Remaining Blockbuster stores in U.S. to close by early January

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Posted: Wednesday, November 6, 2013 12:00 am

Blockbuster, which had more than 9,000 retail stores across America just nine years ago, will close over the next two months the few hundred video-rental stores that it still has, the company's owner, Dish Network, said Wednesday in a long-expected announcement.

Dish, which acquired Blockbuster through a bankruptcy auction in 2011, after the retailer had already been decimated by digital video distributors like Netflix, said it still sees value in the brand name and will use it in limited ways.

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