Next Victim Of The Recession: Blockbuster

Ken AshfordEconomy & Jobs & DeficitLeave a Comment

Blockbuster might be joining Circuit City and CompUSA soon:

Blockbuster may be counting down the days until it's forced to close its retail stores, the company revealed in a filing with the Securities and Exchange Commission this week. In the filing, the company revealed that it may not be able to meet the terms of a recent $250 million loan, and that there was "substantial doubt" about its ability to continue as a business in the near future.