Red Envelope Madness!

Thursday, January 12, 2006

Blockbuster is giving up on its stores

Via Reuters.com

LOS ANGELES (Reuters) - Blockbuster Inc.(BBI.N: Quote, Profile, Research) Chief Executive John Antioco on Tuesday told investors that the No. 1 U.S. rental chain would push customers toward its online rental service as it continues to close retail stores in 2006.

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