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  #1  
Unread December 18th, 2010, 11:37 AM
bbv123456 bbv123456 is offline
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2011 Q1 Store Closings

announcements must be coming soon...how many do you all think? my guess is 300 or so.
  #2  
Unread December 21st, 2010, 12:21 PM
itirnitii itirnitii is offline
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All but 2.
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  #3  
Unread December 21st, 2010, 12:25 PM
djsdojo djsdojo is offline
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ALL OF THEM!!!




























that are not meeting budget!!
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  #4  
Unread December 21st, 2010, 12:30 PM
kOre kOre is offline
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I say 800-1000. Not really based on anything just pure speculation.
  #5  
Unread December 21st, 2010, 12:35 PM
djsdojo djsdojo is offline
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Quote:
Originally Posted by kOre View Post
I say 800-1000. Not really based on anything just pure speculation.
I would agree with that number.

I could say about %50 of the stores closing down soon would be a good estimate.
  #6  
Unread December 21st, 2010, 02:42 PM
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Just-a-Rolling Just-a-Rolling is offline
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Although Icahn's position is the strongest at this point and that is to have
Blockbuster continue. The other debt holders want to liquidate.

If Blockbuster's continued loses increase through the 4th quarter
I would not expect Blockbuster coming out of court and going directly
into liquidation.
  #7  
Unread December 21st, 2010, 03:39 PM
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Blockbuster in 2011: Path to Shrinkage

NEW YORK (TheStreet) -- Blockbuster(BLOAQ.PK) will shutter 182 stores in 2011, as it works to emerge from bankruptcy.
BBI The movie rental giant, which is currently battling it out in bankruptcy court, disclosed in a filing with Manhattan bankruptcy court that it will close 72 stores before the end of the year and 110 early next year.
Blockbuster has already closed about 1,000 underperforming stores in the past two years. The company had about 3,000 locations when it filed Ch. 11 in September, and said business would go on as normal.
Nonetheless, analysts have said that they expect Blockbuster's footprint to shrink substantially, with some estimating the company will close between 500 to 800 stores.
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  #8  
Unread December 21st, 2010, 06:41 PM
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we all be fucked the crack heads be at that shit again. Remember to sell your soul away it may save your store.
I am sure that all the online customers will be so bummed that they can no long exchange their movies and be coerced in to buying those bundles
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  #9  
Unread December 21st, 2010, 06:42 PM
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Quote:
Originally Posted by zooworker View Post
NEW YORK (TheStreet) -- Blockbuster(BLOAQ.PK) will shutter 182 stores in 2011, as it works to emerge from bankruptcy.
BBI The movie rental giant, which is currently battling it out in bankruptcy court, disclosed in a filing with Manhattan bankruptcy court that it will close 72 stores before the end of the year and 110 early next year.
Blockbuster has already closed about 1,000 underperforming stores in the past two years. The company had about 3,000 locations when it filed Ch. 11 in September, and said business would go on as normal.
Nonetheless, analysts have said that they expect Blockbuster's footprint to shrink substantially, with some estimating the company will close between 500 to 800 stores.
Only if Blockbuster could take pills to bring their performance up to par and become enlarged .
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Even the Devil, which is the main share holder of blockbuster is saying you guys are making me look bad!

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  #10  
Unread December 21st, 2010, 06:52 PM
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Netflix is a niche company... It will never catch on.
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