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  #13  
Old September 23rd, 2010, 08:33 PM
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Re: Blockbuster Bu-Bye

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Originally Posted by krysto2002 View Post
Now the real question is: how will they go down?
Will the stores simply empty out overnight, or will they go "closing soon" for days. Or, IMO best for us, major closing sale! That usually means insane discounts. To prove chain stores can go nuts, consider this. At a nearby closing Pepperidge Farms Outlet, their Milano cookies (you know the tiny $4 packs) sold for half off-half off and buy 4 get for free. With $20 we filled the car...

So will Blockbusters have a sale? I hope so, I don't mind paying ridiculous prices in the opposite sense of what it used to be.
This is not the end for them. Again it is the good kind of bankruptcy. It will give them a free pass to pay of their employees instead of their creditors and they can sell resources left and right. I foresee some of the stores going out of business. There will be huge sales and I see some other company (Netflix, Blockbuster, Redbox) making a bid on all of their inventory of rentals. Their stuff for purchase will be on sale quickly to the general public (they need cash fast). They will close stores until they are profitable again, and then they will stop. While they are picking up the pieces, Netflix will just get better and better. Things will be OK for a while, but it will happen again unless they change.

The other stronger and smarter companies will keep nibbling at them until they are gone.

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  #14  
Old September 23rd, 2010, 09:23 PM
jschild jschild is offline
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Re: Blockbuster Bu-Bye

Quote:
Originally Posted by Ryougabot View Post
Quote:
Originally Posted by krysto2002 View Post
Now the real question is: how will they go down?
Will the stores simply empty out overnight, or will they go "closing soon" for days. Or, IMO best for us, major closing sale! That usually means insane discounts. To prove chain stores can go nuts, consider this. At a nearby closing Pepperidge Farms Outlet, their Milano cookies (you know the tiny $4 packs) sold for half off-half off and buy 4 get for free. With $20 we filled the car...

So will Blockbusters have a sale? I hope so, I don't mind paying ridiculous prices in the opposite sense of what it used to be.
This is not the end for them. Again it is the good kind of bankruptcy. It will give them a free pass to pay of their employees instead of their creditors and they can sell resources left and right. I foresee some of the stores going out of business. There will be huge sales and I see some other company (Netflix, Blockbuster, Redbox) making a bid on all of their inventory of rentals. Their stuff for purchase will be on sale quickly to the general public (they need cash fast). They will close stores until they are profitable again, and then they will stop. While they are picking up the pieces, Netflix will just get better and better. Things will be OK for a while, but it will happen again unless they change.

The other stronger and smarter companies will keep nibbling at them until they are gone.
With Netflix cornering the on-demand and mail order business and redbox cornering the $1 a day business, there is pretty much no where for them to go. The toilet is already flushed, the offal is circling the drain, but we know where it always ends up. It'll just take two flushes is all.

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  #15  
Old September 23rd, 2010, 10:16 PM
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J4Jandar J4Jandar is offline
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Re: Blockbuster Bu-Bye

Never a blockbuster guy though local rental stores were a pain.

Over priced and only able to rent for one day?

Hey! What do you mean I have a late charge? I already payed that off!

Yeah, buh bye.
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  #16  
Old September 24th, 2010, 01:54 AM
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Jim Jim is offline
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Re: Blockbuster Bu-Bye

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Originally Posted by J4Jandar View Post
Hey! What do you mean I have a late charge? I already payed that off!
Again, speaking as the 13+ year employee... Yeah, that doesn't happen (short of major computer crashes).

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  #17  
Old September 24th, 2010, 08:26 PM
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Re: Blockbuster Bu-Bye

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Originally Posted by Jim View Post
Quote:
Originally Posted by J4Jandar View Post
Hey! What do you mean I have a late charge? I already payed that off!
Again, speaking as the 13+ year employee... Yeah, that doesn't happen (short of major computer crashes).
Should have clarified the fact this was not a blockbuster incident but a local gaf-tastic rental joint.
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  #18  
Old September 27th, 2010, 06:15 PM
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Ryougabot Ryougabot is offline
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Re: Blockbuster Bu-Bye

I just had to laugh...That was their problem
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They were certainly not as aggressive in their advertising

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  #19  
Old September 27th, 2010, 08:49 PM
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Re: Blockbuster Bu-Bye

Blockbuster was created to lose money...but that backfired.
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