Latest update: 30/09/2010
The lessons from Blockbuster
Too slow to react to the competition, Blockbuster, the biggest US video and DVD rental chain, has declared bankruptcy. But also: why I'm considering trading in my iPhone for an Android, and GeocodEarth.com, a site which allows you to look at Flickr photos as they are published. And pick of the week: Paper.li, a personalised social newspaper based on recommendations of the people you follow on Twitter.
Comments (1)
No more brick and mortar
The brick and mortar stores are Blockbuster's biggest strength, but also its biggest weakness. Blockbuster's funds are tied up in the stores that very few consumers visit. All the stores need to be closed if Blockbuster wants to survive bankruptcy.
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