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, April 24, the 114th day of 2014. There are 251 days left in the year.

1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East.
1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil.
1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport.
1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island.
1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis.
1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.








(More History)