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Blockbuster and Sears are two text book examples of running a very large successful business into the ground because of lack of foresight.
1 posted on 07/15/2018 3:40:22 PM PDT by BBell
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To: BBell

If Blockbuster knew which way was up, they’d assemble an emergency task force of IT professionals, and rebuild their business model from the ground up, leveraging all that high speed digital technology has to offer, and throw in some new feature or twist that Netflix doesn’t have. A longshot but pretty much their only route to survival.


2 posted on 07/15/2018 3:46:38 PM PDT by SpaceBar
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To: BBell

“Even the IBM computers are running the same floppy disks from the 1990s, she said, shocking the younger employees.

“No one can hack these computers, so that’s a good thing,” she said.”

LOL


3 posted on 07/15/2018 3:47:02 PM PDT by max americana (Fired libtard employees 9 consecutive times at every election since 08'. I hope all liberals die.)
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To: BBell
Blockbuster and Sears are two text book examples of running a very large successful business into the ground because of lack of foresight.

Especially Sears. They were the Amazon of their day. Both didn't want to cannibalize in-store sales.

4 posted on 07/15/2018 3:47:56 PM PDT by FatherofFive (Islam is EVIL and needs to be eradicated)
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To: BBell

I would think that if customers wanted to park in front of your store you would be better off letting them do so. Rather than chasing them off so people can take pictures of your failing business.


5 posted on 07/15/2018 3:49:08 PM PDT by sipow
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To: BBell

I remember buying a DVD player sometime back in the very late 1990’s and there was a coupon for the new Netflix. I was a bit leery about it so I never joined but as Netflix grew I often wondered why Blockbuster didn’t try to do something about the competition. Redbox too.

They had enough corporate muscle and finances to move into those arenas yet didn’t make a move. I guess they didn’t learn from Sears.


7 posted on 07/15/2018 3:50:26 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: BBell
"Blockbuster and Sears are two text book examples of running a very large successful business into the ground because of lack of foresight."

I hope Starbucks will be next.

8 posted on 07/15/2018 3:52:52 PM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches us anything.)
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To: BBell
When Gene Wilder died in 2016, mourners took to Netflix and other streaming services to watch films like "Blazing Saddles," "Young Frankenstein" and "Charlie and the Chocolate Factory."

No luck. Customers flooded the store and called to ask if Harding's store had them in stock. Of course, Harding told them.

Gene Wilder died?

9 posted on 07/15/2018 3:54:29 PM PDT by Drew68
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To: BBell

Once upon a time Blockbuster execs mocked Netflix as Netflix offered itself to BB for sale at a nominal price. Reminds me of the media mocking Trump back in 2015.


10 posted on 07/15/2018 3:54:44 PM PDT by libh8er
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To: BBell

Polaroid is another example. Although never as big as Kodak, Polaroid was a large, well-established company. They were about the only significant player in the “instant photography” marketplace.

They developed instant movies in the 70s — just as Betamax and VHS came out.
They had little interest in digital photography when that was new.

Today, there is some “retro” interest in Polaroid, but the company is a shell of what it once was. It was a failure of vision.


15 posted on 07/15/2018 4:07:25 PM PDT by ClearCase_guy (If you beleive the dog, then take his advice.)
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16 posted on 07/15/2018 4:08:55 PM PDT by BBell (Antifa are like house cats. One squirt from a squirt bottle and they scatter.)
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To: BBell

Blockbuster and Hollywood video had a better selection than Netflix. You could also rent games from Netflix, which isn’t possible online. You either buy it or you don’t.


24 posted on 07/15/2018 4:35:01 PM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: BBell

I always enjoyed going to Blockbuster and other video stores. Of course, I haven’t been to one in twenty years. Time marches on!


27 posted on 07/15/2018 4:43:54 PM PDT by Southside_Chicago_Republican (If liberty means anything at all, it means the right to tell people what they do not want to hear.)
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To: BBell

Our town has a Family Video/Marco’s Pizza that seems to be doing all right. I believe it is pretty much a Midwest operation.


28 posted on 07/15/2018 4:47:06 PM PDT by hanamizu
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To: BBell
Blockbuster ....text book examples of running a very large successful business into the ground because of lack of foresight.

How do they compete with my library that offers DVDs for free if I merely have the patience to wait till they're available to me?

All I have to do is wait till the library receives the DVD then reserve it and be placed on a waiting list. Once my reservation comes up, I receive an email telling me I can come in and pick it up.........

Blockbuster or Redbox can't even come close to that........

29 posted on 07/15/2018 4:59:06 PM PDT by Hot Tabasco (I once found a needle in a haystack but it wasn't the one I was looking for...)
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To: BBell
Another reason Blockbuster failed is a lesson to the $15 per hour crowd. The Redbox kiosk eliminates +95% of the labor cost.
34 posted on 07/15/2018 5:25:07 PM PDT by fungoking (Tis a pleasure to live in the 0zarks)
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To: BBell

I hated their late fees.


36 posted on 07/15/2018 5:29:44 PM PDT by moovova
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To: BBell

The one in Charlevoix,Mi. is now an O’Reilly Auto Parts store.


52 posted on 07/15/2018 6:54:20 PM PDT by gigster (Cogito, Ergo, Ronaldus Magnus Conservatus)
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To: BBell

I used to sell (place) pay telephones at $450 a pop.


56 posted on 07/15/2018 7:51:07 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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