Blockbuster closing 4 Iowa stores


Share
Originally Posted Online: Feb. 18, 2013, 2:14 pm
Last Updated: Feb. 18, 2013, 9:57 pm
Comment on this story | Print this story | Email this story

 

CEDAR RAPIDS, Iowa (AP) - Four of the five remaining Blockbuster stores in Iowa will close this spring as part of a move to close hundreds of the video rental shops across the nation.

The Gazette in Cedar Rapids reports stores in Cedar Rapids, Davenport, Iowa City and Muscatine will close in April. A store in Ankeny will remain open.

The decision follows an announcement in January by Dish Network Corp. that it would close about 300 Blockbuster stores across the country and lay off about 3,000 employees.

Colorado-based Dish Network bought the then-bankrupt video rental chain for $320 million in 2011. It also closed about 500 underperforming Blockbuster locations last year.

Blockbuster has been struggling as it faces competition from DVD rental kiosks, mail order rentals and video streaming.

 














 



Local events heading








  Today is Thursday, July 24, the 205th day of 2014. There are 160 days left in the year.

1864 -- 150 years ago: The Rev. R.J. Humphrey, once a clergyman in this city, was reported killed in a quarrel in New Orleans.
1889 -- 125 years ago: The Rock Island Citizens Improvement Association held a special meeting to consider the proposition of consolidating Rock Island and Moline.
1914 -- 100 years ago: The home of A. Freeman, 806 3rd Ave., was entered by a burglar while a circus parade was in progress and about $100 worth of jewelry and $5 in cash were taken.
1939 -- 75 years ago: The million dollar dredge, Rock Island, of the Rock Island district of United States engineers will be in this area this week to deepen the channel at the site of the new Rock Island-Davenport bridge.
1964 -- 50 years ago: The Argus "walked" to a 13-0 victory over American Container Corporation last night to clinch the championship of Rock Island's A Softball League at Northwest Douglas Park.
1989 -- 25 years ago: The Immediate Care Center emergency medical office at South Park Mall is moving back to United Medical Center on Sept. 1. After nearly six years in operation at the mall, Care Center employees are upset by UMC's decision. The center is used by 700 to 800 people each month.








(More History)