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06/23/2016

Staying Relevant

Take Steps Today to Avoid the Fate of Blockbuster, Borders, and Other Defunct Retailers

A couple of months ago, the last Blockbuster store in Louisiana closed its doors. The local owner said that over the years his business had gone from lines of customers waiting to rent movies to just a few loyal customers. The store used to be one of the 9,000 Blockbuster stores that employed more than 60,000 people. It used to be a part of a $4.8 billion a year industry. And now, the brick-and-mortar movie rental store has become obsolete.

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Awards and Personalization Association

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