Blockbuster Stores call it quits

Blockbuster is unable to compete with online movie rental website such as Netflix and other sites.

"This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment. Despite our closing of the physical distribution elements of the business, we continue to see value in the Blockbuster brand, and we expect to leverage that brand as we continue to expand our digital offerings." Dish President and CEO Joseph Clayton said in a statement.