Thread: Stocks
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Old 03-13-2008, 09:08 PM   #3
Rausch Rausch is offline
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Quote:
Originally Posted by eazyb81 View Post
Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.

Let's hear some more recommendations.
As a former employee of Movie gallery they are a doomed venture. They are everything that is wrong with being coorporate and nothing right (read: making money.)

When I was a GM (only 9 months) they completely ignored what generated the local revenue (porn and older, classic movies) and demanded all stores adopt the same look, inventory, emphasis, etc.

Even as a n00b in management I could see they were set up to lose money and had two regional GM's (read: competant ones) hired away by BB for much more money...
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Originally Posted by rico
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