business news in context, analysis with attitude

The New York Times reports that a Blockbuster video rental store in Western Australia will close at the end of the month, leaving just one Blockbuster open anywhere in the world.

It is in Bend, Oregon. And the people who work there have no intention of closing anytime soon.

But, the Times writes, “this is no elegy for Blockbuster, no lament for how Netflix killed the video star. There were plenty of those when the company filed for bankruptcy protection in 2010, shriveled to 300 stores and then mostly closed.

“This is about the ability of the Bend store, like sturdy links in other dying chains, to live on and avoid being turned into a pawnshop or a fast-food restaurant … Such holdouts have bucked the norm in the retail and restaurant industries, which have shed stores by the hundreds in recent years.”

Good piece, and you can read it here.
KC's View:
This gives me yet another reason to visit Bend this summer during my annual adjunctivity at Portland State University.

First, I need to visit the great Newport Avenue Market, a great independent serving a wonderful community. It’s been too long, and I’m a big fan.

Second, there’s the food at Ariana.

And now, there’s the last Blockbuster store.