-2011, 07:55 PM
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Quote:
Originally Posted by TheDickWard View Post
The remaining 253 stores will be shut down and the company liquidated.
And the cash sent to the US.
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Old 09-09-2011, 09:46 PM
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...To create new jobs.
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Old 09-09-2011, 09:53 PM
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Some people call it a closing down of the stores, I call it a chance to pick up blu-rays at rock bottom prices. lol
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Old 09-09-2011, 10:02 PM
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Quote:
Originally Posted by LordoftheRingsEE View Post
...To create new jobs.
More like to pad the company's profit statements and boast how they are turning things around. Like they did with the first round of liquidation cash.

Quote:
Originally Posted by OpticDisc View Post
Some people call it a closing down of the stores, I call it a chance to pick up blu-rays at rock bottom prices. lol
Maybe you are writing about the PVs (some of which are $20, lol), the new BD prices are so outrageous that even at 40% off you are still paying more then other retailer's prices.
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Old 09-09-2011, 10:35 PM
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^ You, are totally correct sir!
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Old 09-12-2011, 11:29 AM
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They main reason I'm out of a job is because the US Blockbuster declared bankrupcy and thier 64 million dollar debt went to us their Canadian brother. While Blockbuster Canada made 38 million profit last year we couldn't sustain a 64 million dollar debt and that sent us into receivership. So in a couple of weeks I'll be looking for a new job and I can calmly blame corporate America. In this I'm not alone.
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Old 09-12-2011, 12:25 PM
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so that'll leave Rogers Video all alone with 0 competition in canada....nice. lol

and since most of their stores double as your cable company(if you're with them) and cell phone store they have little worry over being shut down. since they probably make more than enough money from cable and phone customers where the video section isnt as big a deal if its not doing as well.
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