Many brick and mortar video rental stores are closing shop as streaming video and movie rental kiosks are increasing in popularity. In February 2010, Hollywood Videos in Modesto closed their doors forever. And now the final two Blockbuster video stores in Modesto will be closing soon.
The Blockbuster on 2900 Standiford Ave Ste 22 will be closing on March 24th. They are no longer renting out movies or games. Everything is on sale as they are trying to clear out their inventory.The Blockbuster on 2401 E Orangeburg Ave Ste 100 will be closing on April 7th and they too are conducting an inventory sale.
The only Blockbuster video store that will still do business in Stanislaus County will be the Blockbuster in Turlock on 1401 Geer Rd Ste A.
Blockbuster, LLC had over 60,000 employees and over 9,000 stores at its peak in 2004. But do to their inept executives, Blockbuster declared for Chapter 11 bankruptcy protection in late 2010. Now there less than 500 video stores worldwide. Dish Network purchased Blockbuster in bankruptcy in 2011 for $320 million.
Movie kiosk, Blockbuster Express, is not owned by Blockbuster but rather is owned, operated and licensed to NCR Corporation, which was bought out by Redbox in February 2012 for $100 million. Redbox is a subsidiary of Coinstar, who is well known by many people in the Central Valley as the coin cashing machine company.