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Company Profile- BlockBuster

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					FSP Retailer Profiles
        Blockbuster
FSP Retailer Profiles - Blockbuster
                                                         About
                                                         Blockbuster was founded in Dallas, Texas, in 1985, entering the UK in 1989.
                                                         It remains the UK’s leading DVD rental operation, but has contracted from almost 800
                                                         UK outlets to 600 by late-2010.DVDs for purchase are an increasingly important part of
                                                         its offer, while on-line rental and purchase has also become significant.
                                                         Around 200 outlets comprise Blockbuster superstores, the remainder smaller
                                                         Blockbuster Express outlets. There are 40 or so in-store BBGames concessions
                                                         (formerly Gamestation). Reflecting the difficult market and on-going rationalisation,
                                                         UK sales fell 10% to £263m in 2009.


 History                                             Recent News
 • 2010: US Blockbuster files for                    •    Blockbuster set to close 182 stores
   Bankruptcy.                                       •    Blockbuster UK profits up despite bankrupt parent
 • 1999: Viacom holds an initial
   public offering of Blockbuster
                                                     •
                                                     •
                                                          Blockbuster UK to sell mobile phones, iPods and TVs
                                                          Blockbuster will not rule out closures
                                                                                                                                     Blockbuster Trading Countries
   shares on the New York stock                      •    US Blockbuster files for bankruptcy
                                                                                                                                     England & Wales & US
   exchange.                                         •    Potential buyers sit tight as Blockbuster awaits its
 • 1996: Company headquarters                             fate
   move to Dallas.                                   •    Blockbuster adds videogames to its mail offering
 • 1994: Media giant Viacom Inc.                     •    Blockbuster offers mobile phone voucher scheme
   acquires Blockbuster.                             •    Blockbuster says its business model is successful in
 • 1992: Blockbuster acquires Sound                       UK
   Warehouse and Music Plus                          •    Blockbuster UK insists it has a future despite US
   chains to create Blockbuster                           struggles
   Music stores.                                     •    Blockbuster may file for bankruptcy
 • 1989: Blockbuster opens its first
   stores in London and in Canada
 • 1987: Founder David Cook leaves                   Year                   BIS Guide
   the company                                       2008                   Healthy
 • 1986: Blockbuster goes public.                    2009                   Healthy
 • 1985: The first Blockbuster video
   store opens in Dallas.                            2010                   Very Strong


     ©FSP 2010. BIS © Department for Business Innovation and Skills.
2    The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
FSP Retailer Profiles - Blockbuster


    Blockbuster Sales                                                                                              Blockbuster Financial Health
                                                Blockbuster                                                                           Financial Health Progression
                                                                                                                          130
               350000
               300000                                                                                                     120
               250000                                                                                                     110
    Millions




               200000
                                                                                                                          100




                                                                                                                     P2
               150000                                                                         Sales Exc Vat
                                                                                                                           90                                                                   P2
               100000                                                                         UK Sales Exc Vat
                50000                                                                                                      80
                    0
                                                                                                                           70
                        2001
                               2002
                                      2003
                                             2004
                                                    2005
                                                           2006
                                                                  2007
                                                                         2008
                                                                                2009
                                                                                       2010




                                                                                                                                  2001 2002 2003 2004 2005 2006 2007 2008 2009
                                                     Year                                                                                                         Year




      ©FSP 2010. BIS © Department for Business Innovation and Skills.
3     The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
                                         FSP • 19 Manor Courtyard
                                            • Hughenden Avenue
                                      High Wycombe • HP13 5RE • UK
                                           T +44 (0) 1494 474740
                                           F +44 (0) 1494 474262
                                           E fspretail@fspretail.co.uk
                                   W www.fspretail.co.uk & www.snap-shop.co.uk




Fripp Sandeman and Partners Limited, trading as FSP
G Nicholson (Managing Director) J H Fell J Hewson K Gunn
Registered Number 1284879
Registered Office 19 Manor Courtyard Hughenden Avenue High
Wycombe Buckinghamshire HP13 5RE

				
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Description: FSP's retail database provide an insight into a company with information relating to the company's history, finances, locations and published news.