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Dish Network (DISH) intends to shut 300 out of Blockbuster's 800 outlets in the U.S. in the...

Dish Network (DISH) intends to shut 300 out of Blockbuster's 800 outlets in the U.S. in the coming weeks and lay off 3,000 workers, or 10% of the parent company's staff. The stores to be closed are underperforming or are coming to the end of their leases. The closures add to 500 stores that Dish shut last year, although the company still "continues to see value in the Blockbuster brand."
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