Blockbuster to Close 186 Stores

Dallas-based Blockbuster Inc. will shutter 186 more stores by the end of March 2011, according to www.wsj.com. This will bring the total number of U.S. locations that the company has closed or has slated for closure to 1,145 since the video-rental chain filed for bankruptcy protection in September 2010. In recent filings with the U.S. Bankruptcy Court in Manhattan, Blockbuster said it will reject the leases on 186 of its stores by March 31. According to court papers, Blockbuster had more than 3,300 U.S. stores when it entered bankruptcy proceedings. SAVE | EMAIL | PRINT | MOST POPULAR