News

Menlo Park Blockbuster goes bust

Store to close on Feb. 19

It's lights off for Menlo Park's Blockbuster store at 3532 Alameda de las Pulgas in West Menlo Park. The store plans to shut its doors on Feb. 19.

The closure follows in the wake of others across the United States after the franchise filed for bankruptcy and sold its assets to DISH Network in April for an estimated $320 million.

DISH spokesman Aaron Johnson said the franchise remains committed to maintaining only those stores that can turn a profit. In general, he said, "Stores can close for a number of reasons, such as the store reaching the end of its lease, a store may be too large in size, or property owners may be unwilling to reach a reasonable lease renewal."

As many employees as possible – each store employs 8 to 12 on average, according to Mr. Johnson – will be relocated to other stores.

The manager of the Menlo Park store declined to comment on how many employees the closure will affect and said the store's inventory is being sold.

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