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Blockbuster Video Closing | by Scott Clark
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Blockbuster Video Closing

Struggling movie rental retailer Blockbuster Inc. said Thursday that its third-quarter loss surged more than fivefold as more consumers rented movies by mail or through competitors' vending kiosks instead of driving to its stores.

 

Blockbuster said it expects to close at most 115 stores in the fourth quarter. That's in addition to the 216 it has closed through the third quarter.

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Taken on October 29, 2009