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Blockbuster set to close 3 more stores in Hawaii

  • ASSOCIATED PRESS
    Blockbuster Inc., which has closed more than 1,000 stores across the country, will shut down three more in Hawaii, at Salt Lake, Wai­anae and on the Big Island. Above, the return slot at a Blockbuster Video store in New York.
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Blockbuster Inc. is closing three Hawaii stores on April 10.

The home video chain, which put itself up for sale after a failed attempt to reorganize in bankruptcy, will close a Salt Lake store at 848 Ala Lili­koi St., a Wai­anae location at 86-120 Farrington Highway, and a Big Island store at 74-5586 Palani Road in Kailua-Kona.

The locations employ more than 20 workers, according to store managers.

Blockbuster, which closed its Mililani store at 95-221 Kipapa Drive this month, filed for Chapter 11 bankruptcy protection in September, after mounting losses due to increased competition from serv­ices such as Netflix and Redbox. The company, established in 1985 by a Dallas software entrepreneur, has lost market share in recent years.

Blockbuster has shut down more than 1,000 money-losing stores nationwide in the past two years.

The U.S. Bankruptcy Court in New York approved the auction of the company on March 11.

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