Blockbuster's Troubles, And What They Mean for Netflix [View article]
BBI is going out of business for sure. They need a miracle to keep up with Netflix at this point. NFLX is a great company with a lot of potential for growth and an already growing subscription base. Investors love NFLX, sentiment has been more bullish this month www.predictwallstreet.... showing ppl are optimistic about NFLX's future in the upcoming economic troubles.
Blockbuster keeps saying bankruptcy is not in any of their discussions but I just don't know if I believe them. If they can rebound that fast, they can drop that fast. Investors don't seem to be too confident in BBI either as sentiment is bearish (www.predictwallstreet....). I'm still feeling pretty pessimistic about the outlook for BBI, especially with Netflix on the rise.
Welp, I still don't know if Tailbots owns PacSun, but either way the list of closing down or out of business stores is astonishing. I think the point this article makes is that the list is looooooong and will probably get longer if companies don't develop efficient and effective business models.
Blockbuster's Troubles, And What They Mean for Netflix [View article]
Is Blockbuster Going Bust? [View article]
Retailers on the Extinction List [View article]