![]() Stores began to close, and as of 2022, the last remaining store was in Bend, Oregon. The company filed for bankruptcy in September 2010. In 2004, Blockbuster started its own an online DVD rental service to compete with Netflix, but it wasn't enough to save the company. The video rental store had 400 stores around the country in 1988.īut when on-demand movie services, pay-per-view and cheaper rental services such as Redbox began to gain popularity, Blockbuster struggled to retain its customer base. Stocked with at least 8,000 tapes, the store was much larger-scale than other video stores at the time, the website said. The first Blockbuster store opened in October 1985 in Dallas, according to. The attorney obliged and suggested Blockbuster open an on-demand mini movie theater experience in which it rents theater rooms with couches, a big screen and surround sound. Most recently on Wednesday, a lawyer tweeted about Blockbuster making a comeback, and the retailer nudged the attorney to make a business pitch. On March 15, the company tweeted: "New business idea: We're going to come back as a bank and use VHS and DVDs as currency.
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