Business & Tech
Blockbuster in Edmonds Is Spared
Another store, on Ballinger Way in Shoreline, has closed as part of the video store's Chapter 11 strategy.
Although Blockbuster Video is now closing stores nationwide, its lone location in Edmonds has been spared—at least for now.
The Edmonds site is in the QFC shopping center at state Route 104 (Edmonds Way) and 100th Avenue West. Another Blockbuster, in the Safeway shopping center on Highway 99, was closed a few years ago.
One Blockbuster Video that has closed was in Ballinger Village, located just off Interstate 5 in Shoreline. The last day to rent DVDs and games was on Thursday; on Friday, everything in the store went on sale.
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The closures are part of the company’s strategy as it emerges from Chapter 11 bankruptcy protection.
The struggling company filed Chapter 11 last year with $1 billion in debt on its books and increasing competition from Redbox and Netflix.
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Blockbuster executives told the major Hollywood studios last August that they expected to shutter 500 to 800 of its 3,425 U.S. stores as part of a bankruptcy process that would begin in September, the Los Angeles Times reported.
Shoreline Patch editor Tony Dondero contributed to this report.