Over 500 stores are now set to close as Blockbusters announces administration, but the surpirse is theat the administrators believe the core of the business is still profitable. 3 reasons for this is digital technology, competition from discounted online sales and the continuing sqeeze from economic downturn.
Now, it's up against agressively-priced offers of streaming video content from Netflix and Lovefilm. This is particularly dificult for Blockbuster's business model to compete with multiple episodes and box sets.
Christmas trading reports so far show it's online that's le[t successful retailers' numbers rising while those without an adequate strategy for online sales are struggling.
Hi Ste, can you go to your movie trailer blog and change the dates for me (well not me, the moderator!) so that the first post he sees is
ReplyDelete1. Your embedded trailer
2. Your cinema poster and magazine front cover
3. Your evaluation.